Page 22: of Maritime Reporter Magazine (October 1997)
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L.F. GAUBERT & CO. INC.
More Than 45 Years Of Dependable Service!
P.O. BOX 50500 • NEW ORLEANS, LA • 70150
Phone: (504)822-7272 Fax: (504)821-9309 1 -800-831-7534 Call Us For Your FREE Newsletter
DISTRIBUTE & MANUFACTURE ELECTRICAL SHIPBOARD CABLES
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Is Philadelphia Yard ...
BACK IN BUSINESS?
Pennsylvania Legislature Approves $180 M Shipyard Plan
Pennsylvania's House and
Senate approved more than $180 million of funds to help revitalize the Philadelphia Naval Shipyard.
The money is the proverbial car- rot to convince Kvaerner A/S to make Philadelphia its U.S. head- quarters. The measure now moves to Pennsylvania Gov. Tom Ridge, who has recently lobbied for its passage. The shipyard provisions were included in an overall $3 bil- lion, multi-year capital spending plan.
State aid for the naval yard reportedly would be combined with several other sources as part of the plan to reopen the Philadelphia shipyard.
The Philadelphia Inquirer reported that the plan envisions about $300 million from Kvaerner, $180 million from the state, $50 million from the federal govern- ment, $60 million from the
Delaware River Port Authority and $50 million from Philadelphia.
However, Kvaerner authorities denied that it had plans to invest in the yard. While company repre- sentatives admitted that they have recently visited the old shipyard, they maintain there are currently no concrete plans to invest.
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MARINE GEARS, INC
P.O. BOX 689 . Greenville. MS 38702-0689 • TEL 601-332-8716 • FAX 601-335-4322
MARINE GEARS INTERNATIONAL. INC. 2600 Concord • Belle Chasse, Louisiana 70037
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Ship Owners and Managers!
DON'T RISK: Unscheduled Dry Docking!
Contract Delays! Fines and Penalties!
MARINE MANUFACTURING, INC. 201 S.W. 33rd St. • Ft. Laud. • FL 33315 • Ph: 954463-2707 • Fax: 954-525-0239
Visit our Website: www.spursmarine.com E-mail: [email protected]
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WORLDWIDE
SPiJftS'
SPURS Line & Net Cutter Systems- cut with each propeller rotation before entanglement! Protect aft oil seals from line & net intru- sion. Damaged seals necessitate pumping oil into sea to prevent water from entering the bearings.
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FLEETS 22