Page 62: of Maritime Reporter Magazine (October 2000)

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Atlantic Marine Keeps

Docks Working

Atlantic Dry Dock Corp., the repair and conversion arm of Atlantic Holding Co. in Jacksonville, Fla., recently expanded its capabilities with the addition of a 16,000 ton (16,526 metric ton) floating dry dock this summer. The company has been busy of late, including

RISE SYSTEM for Cables SEALING PLUGS for Pipes the late-summer back-to-back dry-docking for the cable layer Wave Venture, the containership Aurora, the dredge Columbia and the jack-up barge Karlissa B.

In addition, the company's 1,300-ton marine railway schedule was equally packed, with the drydocking on the tugs Zeetijer, Samand, Apollo, Cecrops and Chin- dit. The company's 4,000 ton marine railway is cur- rently undergoing extensive maintenance and refit, but it is expected to be back on-line this month.

Atlantic's repair activities were rounded out with a host of topside work, taking advantage of the company's 4,000 ft. of full-service bulkhead and pier space. Among the jobs were the con- verted OSV to Ferry, Seabulk Minnesota; the

RoRo Crowley Senator; dredge Sugar Island; tug

Sea Tern; barge Hugh; and dredge GL-54.

In addition, the organization has strengthened its international presence by appointing the fol- lowing agencies: M.I.E. Services, Ltd., Cyprus;

Marindustry Worldwide, Northeast Region, U.S.; and James L. Taylor & Associates, Gulf Region,

U.S. In addition, it is actively seeking represen- tation in Greece, Turkey, Bahamas, South Ameri- ca and West Coast, U.S.

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Moody Equipment Opens

Seattle Facility

J.A. Moody Equipment Specialists has established a new stocking facility in Seattle, Wash, to better serve its west coast market. The technologically-driven facility houses the company's full line of butterfly, bail, check, globe, gate and the new rotary gates, as well as electric hydraulic and pneumatic actuators. The company also touts oil/water separators, accumulators and surge sup- pressors. With manufacturers such as Apollo, Atwood & Morrill and Grinnell, all of Moody's marine industry distributed products are in compliance with Military

Specs, USCG ABS and MSS Standards.

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H&W Gets Its $31M From Global Marine

The management and Board of Harland and Wolff breathed a collective sigh of relief upon learning that the arbitration case against Global Marine was decided in its favor, mandating that GLM owes the yard more than $31 million. In the weeks leading up to the deci- sion, management was questioning the future viability of the yard in the case of a negative ruling on its behalf.

Receipt of these monies will enable a restructuring of the company to take place with the support of the parent company, Fred.

Olsen Energy ASA. The restructuring will provide an opportunity to estab- lish a profitable, viable and sustainable offshore and shipbuilding industry in Belfast, although, as previously advised, this will necessitate a signifi- cant reduction in the num- ber of employees.

In this connection, the company will complete a business plan demonstrat- ing the viability of contin- uing shipbuilding and engineering on Queen's'

Island along with the development of Titanic

Quarter under the terms of an agreement with the

Belfast Harbor Commis- sioners. The formalization of that agreement is a nec- essary part of the restruc- turing to provide Harland and Wolff with the basis to continue shipbuilding.

Commenting on the rul- ing of the Tribunal, Bryn- julv Mugaas, H&W

Chief Executive said: "Since first tendering the Glomar Jack Ryan for delivery on July 24, we have maintained that the yard's scope was complete in accordance with the contract and have been confident of a positive outcome to this arbitra- tion. Today's 60 Maritime Reporter/Engineering News

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