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merits. The decrease in contract drilling revenues was due primarily to lower dayrates and utilization for the compa- ny's North Sea and deepwater rigs, and lower utilization for its West Africa jackups and land rigs, partially offset by improved utilization and dayrates for the U.S. Gulf of Mexico jackups.

Resurgence Signs Deal with Northrop Grumman

Resurgence Software. Inc. signed an agreement to provide its Wave

Equipment Optimization System and related support services to Northrop

Grumman Ship Systems (NGSS). This comprehensive license agreement, with the Integrated Logistics Support group of NGSS' Full Service Operations, includes installation and use of the

Wave system by NGSS along with their subcontractors during the construction phase of U.S. Navy ships being built in the company's LPD 17 Program.

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Brostrom Ship Launched

At a ceremony on October 4 at the

Shipyard Ferus Smit in the Netherlands, another product tanker was launched and named. The vessel was given the name Bro Gratitude, the seventh in a series of eight similar 6,900/7,600 dwt double-hulled product tankers. It will be delivered later this year and join the

Brostrom fleet of product tankers serv- ing under cargo contract that Brostrom has with major oil companies.

CapRock Wins Contract

CapRock has added Subsea 7. a major operator of energy support vessels, to its customer list. The long-term multi-mil- lion dollar agreement with Subsea 7 provides for worldwide data and voice communications services on CapRock's global network. The latest win is a mile- stone in CapRock's multi-year plan to expand its presence beyond the Gulf of

Mexico. Under the terms of the agree- ment. CapRock will provide global interconnectivity via satellite for the

Subsea 7 fleet of ships, which offer con- struction. diving. ROV/survey and pipelay services to customers who oper- ate in harsh and remote environments.

Unitor, BP Marine

Dissolve Marine Alliance

Unitor ASA and BP Marine, who co- founded The Marine Alliance B.V. joint venture three years ago, have now decided to dissolve this partnership and focus individually on their respective customers' requirements. The transition will commence early October and will be completed by January 1, 2004.

The Marine Alliance was established to deliver improved customer services (order processing, sales support, techni- cal support and credit management services) to its founders.

CRANKSHAFT GRINDING

While Installed in Engine • CRANKPIN AND MAIN

JOURNAL REFURBISHING

While crankshaft is in engine • ALL TYPES OF ON-BOARD

MACHINING Cylinder boring, engine top decks, horizontal joints, couplings, journals • LINE BORING OF MAIN

BEARING POCKETS

Laser and Optical

Alignment • METALSTITCH®

Repair of cracked or broken cast iron engine blocks

IN-PLACE MACHINING COMPANY

USA: International: FAX: 800-833-3575 414-562-2000 414-265-1000 24 HOUR EMERGENCY SERVICE...day or night, 365 days a year email: [email protected] VMiSilfii www.inplacg.com

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HOW TO PREVENT A Part Attack

A single part malfunction can halt your entire operation in an instant. Part attacks like these occur when you least expect them and come at considerable expense to your business.

ILS, the world's largest e-marketplace for the marine industry, can help prevent costly part attacks. ILS offers global access to spares, equipment and information, customer contacts, advanced e-commerce and data management tools, plus all the specialized support you need. You'll find the parts and services you need-in an instant!

Don't let part attacks disable your business. ILS can help.

To see a demonstration, go to www.ILSmart.com and click on Demo under

Marine Marketplace. flSmart.com

It's About Results 1-800-233-3414 (North America) • 1-901-794-5000 (Worldwide) [email protected] • www.ILSmart.com

SENSORS

SYSTEMS

SERVICES

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November 2003

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