Page 55: of Maritime Reporter Magazine (December 1994)
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MS Signs Contract For First Foreign Commercial Order To .S. Shipbuilder Since 1957 andGregory Hadjieleftheriadis, vice presidentand director, Eletson.
Seated between Mr.Karastamatis and Mr.Phillips isU.S. Secretary of Transportation Federico Pefia, whose formal approval of the contract's Title XI loan guarantee immediately preceded the contract signing.
The first of two tankers on order will be delivered in 22 months, with the second coming four months later. The contract includes an option for a possible third and fourth ship.
For more information on Newport News
Circle 89 on Reader Service Card he signing of the contract for Newport News Shipbuilding (NNS) o construct double-hull product tankers for Eletson of Piraeus,
Jreece took place at a ceremony on Oct. 31,1994 in Newport >lews, Va. The event represents the first time since 1957 that a
J.S. shipbuilder has received a commercial order from a foreign nwner. John Karastamatis, president of the Greek shipping firm iletson Corporation, exchanges pens with Newport News Ship- building Chairman and CEOPat Phillips after signing the contract for the construction of the 46,500-ton tankers. Looking on at the ceremony were (left to right): Bill Fricks, president and chief operating officer, NNS; Congressman Herb Bateman (R-Va.);
Preliminary CAD drawing of the Double Eagle tanker's cross section.
The drawing was generated using VIVID, Newport News' own design software.
Trinity Wins Canal Barge Order
Canal Barge Company, Inc., New Orleans, and the Trinity Marine Group have agreed on the construction of 1017,000-barrel tank barges for carriage of clean products and chemicals.
The contract, whose terms were not disclosed, is an extension of a previous contract for four identical barges. The barges, to be built at
Trinity's Gulfport, Miss, shipyard, are a mixture of 200-ft. box, and 195-ft. rake barges, each with a 54- ft. beam and 12-ft. depth.
The vessels are state-of-the-art, semi-integrated, double skin barges with full vapor recovery sys- tems, and capable of loading multiple cargoes.
Delivery of the barges will begin in April 1995, with the remaining nine vessels following in three- week intervals.
GEC Alsthom Wins $6.5 Million
Minehunter Engine Supply Order
GEC Alsthom Paxman Diesels won a $6.5 million order to supply Valenta engines for the
Sandown class single role minehunters to be built by Vosper Thornycroft (U.K.) Ltd., for the
U.K. Royal Navy. The new order calls for a pair of 6RPA200EM Paxman Valentas as propulsion units for each of the seven new vessels built.
For more information on Paxman Diesels
Circle 52 on Reader Service Card
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December, 1994 Circle 274 on Reader Service Card 55