Page 3: of Maritime Reporter Magazine (January 6, 1995)

Wartsila Wins Gas-Diesel

Engine Contracts

In two recent projects, Wartsila

Diesel has received orders for a total of 12 gas-diesel engines. Four

Wartsila 16V32GD engines will power a Floating Production Stor- age and Offloading (FPSO) unit be- ing built by Far East Levingston

Shipbuilding in Singapore for

Smedvig AS in Norway. The second project involves the conversion of a

Russian submarine repair vessel by

Golar-Nor/McDermott for the first phase of BP's Foinaven plan in the

North Sea.

For more information on Wartsila

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Port Of Portland Advisor:

Find Operator Or Sell PSY

The Port of Portland has been advised by the investment firm of

Kidder, Peabody & Company either to sell Portland Ship Yard (PSY), or at least find a global operator for the entire facility, so that the port may "focus on its transportation mission."

The executive summary of the re- port said that since finding a buyer under present market conditions may be difficult, the port should contract with a single operator with a global reach to operate the entire facility.

The recommendation came in a study the port hired the firm to complete. The study and its find- ings were presented to the Port of

Portland Commission by the firm at a public meeting on Dec. 22, 1994.

It was stated in the study that the selection of an owner or operator for

PSY who could attract business from foreign vessels as well as keeping the business base of U.S.-flag ves- sels was a key element in the suc- cess of the yard. It was also stated that repairing cruise ships could be one possible focus for the yard.

ABS Earns ISO 9001

Certification

The American Bureau of Ship- ping (ABS) has attained ISO 9001 (1994) quality system certification.

The certification is a single, global certificate covering 154 offices around the world, covering all ABS support functions. In addition, two

ABS affiliates, ABS Marine Services and ABS Quality Evaluations, Inc. also attained ISO 9001 certification for their operations.

For more information on ABS

Circle 170 on Reader Service Card

Bazan To Build New Ferry

Empresa Nacional Bazan and

Compania Buquebus signed a con- tract for the construction of a new 413-ft. (126-m) fast ferry, built en- tirely of aluminum, which will oper- ate on the River Plata, between Ar- gentina and Uruguay. Delivery is scheduled for October 1996. The

Alhambra, the name under which the new vessel is to be built, will be driven by six Caterpillar engines and five waterjets.

Iversen To Oversee Silversea

Cruises' U.S. Operations

Silversea Cruises Ltd. has ap- pointed Bob Iversen as managing director, overseeing the company's

U.S. operations. John Bland, the current president, will retire.

AWO Takes Lead In Safety

The Board of Directors of the

American Waterway Operators (AWO) voted unanimously to estab- lish the AWO Responsible Carrier

Program — a comprehensive safety program for barge and towing com- panies. A significant new initia- tive the Responsible Carrier Pro- gram is the fruit of the labor of a specially constituted task force of senior barge and towing industry executives, which dedicated more than eight months to formulating the final plan. The program in- cludes three principal parts: man- agement/administration; equip- ment/inspection; and human factors.

AWO's board of directors set Janu- ary 1,1998 as the target date for full member compliance with the Re- sponsible Carrier Program.

When you discuss _your financing with SAFECO Credit, you talk about_your needs with just one representative. One who wants to build a lasting relationship with^you and your company. SAFECO is committed to providing individualized customer service, flexible, tailor-made loans and leases and the highest level of credit expertise. We process ^your requests in a timely fashion because timing can make or break a deal. It's all part of our idea of service, from people with expertise in the business. Contact one of our regional representatives to discuss ^your short-term goals and long-term aspirations.

Seattle 1 - 8 O O - 2 4 1 - 7 4 7 6

SAFECO

Credit

What's rig///"'

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January, 1995 5