Page 98: of Maritime Reporter Magazine (September 1996)

NORWEGIAN MARITIME REVIEW profits for the balance of the year, although below last year's results.

Also, company executives were reportedly upbeat for the long- term, and indicated that the com- pany's potential will become strong financial results in the future.

On the other hand, Unitor Group reported pre-tax profits of NOK 56 million, compared with NOK 30 million for the same period in 1995. This result included a gain from the sale of the Industry &

Offshore division. While the com- pany noted a growth in the demand for maintenance products which also took place throughout 1995, it also found that consump- tion per ship is stagnating, as growth is mainly tied to the increase in the number of ships

Now Cummins Marine has an even bigger fleet of engines that deliver both strong endurance teamed with strong performance.

Check out these ratings:

ENGINE CONTINUOUS MEDIUM CONTINUOUS

MODEL BHP (KW) RPM BHP (KW) RPM

KTA38-M0 750 (559) t J 1600 850 (634) t i 1800

KTA38-M1 900 (671) e i 1600 1100 (821) t i 1800 1000 (746) « 8 1800

KTA38-M2 1200 (895) t i 1800 1300 (970)4 S 1800 1050 (783) i !> 1600

KTA50-M2 1400 (1044) 1 i 1600 1700 (1268) t i 1800 1600 (1194) 4 $ 1800 1800 (1343) i i 1900

To keep your engine delivering top performance,

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Technicians and Certified Application

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Internet: http://www.cummins.com/marine/marinehm.html

CUMMINS MARINE

Charleston.SC, U.S.A. Phone:803-745-1585 Fax:803-745-1549

CUMMINS AMERICAS, INC.

Miramar, Florida, U.S.A. Phone:305-431-5511 Fax:305-433-5797

CUMMINS ENGINE COMPANY, LTD. Daventry, Northants, England Phone: 44-1327-76000 Fax: 44-1327-79412

Circle 247 on Reader Service Card

CUMMINS DIESEL SALES CORR.

Singapore Phone: 65-265-0155 Fax: 65-264-0664

CUMMINS DIESEL AUSTRALIA

Scoresby, Victoria, Australia Phone:61-3-9765-3222 Fax:61-3-9764-0034

CUMMINS KOREA LTD. Seoul, South Korea Phone:82-2-3452-4313 Fax:82-2-3452-4113

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The Rexroth Corporation • Industrial Hydraulics Division 2315 City Line Road • Bethlehem, PA 18017-2131 • Tel: (610) 694-8300 • Fax: (610) 694-8467 opening in the international mer- chant fleet. Factors indicating a stronger year include a strength- ening U.S. dollar and an increas- ing demand for seaborne transport in major segments.

Hitec was another Norwegian company reporting strong 1995 results. The Hitec Group achieved its most profitable year in history, boasting an income before taxes of

NOK 56.1, as compared to NOK 17.4 in 1994, representing an increase of 223 percent. The

Group also continued is growth in total revenues, with an increase in operating revenues of 134 percent.

Hitec is a technology group provid- ing systems for automation and "Shoemaker, stick to your sole!"

If is this Norwegian saying which indicates how Ulstein Forsynings- tjeneste AS (UFAS) intends to ser- vice and maintain its traditional markets — offshore, cruise liners and fishing fleets — as it seeks to expand into new markets, accord- ing to Capt. Arnt Skinnes, sales manager. Founded in 1978, UFAS is a major manufacturer of rescue, patrol and pilot craft. In all, the company has a reference list including more than 445 craft, ranging in size from 18 to 65 ft. (5.5 to 20 m). Major customers are in the offshore industry, where the company's Seabear 23 is synony- mous with the Man Overboard

Boat (MOB). The Alusafe 600 and 700 series fill the same role or cruise liners, and UFAS count:

Royal Caribbean Cruises Ltd. a: one of its best customers. UFAS wide product range fits most cus tomers' needs, but the company wil entertain tailor-made projects

Recent orders include a contrac from Schlumberger Geco-Prkla i

Houston for a newly develope

UFAS boat for shallow water sei: mic survey. Other significant cor tracts include those with th

Swedish and Norwegian navies.

For more information

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