Page 13: of Maritime Reporter Magazine (June 1996)

Ugland & Totem Merge Ship

Management Operations

Ugland International Holdings pic (UIH), a shipowner and opera- tor with related ship management and repair activities, announced that UIH and its ship management partner, the U.S.-based Totem

Resources Corporation (TRC), have formed a single ship manage- ment group under Interocean

Management Ltd. and the entire 18-vessel fleet associated with the

Andreas Ugland family.

The new structure supersedes the strategic alliance established 12 months ago between UIH and

TRC, a Seattle-based liner opera- tor and owner of some of the largest tug and barge groups in the

U.S.

Interocean Ugland Management

Corporation will remain jointly owned by UIH and TRC, with a wholly-owned subsidiary formed called Interocean Ugland

Management A/S in Grimstad,

Norway, headed up by Admiral

J.W. "Bill" Kime, previously head of the U.S. Coast Guard. Admiral

Kime also continues as executive chairman of the enlarged ship management group.

The newly enlarged group will manage a fleet of at least 43 ves- sels including 18 tankers, 12 car carriers and RoRo vessels, and eight vessels for the U.S. Maritime

Administration.

Kvaerner To Deliver Second

Of Four LNG Carriers

The second of four Liquefied

Natural Gas (LNG) carriers for

Abu Dhabi National Oil Company (ADNOC), United Arab Emirates, was named Mraweh at Kvaerner

Masa Yards' Turku New Shipyard,

Turku, Finland on April 27, 1996.

The naming ceremony, which was attended by some 200 guests, was hosted by Martin Saarikangas, president and CEO of Kvaerner

Masa-Yards, Inc. Present at the ceremony were ambassadorial and executive figures from the coun- tries and companies involved — including officials from Tokyo

Electric Power Company, which receives LNG deliveries from

Mraweh's older sister, Mubaraz.

The 135,000-cu.-m. Mraweh, one of the largest LNG carriers in the world, was scheduled to be deliv- ered to her owners shortly after the naming ceremony, to be fol- lowed by two sisterships in 1997.

The order for the four carriers was placed in April 1993.

The first of the series, Mubaraz, was delivered in January, and has since been engaged in transporting

LNG from Abu Dhabi Gas

Liquefaction Company to Tokyo

Electric Power Company in Japan, under the operation of the

National Gas Shipping Company.

The LNG cargo container system is based on the Kvaerner Moss- type spherical aluminum tank design.

Differing from other 135,000-cu.- m. vessels built, the Kvaerner

LNG carriers have only four spher- ical aluminum cargo tanks, which

Kvaerner believes simplifies cargo systems and operations.

For more information on Kvaerner

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Newbuild Barge For Moran

Begun At Trinity Yard

Moran Towing Corporation announced that a 247-ton inner bottom module for its newest dry bulk barge had been placed on the building ways at the Moss Point

Marine shipyard in Moss Point,

Miss., a yard of the Trinity Marine

Group. According to David A.

Beardsley, vice president, Con- struction and Repair at Moran

Services Corporation, the new barge will be a sister to barges

Somerset, built in 1990, and

Bridgeport, built in 1986. The new barge, whose principal dimensions are 418.5 ft. (126.6 m) in length overall, with a 75-ft. (22.8-m) beam and 29-ft. (8.8-m) depth, will have a cargo capacity of 14,672 short

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June, 1996 15