Page 11: of Maritime Reporter Magazine (February 1998)

MARINE FINANCE

YVC Ysselwerf Receives PSV

Contract

Simon Mokster Rederi A/S has placed a contract with YVC

Ysselwerf for two multi-purpose field supply & pipe carriers (PSV).

The two PSVs will be built accord- ing to the Marin Teknikk MT 6000 design.

The first vessel will be delivered in February 1999 and will enter immediately in a contract with

Statoil. The second vessel will be delivered in July 1999

The first vessel will be built in close cooperation with Wilton

Fijenoord, Schiedam, and Verolme

Heusden while Ysselwerf's slipway is occupied by a super freeze stern trawler. The second vessel will be built completely at YVC Ysselwerf.

Aker Maritime Wins $90.2M Deal

Aker Finnyards won a $90.2 mil- lion order for two RoRo vessels from Finnish Rettig's shipping arm

Bore. The 54.9-ft. (16.7-m) ships will have two 18,900-kW/hr diesel engines.

Transocean Wins Unocal

Contract

Transocean Offshore Inc. has been contracted by Union Oil Co. of

California (Unocal) to build an ultra-deepwater drillship for a period of five years plus an option for an additional five years. The new Discoverer Enterprise-class drillship may be equipped to drill in water depths up to 10,000 ft. and would work initially in the

Gulf of Mexico. The drillship will be constructed at an estimated cost of $318 million, including capital- ized interest and other non-hard- ware costs.

GEC-Marconi Signs Brunei

Ship Contract

Britain's General Electric Co. Pic recently signed a contract with

Brunei for the supply of three off- shore naval patrol vessels. GEC's defense arm GEC-Marconi was selected in October 1996 to supply the three ships as well as propul- sion, weapon systems, spares and training, which was expected to provide a wide range of British

February, 1998 firms with work as subcontractors.

Britain's Defense Secretary

George Robertson said in a statement the confirmation of the order was "extremely good news" for the British defense industry in general and GEC's Yarrow ship- yard in Glasgow, in particular.

Croatian Shipyard Wins $9M Norwegian Deal

Croatian shipyard Viktor Lenac won a $9 million order from

Norway's Farstad Shipping ASA to refit its supply vessel Lochnagar as a pipe-laying ship.

The ship is scheduled to be refit- ted by May 31, 1998, and the

Rijeka-based shipyard is currently in talks with the Norwegian com- pany for equipping it with pipe- laying equipment worth an addi- tional $4 million. n THORDON BEARINGS ARE AVAILABLE

THROUGH THESE

TH0RD0N

DISTRIBUTORS

Electro-Watt Utility Services, Inc. 51 Brightwood Circle

Danville, CALIFORNIA 94506-1913

Telephone: (510) 770-1653 Fax: (510) 770-1647

Pacific Marine & Industrial 18129 Chretien Court

San Diego, CALIFORNIA 92128-1264

Telephone: (619) 674-1214 Fax: (619) 674-1216

Coppedge Marine Inc. 4972 River Point Road, P.O. Box 5636

Jacksonville, FLORIDA 32207

Telephone: (904) 398-9586 Fax: (904) 398-0373

Marine Industries Corp. 601 East Riverside Drive

Clarksville, INDIANA 47130

Telephone: (800) 733-3130 Fax: (812) 283-9628

Johnson Packings &

Industrial Products, Inc.

One Industrial Way, Unit 9

Portland, MAINE 04103

Telephone: (207) 797-9212 Fax: (207) 797-9158

Johnson Packings &

Industrial Products, Inc.

P.O. Box 545, East Longmeadow

MASSACHUSETTS 01028

Telephone: (413) 525-5555 Fax: (413) 525-5520

Mechanical Supply Inc. 617 Ludington Street

Escanaba, MICHIGAN 49829

Telephone: (906) 789-0355 Fax: (906) 789-0359

American Ship Repair Co. Inc. 1011 38th Street

Brooklyn, NEW YORK 11219

Telephone: (718) 435-5570 Fax: (718) 871-9050

Avalon Marine Ltd. 44 Coventry Lane

Dartmouth, NOVA SCOTIA B2V2K2

Telephone: (902) 456-1381 Fax: (902) 462-1004

Bates Unlimited & Associates, Inc. 1544 Sawdust Road, Suite 602

The Woodlands, TEXAS 77380

Telephone: (281) 367-4312 Fax: (281) 367-4326

Seal-Pro Technology Group 7205 Birchett Drive

Prince George, VIRGINIA 23875

Telephone/Fax: (804) 452-4809

Pacific Marine Equipment Inc. 3425 16th Avenue West

Seattle, WASHINGTON 98119

Telephone: (206) 281-9841 Fax: (206) 281-9843

Thordon Offices: 1550 Skyway Drive, Suite 110

Bakersfield, CALIFORNIA 93308

Telephone: (805) 399-7161 Fax: (805) 399-7189 601 Cien Street, Suite 130D

Kemah, TEXAS 77565

Telephone: (281) 334-6118 Fax: (281) 538-1924

For International Distributors - Contact

Thordon Bearings Inc. 3225 Mainway

Burlington, ONTARIO L7M 1A6

Telephone: (905) 335-1440 Fax: (905) 335-4033

For a map of distributors visit our website at: www.thordonbearings.com nr? FINALLY, A RUDDER BEARING

GUARANTEED TO LAST ** "

Thordon SXL equipped APL container ship

President Truman.

In the shipping business, reliability is so important that every supplier promotes the trouble-free service their product can deliver.

But there's a big difference between competitive promises and the hard facts supporting THORDON SXL rudder bearings' reputation for durability; and we back our real world experiences with a no nonsense extended product guarantee, an industry first! • In new build applications, THORDON SXL Rudder Bearings will meet Class Society wear specifications for 10 years or

THORDON will supply a new bearing free. * • In repair applications, THORDON SXL Rudder Bearings will meet Class Society wear specifications for twice the life of the replaced bearing or THORDON will supply a new bearing free. *

Along with this exclusive guarantee, SXL users can eliminate the expense and pollution potential of traditional greasing systems, while ensuring smooth, low friction operation.

And, all THORDON bearings are manufactured to the ISO 9002 Quality System - the world's most exacting standard.

Share our confidence in SXL for your next rudder bearing installation. Please call, fax or write today. • Guarantee is limited to the supply of a replacement bearing and is subject ISO 9002; ^^ to technical approval of the application design by THORDON Bearings Inc. Rotation #93649

L m

Thordon Bearings Inc., 3225 Mainway, Burlington, Ontario L7M 1A6

Telephone (905) 335-1440 Fax (905) 335-4033 J

Circle 293 on Reader Service Card 11