Page 14: of Maritime Reporter Magazine (September 1997)

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Genstar's fleet will be added to

TIP's fleet of 6,000 intermodal trailers. "The consolidation of assets cre- ates an opportunity for GE Capital

Services to take an expanded role in the intermodal market, which is expected to grow by more than seven percent in 1997," said Nigel

D.T. Andrews, executive vice president, GE Capital Services.

Navy Names GRC As Prime

Contractor For BPA

GRC International is the prime contractor for a BPA awarded by the East Coast division of the

Naval Command, Control and

Ocean Surveillance Center. The agreement covers services for sys- tems engineering and other sup- port for the design, analysis, devel- opment, testing, installation, docu- mentation and support for various systems.

The team of companies involved includes: Allied Signal Technical

Services Corp.; Argon Engineering

Associates; Lockheed Martin;

Lucent Technologies; and

Raytheon E-Systems.

Mitsui Wins FPSO Contracts

Modec Inc., a subsidiary of

Mitsui Engineering &

Shipbuilding Co. Ltd., won three contracts reportedly worth a total of 35 billion yen to build FPSOs for BHP Petroleum Pty. Ltd.,

Petroleos Mexicanos and

Marathon Petroleum Gabon LDC.

Boatracs Wins 16-Vessel

Equipment Contract

San Diego-based Boatracs has signed a contract with L&M Bo-

TYuc of Golden Meadows, La., to supply 16 vessels with satellite- based marine communications and tracking systems.

L&M is a marine transportation company based in Golden

Meadows, La., that serves U.S. inland waterways.

Vosper Wins Coveted

Bahamian Vessel Contract

The Royal Bahamas Defense

Force has selected Vosper

International's Europatrol 375 design for its new Bahamas class of offshore patrol vessls. The 200 x 29-ft. (61 x 8.9-m) vessel class will be constructed under license by the Halter Marine Group at its

Moss Point Marine facility in

Mississippi.

Canadian Pacific To Acquire

Containership Holding

Canadian Pacific Ltd. will acquire Contship Containerlines, the container shipping business of

Contship Holdings NV. Terms have not been disclosed.

Canadian Pacific reportedly said the deal would include Contship's brand name, services, worldwide organization, container fleet and 19 chartered-in container vessels.

This represents the company's third major shipping acquisition in recent years, including its deal to buy Lykes Lines.

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