Page 13: of Maritime Reporter Magazine (December 1998)

MARINE FINANCE

Austal Ships Wins New

Caledonia Contract v __ x I l^"

Western Australian shipbuilder

Austal Ships has won a contract to build a 171 ft. (52 m) high speed passenger catamaran for operation in New Caledonia. The vessel is being purchased by the Loyalty

Islands of New Caledonia and will be operated on routes from

Noumea to these easterly islands by Compagnie Maritime des lies (CMI). Designed to carry 366 pas- sengers and ten cargo crates, the aluminum catamaran will be pow- ered by four MTU 12V 4000 M70 series engines to deliver a fully loaded speed of 34 knots. The ves- sel, scheduled for delivery in Sep- tember 1999, will be classified by

Bureau Veritas.

Cory Towage Upgrades

Mersey Fleet

Cory Towage has purchased a 48 ton bollard pull stern drive tug from Japan, Senho Maru. It was built in 1992 and is currently being dry-docked in Yokohama for modifications before making the voyage to the U.K. Renamed Ash- garth, the 3,600 bhp azimuthing

FiFi tug is expected to arrive in

Liverpool in December. Modifica- tions include the fitting of bul- warks, changes to the accommoda- tion to meet MCA requirements and the addition of a sea towing winch on the main deck. Cory

Towage is also upgrading its 50 ton bollard pull tug Oakgarth with a 315 hp bowthruster providing five to eight tons sideways thrust and complementing the existing azimuthing stern drive propulsion system.

KCS Wins Major Korean

Contract

Hanjin Heavy Industries has chosen the Tribon 4 shipbuilding system from Kockums Computer

Systems (KCS) for design and pro- duction of ships at its Youngdo

Shipyard in Pusan, Korea. The shipbuilding company has pur- chased the Initial Design, Initial

Structural Design, Hull, Work

Preparation, Production Data

December, 1998

Interface, Vitesse and the complete

Outfitting applications of Tribon 4.

Diamond Offshore Contracts

Awarded

The Red Fox Companies of New

Iberia, a subsidiary of

TransCoastal Marine Services,

Inc. has won two contracts from

Diamond Offshore Drilling, Inc.

The first project includes modifica- tions to its semi-submersible drilling rig Ocean Ambassador.

The vessel will be docked at the

Michoud yard in New Orleans for piping repairs and modifications requiring both ABS and U.S. Coast

Guard inspections. The second is for prefabrication of four transition zone column sponsons for the

Ocean America. Sponsons will be prefabricated at the France Road

Yard.

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