Page 16: of Maritime Reporter Magazine (November 1997)

MARINE FINANCE

According to Thordon, A. P. Moller engineers specified SXLs for this bearing application. Designed to handle loads up to 550 tons, the 13.1-ft. (4-m) diameter stern rollers installed on the 4,300 dwt

Maersk Battler were equipped with 6.4 ft. (1.9 m) diameter Thordon

SXL axial bearings, the largest diameter tubular bearings pro- 16 duced to date by Thordon Bearings

Inc.

For more information on Thordon

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Fairbanks Morse Captures

LPD-17 Contract

The Fairbanks Morse Engine

Division of Coltec Industries has received an order valued in excess of $12 million with options valued in excess of $138 million for engines related to the U.S. Navy's

LPD-17 program. The firm order is for four Colt-Pielstick PC2.5 diesel engines, each capable of generat- ing 10,400 hp, that will propel the first ship in the LPD-17 fleet.

The four engines are scheduled for delivery to Avondale Shipyards in 1999. The engines will be built at the Fairbanks Morse facility in

Beloit, Wis. The options include propulsion engines for 11 more ships that could be built through the year 2006 as well as two spare engines.

For more information on Fairbanks

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Friede Goldman Signs

Memorandum To Acquire

Shipyard

Friede Goldman International

Inc. (FGII) has signed a

Memorandum of Understanding with the government of the

Province of Newfoundland to pur- chase its Marystown Shipyard in

St. John's for an undisclosed amount. The transaction is expect- ed to be completed in the fourth quarter 1997.

Marystown Shipyard Ltd., one of the largest fabricators in

Newfoundland, operates

Marystown Shipyard Facility and

Cow Head Fabrication Facility.

The new shipyard gives FGII the capability to build two complete semisubmersible offshore vessels simultaneously as well as North

Sea-type supply boats at the Cow

Head Fabrication Facility.

FGII, through its subsidiary

Friede & Goldman, Ltd., has reportedly designed 30 percent of the world's semisubmersible ves- sels operating worldwide.

For more information on Friede Goldman

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MarAd Spurs American

Shipbuilding

Secunda Atlantic Lands $17.1

Million Loan Guarantee

U.S. Secretary of Transportation

Rodney Slater has announced the approval by the Maritime

Administration (MarAd) of a $17.1 million loan guarantee to Secunda

Atlantic, Inc. to finance the con- struction of an anchor handling tug supply vessel. Secunda, a sub- sidiary of Secunda Marine

International, is the first

Canadian company to participate in the ship financing loan guaran- tee program. The vessel, which will be registered in Canada, is being constructed by Halter

Marine Group, Inc. and will meet the requirements of the Canadian

Coast Guard and Det Norske

Maritime Reporter/Engineering News

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The on-deck cargo loading display is designed for use by shipboard personnel on board tank ships and barges to view the complete loading operation in one glance. It is built for the harshest environ- ments of temperature, water, salt, and vibration.

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BBLS/Tons/GAL or metric. • Individual tanks time-to-full or empty in

HR/Minutes. • Individual tank temperatures. • Header pressure. • Individual pump status ON/OFF. • Two alarm set points for ullage, temperatures and pressures. s

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