Page 29: of Maritime Reporter Magazine (October 1999)

while Robichaux served as human resources manager before assuming his current position.

Urethane And Maritime

International Complete Project

Urethane Products Corporation (UPC) and Maritime International finished a fendering project for the Alaska Rail- road Corporation in Seward, Alaska.

Comprised of manufacturing and delivery of a Heavy Service Fender sys- tem for the Railroad's Cargo Dock

Facility, specifically seven pieces of 3 ft. diameter x 12 ft. long Marine Guard

Foam-Filled Marine Fenders. The prod- uct, which was constructed with heat laminated foam cores and a continuous- ly wound filament tire cord reinforced non-marking gray urethane skin, also included 14 pieces of 48 in. O.D. x 24 in. I.D. x 48 in. long cylindrical rubber fenders.

Circle 34 on Reader Service Card

Keppel Hitachi Zosen To Buy

Selected Businesses

Keppel Hitachi Zosen Limited (KHZ) has agreed to purchase the shiprepair/shipbuilding and related busi- nesses of Keppel Marine Industries

Limited (KMI) for $167 million in cash.

Total net assets include $69 million, resulting in a gain of $4 million for

KMI. KHZ will acquire all of KMI's investments in Keppel Singmarine

Dockyard Pte, Eagle Engineering Com- pany (100 percent), Keppel Philippines

Marine (11.6 percent) and Penguin Boat

International (16.5 percent). Resulting from this acquisition, KHZ group will offer a full range of shiprepair, conver- sion and shipbuilding facilities.

Circle 35 on Reader Service Card

Tidewater Elects President

Tidewater Barge Lines, headquartered in Vancouver, Wash., has appointed

Stephen A. Frasher as president and

COO. Frasher, who holds an MBA from

New York University, has 27 years of experience in the transportation indus- try, including time with Burlington

Northern and Conrail.

Investment Firm To Create

Focus Group

One of the nation's largest private equity investment companies will form a group focused specifically on invest- ing and managing companies in need of management change or turnaround.

The new entity, Carlyle Management

Group (CMG), is an affiliate of D.C.- based, The Carlyle Group. B. Edward

Ewing, who is known for his record of turnaround management, currently serves as CEO of a Carlyle Company,

U.S. Marine Repair (USMR). The

October, 1999 31

PROVEN

INDUSTRY

LEADER

Winch Products

BRADEN

Gearmatic senior management team of this venture will include: Raymond A. Whiteman and Dev Kapadia, employees of the

Carlyle Group; Ted Beneski, a former senior partner of Bain & Company; and

Daniel Ajamian, senior VP for finance and CFO of USMR.

Strategically investing in ailing com- panies with strong market positions,

Carlyle will be headquartered in Dallas.

Ten out of ten boot specialists recommend a salt-free diet

Ask a boat manufacturer, a repair yard, a mechanic and the opinion is unanimous. Eliminate salt spray from the engine room and you'll improve performance and safety, while you reduce downtime and maintenance.

A Munters Marine Salt Spray Eliminator protects your hull, your electronics and nurses your bottom line. Talk to your boat specialist or call Munters, today. (v) Munters 108 Sixth Street, Southeast • Fort Myers, Florida 33907 1-800-446-6868 • Fax: 941-278-1316

Circle 280 on Reader Service Card

ALL THE OPTIONS

Line Pulls up to 50,000 lbs

Wide Range

Motors - Ratios - Drum Sizes

Compact Component Design

Reliable, Smooth Operation

MGC4R WINCH DIVISIONS 918-251-8511 • FAX 918-259-1575 www.paccar.com/winch

QUALITY PRODUCTS

OVER 75 YEARS

Circle 215 on Reader Service Card

Puget Sound Rope introduces the 12 x 12, our newest braided hawser. Because if is composed of 12 strands of Plasma™12-Strand rope, this patented construction makes the 12 x 12 the first truly repairable braided rope.

And that saves you not only time, but money.

Plasma™ 12 x 12 has been proven to be 50% stronger than conventional Spectra® fiber rope, yet is 20% lower in cost.

Customers around the world depend upon our expertise in rope performance and safety.

PSR can help in your particular application of synthetic rope. Contact your distributor or PSR today for specific information about how we can help you. tel: 360-293-8488 email: [email protected] mmm^M Spectra^is a registered trademark of AlliedSignal Inc.