Marine News, April 2006

<BODY> <div> 12 • MarineNews • April, 2006 and Luce Library is the only SUNY col- lege library, and one of only eight other leading New York and Westchester Coun- ty area libraries that received funding. The Sailors' Snug Harbor, a Staten Island- based institution for retired sailors, was founded in 1801. In 1976, Luce Library acquired the information archives of this institution. The METRO grant funded project, Digitizing the Sailors' Snug Har- bor Archival Records, involves digitizing approximately 500 pages of documents from the Sailors' Snug Harbor collection and making them available via a search- able web interface. McDermott Joins UNITECH UNITECH has named Michael J. McDermott as its chief financial officer. At UNITECH, he will be responsible for all areas of finance and administration and will report directly to Earl W. Stafford, Chairman and CEO. McDermott served in the U.S. Army, reaching the rank of second lieutenant. He received an MBA in finance and investment from George Washington University in Washington, DC, and a bachelor's degree in business administration from the University of Scranton in Pennsylvania. Boehme Promoted Motor-Services Hugo Stamp (MSHS) announced the promotion of Juergen Boehme to Vice President of Service. Boehme started with MSHS in 1991 and has served as Service Manager for the past 13 years. Under his direction, MSHS has performed major overhauls on MAN B&W, Deutz, MAK and S.E.M.T. engines, as well as, filtration services for Boll & Kirch equipment. MSHS main- tains its headquarters in Fort Lauderdale. ACL Announces Finance Results American Commercial Lines Inc. announced that it is increasing its earnings and EBITDA guidance for 2006. ACL is increasing its annual earnings guidance for 2006 from a range of $1.31-1.51 per share to a range of $1.70-1.90 per share. The Company is also increasing its annu- al EBITDA guidance for 2006 from a range of $135-145 million to a range of $155-165 million. ACL also announced that it expects earnings for the first quar- ter of 2006 to range between $0.25-0.30 per share. New Travelift Installed at Burger Continuing with the transformation of Burger Shipyard, another acquisition has been added. A brand new 500-Ton Marine Travelift has been recently installed, just in time to launch the 144 ft. (44m) Mirgab V this spring. Due to the size of the Travelift, it required 20 semi- truck loads to fully deliver the various components to the shipyard. The 2006 Marine Travelift Model 500 C Mobile Boat Hoist is, in fact, the only one in exis- tence in North America, giving Burger the capacity to lift vessels as large as 200 ft.(61m) This 500 C, designed to be upgradeable to a 600 C, is custom-built to move into construction bays for ease in rigging and maneuvering each pick direct- ly to the launch well. NEWS Smith Berger Marine, Inc. builds a full range of Shark Jaws for Anchor Handling Tug Supply vessels. Standard ratings are 100, 200, 350, 500 and 750 metric tons and all units have Quick Release at the rated load. Smith Berger flexibility allows us to customize our equipment to suit the operating characteristics of your vessel. Third party certification, load tests, release tests and load monitoring systems are available options. Rely on the 100 year history of Smith Berger to outfit your vessel with our rugged and dependable equipment. SMITH BERGER MARINE, INC. OFFERS A COMPLETE LINE OF SHARK JAWS • TOWING PINS • STERN ROLLERS Smith Berger Marine, Inc. 7915 10th Ave., S., Seattle, WA 98108 USA Tel. 206.764.4650 Toll Free 888.726.1688 Fax 206.764.4653 E-mail: sales@smithberger.com Web: www.smithberger.com SAFE - RELIABLE - ECONOMICAL Circle 249 on Reader Service Card Circle 239 on Reader Service Card Circle 211 on Reader Service Card Circle 219 on Reader Service Card APRIL MN2006 2(9-16).qxd 4/10/2006 3:16 PM Page 12 </div> <span id="lblContents"></span> <br /> <br /> <a href="http://www.digitalwavepublishing.com/" title="Digital Magazine">Digital Wave Publishing</a> </BODY>