Page 6: of Maritime Reporter Magazine (June 2002)

News »Contractors • Manufacturers • Engineers • Quality Interiors • Turnkey Deck Houses & Crew Modules • Steel Fabrication and Erection * * II Jfr^iiriTlSlitj;! S? 'Wj

JAMESTOWN :^h - nass

Contractors • Manufacturers • Engineers

Jamestown Metal Marine Sales, Inc. 4710 N.W. 2nd Avenue, Suite 400, Boca Raton, Florida 33431

Ph: (561) 994-3900 • Fax: (561) 994-3969 www.jamestownmetal.com • Plumbing Fixtures • Sheathing • Stairs & Railings • Handrails • Trims & Moldings • Curtains & Fabrics • Stateroom Furniture

Circle 264 on Reader Service Card or visit www.maritimereporterinfo.com

The F77 Satellite System For Your Fleet • High-speed (64K) voice, fax, data and

Internet while at sea. • Video-conferencing capability. • 24/7 Data link with MPDS. Pay ONLY for data transferred. • Network your vessel to your home office.

The new Fleet77 technology will offer versatility through design with the ability to stay online, always at the ready, to send or receive valuable information. Pay only for the amount of data transferred.

Additionally, you have the same reliable, high quality voice communications, Internet access @64K and video conferencing you're used to, in a smaller more cost effective system.

LandSea Systems, Inc.

Satellite Communications 1.866.SATCOMS www.LandSeaSystems.com

LandSea Systems celebrates 10 years as Thrane & Thrane's

Authorized Distributor for their entire product line. 1992-2002 6 Circle 269 on Reader Service Card or visit www.maritimereporterinfo.com

Bollinger To Acquire Halter Marine

Bollinger Shipyards, Inc., Lockport, La., signed a con- tract, pursuant to approval of the U.S. Bankruptcy Court, to acquire the assets and operations of Halter Marine from

Friede Goldman Halter, Inc.

If approved, Bollinger contemplates acquiring substan- tially all of Halter's operating assets, properties, extensive design library and construction projects in progress, including the following Shipyards: Halter-Pascagoula;

Halter-Moss Point; Moss Point Marine; Halter-Port

Bienville; Halter-Central; Gulfport-East, and Halter-Three

Rivers-all in Mississippi and Halter-Lockport, in

Louisiana. Donald "Boysie" Bollinger, chairman and

CEO of Bollinger said, "We are very excited about this pending acquisition as it will expand our capacity and capabilities in new construction, establish our visibility and presence in new foreign and domestic markets and compliment our extensive inventory of designs. Best of all, we will retain substantially all of Halter's dedicated employees thereby gaining hundreds of highly talented and skilled designers and shipbuilders whose excellent reputation is known around the world. We look forward to welcoming them to the Bollinger family." "Our goal," said

Bollinger, "is to make the transition for our new employ- ees and customers as seamless as possible.

The transition went very smoothly when we acquired

Halter's repair division in August 2000, and we will do it again." Jack Stone, president and CEO of Friede Goldman said, "The sale of Halter Marine to Bollinger Shipyards is a major step in providing a return to the creditors. The con- tinued loyalty of the employees and customers has made this possible."

This acquisition will add eight new construction ship- yards to Bollinger's three new construction and eleven repair and conversion shipyards for a total of 22 facilities with 43 drydocks strategically located from Pascagoula,

MS to Houston, TX. Family-owned and operated since 1946, Bollinger is the foremost provider of marine repair and conversion services and a leading provider of new construction services to the energy, commercial and gov- ernment marine markets specializing in a wide variety of small to medium-sized offshore and inland vessels.

Bidding War Comes to an End

The heated bidding war for what was left of American

Classic Voyages' Delta Queen Steamboats abruptly came to an end at the beginning of May with Delaware North

Companies sealing the deal for the vessel pair.

As originally reported in the May 2002 issue of MR/EN, (see Delta Queen Makes A Comeback, page 3), Chicago- based Waveland Investments and New Orleans-based Uni- world had submitted bids for the two steamships - Delta

Queen and Mississippi Queen - the two remaining ships of the line, which declared bankruptcy this past October.

Waveland submitted its $3.75-million bid, with inten- tions to take over the vessels following their auction on

May 3.

Delaware North, however had other plans.

The Buffalo, N.Y.-based company, which specializes in hospitality, retail and food service, acquired successfully all the assets and business of the Delta Queen Steamboat

Co. — including the two above-mentioned steamboats — as well as the American Queen.

The company plans to assume ownership of the brand, following federal regulatory approval within the next month.

According to Delaware North, the company plans to keep the steamboats' base of operations in New Orleans, along with its reservation and sales center. In addition, the company plans to interview and retain the majority of the operation's employees.

Maritime Reporter & Engineering News