Page 31: of Maritime Reporter Magazine (September 1998)

ision stores are being sup- a turn-key package com- a mix of nine positive and 3 temperature stores, and ng two York condensing west Marine Signs -of-lntent ithwest Marine, Inc. (SWM) i Diego, Ca. has signed a let- -intent to acquire Norfolk building & Drydock (NOR- >CO). The Norfolk, Va. ship ir facilities would then be ;d to those SWM currently ates in San Diego, San Pedro,

San Francisco, as well as ieside in Texas. Annual rev- es will reportedly be boosted to irly $400 million, with staff inhering approximately 4,000. /M has also announced the pointment of Vice Admiral exander J. Krekich as special sistant to the CEO, B. Edward wing. vergreen Group Acquires talian Shipper

In a continuing move by the

Italian government to privatize industries and companies, word out of Italy last month indicated that the Evergreen Group has agreed terms for the acquisition of

Lloyd Triestino di Navigazione

SpA, a shipping company which is currently part of the Italian state- owned group Soc Finanziaria

Marittima Finmare SpA (Finmare).

Evergreen's acquisition of Lloyd

Triestino has been approved by the

Italian Government and the sale is expected to be finalized in

September. Evergreen will retain the name of Lloyd Triestino.

Lloyd Triestino was established in 1836 and is headquartered in the port city of Trieste. Within the

Finmare Group, it has concentrat- ed on providing shipping services between the Mediterranean/North

Europe and the Far East, Africa, the Middle East and Australia.

Including those operated in asso- ciation with Evergreen, Lloyd

Triestino markets eight container services. Its own vessel fleet con- tains seven ships, ranging from 1,555 to 2,987 TEU and with an average age of eight years.

Evergreen has signed a 60-year concession agreement with

Taranto Port Authority and will construct a two million TEU capac- ity common-user container facility.

Litton Wins Orders For

Austal Fast Ferry Newbuilds

Litton Marine Systems has secured orders from Austal Ships

Pty Ltd. to supply a complete suite of navigation, communication and control electronics for two 282 ft. (86 m) fast ferries under construc- tion at the Western Australian shipyard Austal.

FCS Gets New Orders

Derecktor Shipyards has ordered a Nelson Bilge Boy Oily Water

Separator from FCS for the ferry, currently under construction.

Circle 210 on Reader Service Card

The oily water separator meets the new U.S. Coast Guard require- ment, calling for approved 15 ppm oily water separating equipment for processing of oily bilge slops on ocean going vessels of 400 gt and above but less than 10,000 gt excluding ships carrying ballast water in their fuel tanks.

You can rely on Astilleros Espanoles.

Alt vessels delivered by Astilleros Espanoles comply with the latest safety regulations, with a 100% no-rejection record.

Dedication to safety extends to all

Astilleros Espanoles' business lines: newbuildings, conversions, repairs and offshore.

Ochandiano 14-16 28023 El Plantfo

Madrid - Spain

Tel +34 91 387 81 00

Fax +34 91 387 81 14

ASTILLEROS

ESPANOLES

September, 1998 31