Page 13: of Maritime Reporter Magazine (September 1997)

iMiMW advanced workstations is a corner- stone in the modernization and evolution of military combat sys- tems.

Our receipt of this award demon- strates the U.S. Navy's confidence in the Lockheed Martin-DRS

Technologies team," said DRS

Chairman Mark S. Newman.

Navy Selects Wang For

Lucent-Led IT Contract

Wang Government Services has been selected by the U.S. Navy as part of the Lucent Technologies team which will provide technical services for the Voice, Video and

Data (ViViD) contract valued at $2.9 billion over 10 years.

Wang services will include pro- viding integrated network man- agement services; integrated voice, video and data network design and implementation; and multi-vendor maintenance.

Global Ocean Carriers

Expands Fleet

Global Ocean Carriers Ltd. has taken delivery of two Panamax bulk carriers and two feeder con- tainer vessels which were pur- chased for $55.4 million, and fund- ed from the proceeds of Global's $126 million issue of 10-year unse- cured notes. Global reports that it has no secured debt outstanding on its existing 12-ship fleet. "The prompt acquisition of the four vessels means that the new debt capital raised through the note issue has been immediately put to work. The four vessels are on a mixture of spot and period employment and are currently contributing $46,500 per day in gross revenues," said President

Nikolas Tsakos.

Newport News Shipbuilding

Announces IT Advancement

MVSI, Inc. subsidiary Socrates

Computer Systems Inc. has entered into an agreement with

Newport News Shipbuilding (NNS) for a computer service cen- ter dedicated solely to the support of the yard and its 18,000 employ- ees.

The center will be operational by

September and will deliver the hardware and software products

September, 1997 and related computer services required to support the yard's com- puterized work processes.

NNS Chief Information Officer

Steve Hogan commented: "The

Service Center is a process improvement that will eliminate non-productive delay for most user requirements. NNS' computer needs will be satisfied in hours rather than weeks."

GE Capital Services

Consolidates Assets

GE Capital Services has announced the strategic consolida- tion of TIP Intermodal Services and Genstar Container Corp.'s domestic container assets. The new group will be called TIP

Intermodal Services and will report to TIP headquarters in

Devon, Pa.

More than 18,000 intermodal containers and 10,000 chassis from

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