Page 65: of Maritime Reporter Magazine (March 1995)
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Extreme Machine, Based On New "Cyclocat" Design are encouraged that our shipyard modernization plan, supported by our own Title XI financing, has immediately shown the benefit of the more efficient ship construction process which will be utilized on this program."
Avondale Industries, Inc., headquartered in metro New Orleans, is one of the nation's leading marine fabricators.
In addition to its shipbuilding operations, the company specializes in boat construction and is a major repair contractor for commercial and
Navy ships. It is also involved in the modular construction of plants and components for a variety of land-based industries.
For more information on Avondale
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USA Catamarans, Inc. of Fort Lauderdale,
Fla., has developed a new foil-assisted planing catamaran. The new design, the Cyclocat, em- ploys a fixed main foil between the symmetric round bottom demi-hulls. This combination is designed to produce an exceptionally smooth ride in choppy seas.
The 52.5-ft. (16-m) Extreme Machine was de- signed to be the ultimate snorkel/dive boat in every detail, including the high visibility pilot- house with the sun visor and open aft end for communication with the passengers.
The main engines are Caterpillar 3116s rated at 350 hp at 2,800 rpm. Propulsion is through fixed surface drives designed by USA Catama- rans turning France Helices four-blade surface propellers. Full load speed of the 49-passenger catamaran is 25 knots.
For more information on USA Catamarans
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Avtfndale Industries Announces $143 Million Contract With AHL
Avondale Industries, Inc. announced the ex- ecution of a $143,865,000 construction contract with American Heavy Lift Shipping Company (AHL) for the construction of four U.S. flag product carriers that will comply with the double hull requirements of the Oil Pollution Act of 1990 (OPA 90).
The contract was made possible when AHL's application for a U.S. Government guarantee under Title XI of the Merchant Marine Act of 1936 was approved today by the Department of
Transportation, Maritime Administration (MarAd).
The guarantee will be in the amount of $ 139.4 million and will be used as the basis for AHL's financing of the project which will have a total value of approximately $160 million.
The contract will become effective upon final- izing the financing commitment by AHL. Con- struction is scheduled to commence in mid 1995 and is scheduled for completion by the middle of 1997. Construction of the vessels is anticipated to require employment of 950 Avondale employ- ees at peak production. The MarAd Title XI loan guarantee program was essential to the contract between Avondale and AHL.
In addition, Avondale's shipyard moderniza- tion program which was announced on Novem- ber 3,1994 was also facilitated by a MarAd Title
XI guarantee. This modernization plan enabled the shipyard to provide a competitive price for the AHL project.
The vessels will be the first U.S. flag product carriers constructed in the United States in eight years and will provide environmentally safe oil transportation.
Albert L. Bossier, Jr., chairman and CEO, stated, "We are pleased to be part of this first
OPA 90 domestic product carrier program and
Oriana Begins Fitting-Out At Meyer
Werft
On Jan. 7, the 67,000-gt cruise vessel Oriana left the covered building dock of the Meyer Werft yard in Papenburg, Germany after extensive engine trials. The vessel was towed out to the fitting-out quay, where it will be further fitted out and then taken from Papenburg to Emden.
Delivery is scheduled for the end of this month.
The owner of the vessel is P & O Cruises,
London. With a length overall of 853 ft. (260 m) and a breadth of 105.6 ft. (32.2 m), the Oriana has a capacity of 1,975 passengers in 914 cabins.
The engine output of 65,000 hp will provide the vessel with a service speed of 24 knots.
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