Page 48: of Maritime Reporter Magazine (December 1998)

HUGE 2-DAY

ABSOLUTE AUCTION GREAT SHIPS OF 1998 newbuild to entirely encapsulate the innovative double-acting operating principle developed by

Kvaerner Masa-Yards, employed for some years to good effect in a pair of modified, Arctic-going products tankers. Central to the arrangements is the adoption of the revolutionary Azipod diesel- electric propulsion system.

Constructed at the Helsinki premises of Kvaerner Masa-

Yards, and symbolizing the pro- duction versatility of a builder currently occupied with luxury cruise ship construction,

Arcticaborg and her consort have recently been delivered to

Wagenborg Kazakhstan, a new affiliate of the Dutch dry cargo and short-sea trade specialist

Wagenborg Shipping.

The project has been under- written by employment guaran- tees, in the shape of long-term charter agreements with

Offshore Kazakhstan

International Operating

Company (OKIOC).

Partners in the OKIOC con- sortium include Shell, (Continued on page 62)

OVER 1500 LOTS by Order of U.S. Bankruptcy Court

Complete Liquidation of

Dreadnought Marine, Inc.

January 20th & 21st, 1999 * 10:00 AM 3200 Princess Anne Rd, Norfolk, Virginia

MACI has been commissioned to sell the assets of Dreadnought Marine, Inc at ABSOLUTE

AUCTION. Dreadnought employed over 400 employees performing ship repairs and metal fabrication for its clients. This presents an excellent opportunity to purchase machine shop, sheet metal, welding, gas free, and marine equipment. Don't miss this auction!

Highlights Include: (21 CNC Vertical Machining Centers: '95 Fadal VMC40/20, '93 Fadal

VMC 15 CNC Horizontal Machining Center: Takisawa TS-20 CNC Tueming Center:

Nakamura-Tome Slant-1 Plus: 12 Engine Lathes, 5 Vertical Mills, 2 Horizontal Mills, Vertical

Turret Lathe, Gear Cutter, Mag. Drills, 4 Grinders, 3 Sanders, Keysetter, 9 Jib & Bridge

Cranes, 3 Hyd. Presses, Forklifts, 2 Generators, Paint Booth, Hyd. Pullers, Machine

Accessories, 6 Flame Spray Units, 40 Welders/Plasma Cutters, SandBlast Equipment, Radial

Drill, Ironworkers, Plate Rolls, 3 Shears, 200-Ton Press Brake, Finger/Bending Brakes, 10 Air

Compressors, Gas-Free Equipment, 100's of Hand & Power Tools, Torches, Pipe Equip. &

Supplies, Office Equipment, Computer Equipment, 20+ Sea-Vans, 5'xl0' Fenders, 1000's Feet

Hose, & Much More 10% Buyer's Premium Applies to all Purchases

Call for Color Brochure & Complete Terms

All Equipment Sold As-Is, Where-Is $200 Refundable Cash Deposit or Bank Letter of Guarantee Required to Register

MACI Auctioneers Int'l 804-355-2100 * 804-359-6954 Fax 4402 West Broad St., Richmond, VA 23230 VAAL #16

Circle 312 on Reader Service Card

Shipbuilder Kvaerner Masa-

Yards

Vessel name Arcticaborg

Vessel type Icebreaking

Owner/ operator Wagenborg

Kazakhstan BV

Taking Finnish icebreaking technology and Dutch operating know-how into the land-locked

Caspian Sea, the support vessel

Arcticaborg and sistership

Antarcticaborg have ushered-in a new era in ensuring year-round supply lines to Kazakhstan's off- shore oil industry.

The remarkable new breed of vessel has a draft of only 9.5 ft. (2.9m), as it will tend platforms located in water depths of less than 16.4 ft. (5m), and has excep- tional ice-forcing capability as well as maneuverability to ensure dependable service in the difficult conditions that can be encountered in the northern

Caspian. Arcticaborg is the first

MAIN OFFICE SALES OFFICE

Bristol, PA Chesapeake, VA (215) 788-9242 (804) 686-1370

FAX (215) 788-9244 FAX (804) 686-1376

E-Mail: [email protected]

Circle 276 on Reader Service Card

Manufacturers of

Watertight:

Doors, Hatches, Scuttles

Parts &

Components