Page 7: of Maritime Reporter Magazine (October 2001)

John Deere Offers New 300 HP Engine

John Deere Power Systems has added a new engine rating to its current line of marine engine products — the Pow- erTech6068SFM. The engine has an M5 rating with 300 hp (224 kW) at 2,600 rpm and is specially suited for rescue boats, pilot boats and other light-duty applications. This new heat exchanger cooled engine will incorporate a seawa- ter aftercooler, electronically controlled fuel system, cruise-by-wire control, diagnostic messaging and self-protec- tion.

The high-torque 6068SFM achieves constant power at a rated speed from 2,600 rpm down to 2,300 rpm; the lower rpm reduces vibration and noise, pro- vides exceptional control and maneu- verability and enables the engine to turn larger propellers more efficiently.

Equipped with rugged components, the 6068SFM boasts a heavy-duty crank- shaft, larger bearings and stronger con- necting rods than competitive marine engines in this class. The engine's heat exchanger, expansion tank and exhaust manifold are integrated into one compo- nent, eliminating hoses and fittings that can leak or break.

Featuring a full-authority electronic engine control unit and electronically controlled fuel injection pump, the Pow- erTech 6.8L provides exceptional fuel economy and throttle response, and pro- tection by self-diagnosis. It offers upgraded application flexibility includ- ing either-side service for twin propul- sion applications, poly-vee belt drives for increased capacity with reduced maintenance and a belt-guard to accom- modate front-driven PTO-adapted units.

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Northrop Grumman To Supply

Platform Management System

Northrop Grumman Corporation has won a $15 million contract to supply six ship sets of machinery control and mon- itoring systems for the U.K.'s Type 45 "D" Class destroyer for the Royal Navy.

The contract, awarded by BAE SYS-

TEMS Electronics, the Type 45 prime contractor, calls for Northrop Grumman to develop and deliver six platform man- agement systems (PMS) for the Type 45 ships. The contract also includes options for life-cycle support, including maintenance, repair, spares manage- ment, equipment upgrades and training.

The PMS is a commercial-off-the- shelf (COTS) system that provides machinery control and surveillance for the ships' main engines, auxiliaries and other systems, as well as damage sur- veillance and control functions.

The primary function of the PMS is to enable shipboard personnel to access vital information on the status of plat- form systems and to safely control them from a common interface.

The open architecture design of the

PMS allows critical information to be gathered from the combat system as well as the integrated communications system and display it on the PMS work- stations.

Pegasus Shipping Completes

High Yield Bond Restructuring

Pegasus Shipping (Hellas) Ltd. has completed the restructuring of its $150 million 11.8 percent First Preferred Ship

Mortgage Notes with its Bond Holders.

Under final terms, the company bought back its bonds from Bond Holders at $0.50 for each bond and retains — full equity control of the fleet. The total value of the transaction is $75 million.

The completed restructuring repre- sents almost two years of negotiations between the company, its advisors

American Marine Advisors and Chanin

Capital Partners and the company's two major Bond Holders Lehman Brothers and MacKay Shields.

BRINGING TWO TOGETHER

CAN MAKE A DIFFERENCE

Xantic is a new company formed by the merger between

Station 12 and SpecTec - a match that is perfectly balanced.

Because by combining the knowledge and expertise of the two companies, Xantic will deliver smart new solutions and synergies, while offering you a genuine one-stop solution for all mobile satellite communications, maritime ICT, and satellite broadband communications. These services represent the highest quality of satellite services currently available, and Xantic will also be offering you all the exciting ICT developments that lie ahead.

Xantic is a truly global company, with 29 offices and agents all over the world and 2i»/7 customer services helpdesks. To find out more about how to benefit from a reliable partnership with

Xantic, please contact Customer Services: [email protected].

Or visit our website: www.xantic.net. xantic

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October, 2001 44C