Page 15: of Maritime Reporter Magazine (September 1995)

NKK Corp. Launches

Icebreaking Patrol Ship

Japanese shipbuilding interest NKK Corp., a corporation well-versed in ice-resistant engineering expertise, has supplied a 500-gt icebreaking patrol ship for Japan's Maritime Safety Agency (origi- nally reported in MR/EAfs August 1995 edition).

The icebreaker, dubbed Teshio, is 160.7 ft. long (49 m) and 33.4 ft. (10.2 m) wide, and has the capacity to break ice more than 75 cm thick while in charging mode.

NKK has also recently constructed two icebreaking leisure vessels designed for tourist excursions off the northeastern coast of Hokkaido.

NKK Corp. is an engineering and shipbuilding enterprise, as well as

Japan's second largest steelmaker.

For more information on NKK Corp.

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Cascade General Wins Portland Ship Yard Bid

The Star Princess will return to the Alaskan cruise circuit after a successful repair project by Cascade General at Portland Ship Yard. She is shown here just before her return to service.

At a meeting on August 9, the

Port of Portland Commission ap- proved a lease and series of transac- tions under which Cascade Gen- eral, Inc., will operate and manage the Portland Ship Yard (PSY).

Commencement of the lease is scheduled to begin in January 1996, following a transition period during which Cascade will submit operat- ing plans for Port approval which address various PSY functions.

Under the agreement, Cascade will lease PSY for an initial five-year term. Extension options include two additional five-year terms, plus a 15-year option. This sole contrac- tor agreement with Cascade repre- sents the culmination of the Port's efforts to restructure the yard, which began in 1993.

For more information on

Cascade General

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FAX: 1-206-443-8519

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Seattle, WA 98121 (206) 443-8100 1-800-248-8632

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Griffin Expands

Contalnership Fleet

South African-based Griffin

Shipping Holdings has expanded its fleet to 15 ships with the pur- chase of two 1,000 TEU containerships from Unicorn

Lines. The vessels Bastion and

Maersk Santos, built in 1993 and 1994, respectively, were pur- chased by Griffin for approxi- mately $40 million. Both vessels were constructed in Szczecin, Po- land, to the B183 standard de- sign, and have a service speed of 16.5 knots. The Bastion has a six-month charter with Korean operator Dongnama, and the

Maersk Santos has a fifteen month charter with Maersk. The ships will be transferred to the

Hong Kong register and man- aged by the company's Asian di- vision.

Griffin Shipping Holdings owns a mixed fleet of dry cargo vessels, including mid-size containerships and handysize bulk carriers, which are man- aged from its Hong Kong offices.

All of the company's ships are employed on charters in South

Africa, Asia, and Europe. 17