Page 21: of Maritime Reporter Magazine (October 1997)

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-«1Mj!M installation of a top drive and enhanced mud system and an increase in the rig's water depth capability. The

Falcon 100, which has been stacked at

Sabine Pass, Texas is expected to arrive at the shipyard in September, with completion scheduled for the end of the first quarter 1998. Falcon has a contract with Brazilian state oil com- pany Petrobras for use of the semi upon completion.

For more information on HAM Marine

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Recent Ship Sales

This report, compiled by Shipping Intelligence, Inc.; a

New York maritime consulting firm, tracks sale prices of secondhand bulk carriers and tankers. For more informa- tion, call (212) 997-0966. •

Date Vessel Vessel DWT Year Sale

Reported Name Type BuHt Prke (M) 8/15/97 Sea Friends Bulker 23,286 90 $11.5 8/1/97 Rosemoy Bulker 26,868 78 $4.5 8/8/97 Ocean Wisdom Bulker 27,154 73 $1.4 8/15/97 HuaTu Bulker 31,217 84 $8.5 8/8/97 Sea Coral Bulker 37,724 84 $10.1 8/1/97 Midas Bulker 38,313 84 $9.9 8/8/97 Western Express Bulker 38,888 86 $12.5 8/1/97 New Crystal Bulker 39,333 84 $11.2 8/8/97 Sun Master Bulker 42,001 92 $18.5 8/29/97 Ocean Trader Bulker 42,053 84 $9.4 8/1/97 Soarer Bellona Bulker 43,609 85 $12.4 8/1/97 African Express Bulker 45,877 85 $12.5 8/22/97 U Xin Bulker 54,540 80 $3 8/8/97 Lei Zhou Hai Bulker 64,170 82 $10 8/29/97 Madonna Lily Bulker 64,747 82 $10.6 8/8/97 Nand Anant Bulker 64,978 74 $2.6 8/1/97 Glory Cape Bulker 68,634 87 $16.5 8/1/97 Turtle Queen Bulker 146,019 87 $20.4 8/15/97 Seakoh Bulker 172,428 85 $20.8 8/15/97 Eloisa Tanker 6,863 78 $2.2 8/15/97 Ptolemais Tanker 11,724 83 $9.8 8/15/97 Rathkyle Tanker 14,037 81 $6.8 8/8/97 Mar Patricia Tanker 23,296 82 $7.3 8/29/97 Mbrdfost Tanker 29,900 87 $18.5 8/22/97 Lady Ina Tanker 31,502 75 $6 8/1/97 Lady Helene Tanker 33,952 74 $3.5 8/22/97 Ten-ei Maru Tanker 63,133 81 $9.1 8/29/97 Sanko Phoenix Tanker 96,088 89 $30.5 8/15/97 Unisina Tanker 110,461 94 $42 8/22/97 Landsort Tanker 141,844 91 $41.7 8/22/97 Pacific Tower Tanker 245,653 88 $42.6

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Marine Finance Ne

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October, 1997 23

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Maritime Reporter

First published in 1881 Maritime Reporter is the world's largest audited circulation publication serving the global maritime industry.