Page 16: of Maritime Reporter Magazine (January 1998)

Halla To Apply For

Receivership

The Halla Group — Korea's 12th- largest industrial conglomerate — said its three core units planned to apply for special court protection against creditors due to financial troubles.

A company report also said that unlisted Halla Engineering and

Heavy Industry Co. (HEHI) had already applied for court receiver- ship.

New Tank Survey System

Launched

Bureau Veritas (BV) has launched HITS, a system which is designed to improve inspection and certification of ISO tank con- tainers.

HITS (Help for In-service/Initial

Tank Survey) links tank surveyors with BVs central Info-tank data- base via hand-held computer. It schedules inspections and provides the surveyor with records of tanks and inspections needed. It provides an automated format for four basic inspections, the results of which are automatically error-checked as the surveyor enters them on-site.

Survey data is then downloaded to the central database by modem or

LAN. "HITS enables us to capture tank inspection data more quickly and accurately, and integrate it with our central database easily so that the right certificates can be issued," said Michel Hennem and, head of the transport depart- ment in Bureau Veritas' industrial division. "The system has proven itself in trials in North America, where it has cut paperwork and delivered certificates more quickly to clients."

HITS was developed for BV by

New Jersey-based CTB. It is in use in the U.S. and will be introduced globally during 1998.

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Planet 1 Service Available

For Maritime

Comsat Mobile Communications announced the availability of

Planet 1 service for the maritime community. Planet 1, COMSAT's brand of Inmarsat Mini-M service, is designed to deliver reliable voice, fax, and data to boats of any size.

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McCoy To Step Down

Hugh McCoy, managing direc- tor of Horace Clarkson Pic, will retire in February, a year earlier than planned. Mr. McCoy, who was also chairman of H. Clarkson & Co., is set to become the chair- man of the Baltic Stock Exchange in June.

Gary Weston, a director of

Horace Clarkson Pic and deputy chairman of H. Clarkson &

Company Ltd. is planned to suc- ceed Mr. McCoy as chairman of H.

Clarkson & Company.

KOTC Earns ISM

Certification

The Kuwait Oil Tanker Company (KOTC) has received new interna- tional safety documentation which will be required by oil tankers to enter major ports from July 1998.

KOTC has a fleet of more than three million dwt, comprising 21 tankers and six gas carriers. It also has two tankers under con- struction. .. • - '

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