Page 15: of Maritime Reporter Magazine (August 1997)
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Stewart & Stevenson To
Supply Second CMI Towboat
Stewart & Stevenson, Inc. announced a follow-on order to supply CMI Corp. of Jackson,
Miss., with a new towboat. The 112 x 32-ft. (34.1 x 9.7-m) vessel is being built by Halter Marine and will be used for commercial service in Asuncion, Paraguay. The un- named vessel has a slighty higher hp than sistership Asunceno, and features two General Motors EMD 8-6-F7 diesel engines providing 3,400 hp.
CMI has also ordered 10 barges, for which Stewart & Stevenson de las Americas in Asuncino will pro- vide deck fittings and hatches.
For more information on
Stewart & Stevenson
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TDI-Halter Awarded
Conversion Contract
TDI-Halter, Inc. has signed a contract with Diamond Offshore
Drilling, Inc. of Houston for the conversion of the Levingston III slot drilling unit Ocean Warwick to a cantilevered drilling unit. The work will be done at the company's
North Yard in Port Arthur, Texas, and completion is expected in eight months.
For more information on
TDI-Halter, Inc.
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Halter To Acquire Bludworth
Bond Shipyard
Halter Marine Group, Inc. of
Gulfport, Miss., signed an agree- ment to acquire the stock of
Bludworth Bond Shipyard, Inc., which owns and operates two ship- yards in Texas. The two ship- yards, which combined produce estimated annual revenues of $25 million, specialize in drydock and dockside repair and conversion of boats and barges, and will become the eighteenth and nineteenth shipyards of Halter. Terms of the deal were not disclosed and closing of the purchase is subject to vari- ous approvals. "This acquisition is an ideal fit for Halter because Bludworth
Bond has a large, loyal and similar customer base to ours. Expanding
Halter's presence in the repair and conversion business is one of our strategic goals, and this acquisi- um Advertisement
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Daedong Announces
Mutiple Contracts
In collaboration with Samsung
Corp, Daedong Shipbuilding Co.,
Ltd. of Korea secured an order for three 45,000-dwt, oil/chemtankers from clients of Monte Carlo-based ship management agency Cogema.
The vessels will be built at the yard's Chinhae facility, are sched- uled for delivery in the first half of 1999, and are the first orders secured by Daedong following the takeover of the yard by the Soosan
Group earlier this year.
In addition, Suisse Atlantique signed with the yard for two, 72,700-dwt Panamax bulk carriers for delivery next June and in early 1999.
For more information on Daedong
Shipbuilding
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August, 1997 Circle 272 on Reader Service Card 15