Page 19: of Maritime Reporter Magazine (November 1997)

MARINE FINANCE

Jotun Valspur Acquires

International Zinc Coatings

Assets

Certain assets of International

Zinc Coatings and Chemicals Corp. have recently been acquired by

Jotun Valspar Marine Coatings.

The acquisition brings to Jotun

Valspar's current technologies the

WB-14 Weld, Pre-construction

Primer and WB-2 and WB-5 Duro-

Seal.

In addition, International Zinc

Coatings brings innovative tech- nologies and customers who are involved in new construction of ships, barges and workboats to

Jotun Valspar.

For more information on Jotun Valspur

Circle 82 on Reader Service Card

HAM Marine Awarded

Conversion Contract

HAM Marine Inc. has been awarded a contract to convert a deck barge to a power generating unit for EPIC Energy Amazon Co., a subsidiary of Houston-based El

Paso Engergy International.

The conversion project will include designing structural foun- dations, performing engineering design work, implementing a fire protection system and installing the power equipment which will be provided by El Paso Energy.

The barge was expected to arrive at the shipyard Oct. 23, with com- pletion scheduled for December.

Upon completion, El Paso Energy has plans to tow the barge to

Brazil where it will provide power for Manaus, the capital of the state of Amazonas, as part of the

Manaus Power Project.

For more information on HAM Marine

Circle 83 on Reader Service Card

Paxman Wins Engine Order

GEC Alsthom Paxman Diesels has won a contract to supply four 12VP185 engines for two Tricat, 164 ft. (50 m) catamarans to be built by FBM Aboitiz Marine Inc. for Philippine high speed ferry operator Universal Aboitiz Inc.

The Paxman high speed engines are rated at 2,180 kWb at 1,835 rpm. The first set of engines will be delivered in December. These new vessels, to be built in Cebu,

Philippines, will replace the exist- ing fleet which will be re-assigned to other routes as the new vessels arrive.

The Tricats will have a cruising speed of 40 knots carrying a maxi- mum of 404 passengers and will reportedly be the largest passen- ger-carrying catamarans operating in Asia.

For more information on Paxman Diesels

Circle 72 on Reader Service Card

Tirrenia Lines Selects GE

Gas Turbines

GE Marine & Industrial Engines (M&I) announced that FiatAvio has ordered four LM2500 gas tur- bines for the company's third and fourth MDV 3000 fast ferries, being built by Fincantieri for

Tirrenia Lines. FiatAvio will place the LM2500s into propulsion pack- ages.

Similar to the first two MDV 3000s, the third and fourth fast ferries will feature a CODAG con- figuration each with four MTU diesel engines and two LM2500

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