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Marathon LeTourneau To Construct World's Largest Bottom Supported Mobile Offshore Drilling Unit Rowan Companies, Inc. has con- tracted with Marathon LeTourneau Company, a Marathon Manufactur- ing company, a subsidiary of The Penn Central Corporation, for the construction of the world's largest bottom supported mobile offshore drilling unit (MODU). The MODU, a larger version of the highly successful Gorilla Class, will feature 605-foot legs and will be capable of operating in water depths of 450 feet with hurricane force winds of 115 mph and waves of 57 feet. The $85-million MODU will be constructed at Marathon LeTour- neau's Vicksburg, Miss., facility with delivery scheduled for the third quarter of 1986. Upon delivery the rig is committed for a drilling program in the Gulf of Mexico. Commenting upon the invest- ment decision, Rowan chairman C. R. Palmer stated: "Numerous tracts currently under lease are be- yond the water depth capability of existing bottom supported MODUs. We believe the new Gorilla IV, an enhanced version of our three exist- ing Gorilla rigs, will provide an ex- tremely cost efficient option for ex- ploration and development drilling, particularly for those customers operating in the Gulf of Mexico." Mr. Palmer continued: "Rowan is confident of a bright future for offshore drilling, particularly for technologically superior equipment operating in hostile marine environ- ments. Evidence of that confidence is demonstrated by the fact that since 1980 Rowan has ordered ten mobile offshore drilling units, which includes six enhanced Class 116-C units, and with the fourth Gorilla The "old masters" of waterside corrosion protection* T1 or more than seventy years, Apexior1 Number T and Apexior* Number 3 • ^ coatings have been providing effective corrosion protection for metal exposed to fresh or salt water. ^^^ Apexior Number 1 is a heat-resistant organic coating for the protection of metal surfaces immersed in hot water at temperatures above 200°F (93°C). It protects the water-side surfaces of steam generating equipment, feed water heaters, de-aerators, evaporators, steam turbines, and diesel q-linder liners. Apexior Number 3 protects metal surfaces that are frequently wet or exposed to high humidity, or that are immersed in water up to 140°F (60°C). It provides basic, low-cost protection for metal surfaces that are difficult to prepare properly. It is recommended for service conditions where the use of expensive high-performance coating systems cannot be justified. Take advantage of the corrosion protection the "old masters" provide. Apexior coatings are available in the U.S. and Canada from your marine supplier or Dampney Company, Inc., 85 Paris Street, Everett, MA 02149. Telephone (617) 389-2805. Telex II 710-348-6716. Distributor inquiries invited. Dampney Other Dampney products include Epodur* and Endcor* corrosion- resistant coatings, and Thurtnalox' heat-resistant coatings. Class jackup rig ordered today our investment in hostile environment rigs will exceed $700 million". Rowan Companies, Inc. serves the petroleum industry as a contract driller, onshore and offshore in domestic and international areas, operates a fleet of charter helicop- ters and fixed wing aircraft and also engages in petroleum exploration and production. For more information, Circle 326 on Reader Service Card New Brochure On Caterpillar Remanufactured Products Line Available A new brochure now available from Caterpillar features a compre- hensive look at the company's re- manufactured products offering. The brochure details how all the parts are remanufactured and test- ed to original factory specifications for like-new performance. Quality products and low prices are shown to equate to real value for the user. For a copy of this brochure on Caterpillar Remanufactured Prod- ucts, Circle 29 on Reader Service Card Project Carriers Renamed Hansa-Line AG—Relocates Headquarters To Bremen Project Carriers AG of Bad Schwartau, West Germany, has re- cently been renamed Hansa-Line AG and has relocated its headquar- ters to Bremen. The move to Bre- men and the securing of a state sur- ety of eventual operational finance credit has assured the company of recovery from the setback it suf- fered from the collapse of its Danish charterers. Future prospects of the company are regarded as promis- ing. WHAT CAN THE BAILEY GROUP DO FOR YOU! Alterations Air Conditioners Battens Beverage Units Berths Cabinets Conversions Catalog Constructions Chairs Customized Services Decking Doors Exotic Hardwoods Engineering Emergency Service Freezers Frabrication Grating Insulation Installations Ice Cubers In-Stock Immediate Delivery Immediate Response Joiner Needs Lockers Marine Refrigeration Marine Woodworking Marine Furnishing Metal Nameboards Off-Shelf Parts Repairs Refrigerators Round-The-Clock Shelves Spare Parts Teak Tables 24-Hour Service Warehouse Water Coolers toyage Repairs Ask any of us any question at all, about your marine and refrigeration needs. We're here to share our expertise. We're the Bailey Group and we have over 370 years of experience. Bailey Refrigeration Company, Inc., Bailey Distributors, Inc., Bailey Carpenter & Insulation Company, Inc. HEADQUARTERS: BAILEY REFRIGERATION CO., INC. 74 Sullivan Street. Brooklyn, NY 11231. (212) 855-3958 Cable BAILREFCO Telex. 429547 BAILEY OFFICES and WAREHOUSES: NORTH MIAMI. FL 33179 524 N.E. 190th Street (305) 651-4160 Telex 441212 BAILEY AVENEL NJ 07001 2323 Randolph Avenue(201) 382-1225 NEW ORLEANS. LA 70117 632 Alvar Street (504) 943-2461 NORFOLK. VA. 23513 2621 Arkansas Ave. (804) 855-0401 4HV h^y / AI LEY ..Mt&i! 12 Circle 126 on Reader Service Card Circle 135 on Reader Service Card Maritime Reporter/Engineering News