Page 103: of Maritime Reporter Magazine (October 1998)

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ertanko Commences luttle Tanker Committee

The International Association of dependent Tanker Owners atertanko) have initiated a luttle Tanker Committee, a move hich was reportedly made at the ;quest of shuttle tanker owners, perators and end users after pre- minary meetings to discuss train- ng, regulation and incidents of huttle tanker operations.

DOCL Orders Four 5,500

TEU Containerships

Orient Overseas Container Line (OOCL) ordered four new ships for delivery in 2000. The company has ordered two of the ships at

Taiwan's China Shipbuilding Corp. and two at Samsung Heavy

Industries. The ships would join the Grand Alliance shipping sched- ules between Asia and Europe, giv- ing the consortium of lines 12 ships of roughly the same size.

Turkey Plans High-Tech VTS

Turkey plans to introduce a radar-based traffic management system for its crowded Bosphorus straits in 1999. The system, using radar stations along the length of the narrow waterway, would help captains negotiate the straits, notorious for treacherous currents and poor visibility. Turkey is reportedly evaluating a number of tenders to provide the necessary equipment for the project. Officials earlier put the cost of the system at $110 million.

Piraeus Bank To Buy Credit

Lyonnais' Ship Finance

Specialist Subsidiary

Greece's Piraeus Bank reached an agreement to buy Credit

Lyonnais Group's Greek sub- sidiary which specializes in ship- ping and corporate banking. No financial details were released con- cerning the agreement which is still subject to approval by the

French and the Greek authorities.

Peter Doukas of Capital Partners advised Credit Lyonnais for this transaction, it said.

Negros Navigation, Aboitiz

Parkview Merge Ferry Ops

Negros Navigation Company

Inc. (Nenaco) and Aboitiz

Parkview Transport Holdings Inc. agreed to merge their fast ferry operations in the Philippines.

Nenaco and Aboitiz Parkview will apparently have equal ownership in the new firm which is to operate a fleet of 12 vessels valued at 1.7 billion pesos. Nenaco is a unit of

Metro Pacific Corp., while Aboitiz

Parkview is a joint venture between the local Aboitiz

Transport Systems Inc and the

Hong Kong Parkview Group Ltd.

New Switchboard Line

Atlas Energy Systems has recently introduced its latest ver- sion of marine switchboards,

TecPOWER.

The system incorporates state- of-the-art construction and con- temporary styling, while being designed to manage all aspects of a yacht's electrical system.

Circle 40 on Reader Service Card

CENTA Corporation leaning Jry Innovation

Coupling & Shafting Systems For Every Conceivable Type Of Propulsion & On-board Machinery • Centa's product line consists of 16 product families satisfying the 50 to 22,000 BHP (40 to 120,000 Ft-Lb) range. • Centa's unique shafting products operate in the 10 to 18,500 BHP (7 to 88,400 Ft-Lb) range where mission requirements demand ultra-quiet, zero maintenance torque transmission. Shafting material is of aluminum, precision extruded steel and carbon fiber composite. • Centa's line of centrifugally activated clutches answer power requirements up to 800 BHP (1800 Ft-Lb) range. • Centa combines couplings, shafts, and/or clutches to create custom, integrated power transmission systems complete from driving to driven machinery.

Call, fax or check box number on the enclosed response card. 8185 Cass Avenue (630) 769-5167 -5169 fax

Darien, II 60561 [email protected]

Circle 226 on Reader Service Card

YOUCANT Please consider my AT&T chart request. Company

Address

City

Zip

Phone

Vessel Name

Type of Business

What you can't see could be bad for your business. And for ours. There may be new submarine cables in the area where you are working. AT&T would like you to have free cable charts showing where they are located. And take the mystery out of avoiding them.

MR • 12200 Cape May to Cape Hatteras

D 12300 Approaches to New York • 12318 Little Egg Inlet to Hereford Inlet • 12323 Sea Girt to Little Egg Inlet

Q 12353 Shinnecock Light to Fire Island Light

O 13205 Block Island Sound and Approaches • 13218 Martha's Vineyard to Block Island • 400 The West Indies

O 18007 San Francisco to Cape Flattery

D 18020 San Diego to Cape Mendocino n 18480 Approaches to Straits of Juan de Fuca • 18580 Cape Blanco to Yaquina Head • 18620 Point Arena to Trinidad Head

O 18640 San Francisco to Point Arena • 18700 Point Conception to Point Sur • 19004 Hawaiian Islands • 26320 Florida and the Bahama Islands • 11460 Cape Canaveral to Key West

Mail coupon to: AT&T Submarine Cable Protection 340 Mt. Kemble Ave., Room S200 Morristown, NJ 07960, USA

Or call us toll-free: , 1-800-235-CHARTS —

Chart requests subject to • ^SS availability and are considered ^553^7 on a case-by-case basis. ^mm^m/r

October, 1998 101

Maritime Reporter

First published in 1881 Maritime Reporter is the world's largest audited circulation publication serving the global maritime industry.