Page 7: of Maritime Reporter Magazine (September 2001)

Hyundai Mipo Gets Chem

Carrier Contract

Hyundai Mipo Dockyard won a $60 million order to build two chemical car- riers — bringing the company's orders to build and repair vessels so far this year amounting to $980 million.

Enterprise Ships Arrested

As shipping companies continue to suffer with the sagging world economy, bondholders who financed the Greek- controlled shipping company Enterpris- es Shipholding last month had arrested a second of the company's container- ships to force repayment of a $175 mil- lion junk bond on which it defaulted in

June. The company has a fleet of 17 refrigerated ships, 15 of which are laid up. It also has five container vessels, two of which are laid up and two of which are under arrest. The Canmar Supreme has been held in the port of Fos, France since August 24. Enterprises defaulted on the bond's $7.76 million semi-annual interest coupon in July.

Transas Gets BV Type Approval

Bureau Veritas (BV) issued a type approval certificate for the Navi-Sailor 2400 ECDIS from Transas Marine. The certification procedures resulted in the full acceptance of the similar type approval, which was given to the

Transas ECDIS in October 1999. Navi-

Sailor 2400 ECDIS is capable of dis- playing S-57 official charts published by national Hydrographic Offices,

ARCS by UKHO, TX-97 charts in the

Transas proprietary format and several other electronic chart databases.

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ThyssenKrupp Selling

Shipping Unit

ThyssenKrupp AG will reportedly gain more than $350 million from the sale of its Krupp Seeschiffahrt shipping unit. The unit, which has annual turnover of about $200 million, will be sold to General Ore Intl., which is a

U.S. based company.

Wartsila Wins Enviro Award

DNV granted Wartsila's Finnish com- panies, Wartsila Finland Oy and Wart- sila Technology Oy, ISO 14001 envi- ronmental certification in recognition of the functionality of Wartsila's environ- mental management system. Wartsila's

ISO 14001 environmental management system covers all the company's opera- tions: sales, manufacturing, R&D and service. In May 2001 Wartsila and its partner Carnival Corp. received an award for the best environmental contri- bution within the cruise and ferry indus- try.

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Vessels Join LauritzenCool

The eight Polar vessels managed by

Hamburg Sud will join the Lauritzen-

Cool fleet in December and January, including: Polar Argentina, Polar

Brasil, Polar Chile, Polar Colombia,

Polar Ecuador and Polar Uruguay, which were all built in 1992-93 and operate at a speed of 21 knots. Each also offers 529,369 cu. ft.; and 47 FEU on deck. Also joining the fleet are

Polarstern and Polarlicht, both built in 1998 and offering 564,280 cu. ft. and 104 FEU on deck. These two also oper- ate at 21 knots. LauritzenCool sprang out of the amalgamation of the two leading reefer operators Lauritzen

Reefers and Cool Carriers, well known for their widespread global activities and strong customer orientation.

Out here in the real world you are put to the test every day. Mastery of the skills required to do your job right is a constantly moving target.

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THE TARGET MOVES: The new Millennium class tankers will be equipped with the most technologically sophisticated and advanced bridge systems in the world.

MITAGS/PMI's SOLUTION: MITAGS/PMI and Polar Tankers team up to develop an integrated bridge resourse management (BRM) training program for deck officers serving on the

Millennium class tankers. This unique and comprehensive program will provide instruction using the Raytheon Integrated Bridge System and Custom Kamewa-Anschutz steering system found on MITAGS/PMI's new STN Atlas 5000 full mission 360° bridge simulator.

Only by working with MITAGS/PMI to arrive at an integrated training solution can

Polar Tankers give their deck officers the most realistic and effective training available.

MITAGS/PMI: maritime training for the real world.

Maritime Institute of Technology & Graduate Studies (MITAGS)

Pacific Northwest Maritime Institute (PMI)

Call 443-989-3235 e-mail:[email protected] 5700 Hammonds Ferry Road

Linthicum Heights, Maryland 21090 www.mitags.org

Call 206-441-2880 email: [email protected] 2333 Third Avenue

Seattle, WA 98121-1711 www.stcw95.com

BPfl MITAGS is certified as a Maritime Education & Training Center

S3 by Det Norske Veritas

MITAGS the leader in STCW-95 training offers 29 USCG approved courses including:

Electronic Navigation • Bridge Resource Management & Shiphandling • Medical Person in Charge • Basic Safety Training • Basic & Advanced Firefighting • Tankerman

Person in Charge (PIC) • Crowd and Crisis Management • Heavy Weather Avoidance • Computer Operations • Global Maritime Distress & Safety Systems

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September, 2001 7