Page 14: of Maritime Reporter Magazine (January 1999)

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MARINE FINANCE

Trawler Newbuilding Contract For

Danish Company

A newbuilding contract for a 226 ft. (69 m) long shrimp trawler has been assigned to 0rskov Christensens Staalskibsvaerft

A/S, Frederikshavn, Denmark. The con- tract is assigned by the Shipowner Polar

Seafood Trawl of Nuuk, Greenland, and the vessel is set for delivery in February 2000.

Blount Signs Contract For Chicago

Sightseeing Vessel

Shoreline Marine Co. of Chicago has signed a contract with Blount Industries to design and construct a 65 ft. sightseeing vessel. This new vessel will be used to give cruises on the Chicago River. The 233-pas- senger vessel will be powered by a six cylin- der Detroit Diesel soft-mounted with vibra- tion dampeners. It will be equipped with two 14.4 kW Isuzu generators. The con- tract price is listed at under $1 million. It is scheduled for delivery via the Erie Canal in mid May 1999.

Tribe To Build Fifth Ferry

The Mashantucket Pequot Tribal Nation has reached an agreement with a

Bahamian company for the construction and purchase of a high-speed ferry, the fifth to be built by the tribe's Pequot River

Shipworks. The new, 115 ft. vessel will be sold to Bahamas Fast Ferries Service Ltd. of Nassau, Bahamas. The company intends to use the 177-passenger,

Bahamas-class ferry in service between the ports of Nassau and Harbour Island, which is part of the Bahamian island of

Eleuthera.

Halter, JCM Sign Contract

John Crane Marine, part of TI Group, has won a new contract to supply U.S. ship- builders Halter Marine. John Crane will supply seals for use in all of Halter's ships unless the owner specifies otherwise. This is John Crane Marine's first partnership with a U.S. shipyard.

CSL Wins Clamp-On Contract

Cochin Shipyard Ltd. (CSL) of India, has won a contract for Clamp-On structures to be used in Bombay High South and Heera

Fields project. The structures enable drilling of an additional three oil wells per platform.

The project involves a pre-engineering survey of 12 platforms with the help of divers and diving support vessels for required data for design; design of the structures; fabrication; transportation to offshore; installation; post installation sur- vey as well as commissioning and trials.

Gunderson To Build New Design Barge For

Signet Maritime

Gunderson Inc., a subsidiary of the Greenbrier

Companies, has announced an order for a high-capac- ity deck cargo barge for Signet Maritime of Houston,

Tex. Financing for the barge is being provided by

Bombardier Capital, an international supplier of financial services. Gunderson will build the vessel at its Portland, Ore. facility with delivery scheduled for

June 1999. The ocean-going barge will be 300 ft. by 100 ft. by 20 ft., will have a high load capacity of 4,000 lbs. per square foot of deck area, and a Signet designed parabolic bow and corrugated bulkheads for strength and ease of cleaning. Signet will operate the barge carrying heavy loads of machinery and other supplies to drilling platforms in the Gulf of Mexico and for project cargoes to Central and South America.

Circle 29 on Reader Service Card

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The Mark V series shipboard ovens come equipped with six programmable keys for custom programming using the "Intellihold" cooking management system featuring "cook and hold" which allows the user to cook at a low temperature until the product is approxi- mately two-thirds done. Meat can be held up to 16 hours prior to serving without loss of tenderness or moisture.

These ovens come single or double stacked and either standard depth or extra deep. Delivery is stock - 3 weeks. They are available to the federal government under the following programs:

CVC contract # SP0441-95-D-4044 or

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Please call for national stock number informa- tion as well as exact model number information.

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TEL- 803-787-6200 • FAX- 803-787-3286 14 Circle 280 on Reader Service Card Maritime Reporter/Engineering News

Maritime Reporter

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