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Two key provisions of the mari- time agreement are contained in ex- changes of letters on cargo sharing and port access that are an integral part of the agreement. The cargo-sharing provisions pledge the intention of each party to provide for parity in bilateral liner cargo carriage and to ensure vessels of each nation at least one-third of such cargoes. Flexible formulas are provided for annual verification. Bulk cargo is not covered by the cargo-sharing provisions, but the two countries agreed to further con- sultations towards facilitating sub- stantial participation of U.S.-flag bulk vessels in the bilateral bulk trade. Under the agreement, U.S.-flag vessels may enter 40 listed Chinese ports upon 24 hours advance notice. Chinese vessels, on the other hand, will be able to enter all U.S. ports, except 12 that have been designated national security risks, upon 24 hours notice. The agreement also deals with a number of technical matters, in- cluding vessel documentation, crew identity documents, crew shore leave, handling of maritime acci- dents, convertibility of payments, technical exchanges, and most fa- vored nation treatment with respect to the payment of tonnage duties, as well as future consultations. Moran Towing Names Donald J. Peck VP And General Manager Donald J. Peck, who recently transferred to Moran Towing of Florida, Inc. from an affiliated com- pany, has been appointed vice presi- dent and general manager, accord- ing to Thomas E. Moran, chair- man and chief executive officer. ABB Industrial Announces New Standard Drives Division In Connecticut ABB Industrial Systems Inc. of New Berlin, Wise., a subsidiary of Asea Brown Boveri, one of the world's largest manufacturers of electric drives, has announced the formation of a Standard Drives Di- vision in Orange, Conn. This new unit combines the resources of Para- metrics of Orange, a wholly owned subsidiary of Asea, with RMC of Broomfield, Colo., a wholly owned subsidiary of Brown Boveri Corpo- ration. The Standard Drives Divi- sion will market a broad line of AC and DC drives ranging from frac- tional to 600 hp, and servo-drives up to 75 hp. Earlier this year, Asea merged with Brown Boveri Corpora- tion creating ABB, now one of the world's largest electrotechnical companies with 180,000 employees and 800 operations in over 140 coun- tries. For more information and free lit- erature on Standard Drives Division of ABB Industrial Systems, Circle 71 on Reader Service Card February, 1989 SPD Technologies Completes Acquisition Of Dyncorp Unit SPD Technologies, a leading manufacturer of advanced electron- ically controlled electrical systems protection equipment, has com- pleted its previously announced ac- quisition of the ship repair division of Pac Ord, Inc., a wholly owned subsidiary of Dyncorp. SPD president George M. Gor- don said the addition of Pac Ord's five service and repair facilities will make SPD one of the leading inde- pendent repair specialists of ship- board equipment in the nation. Pac Ord has facilities in Seattle, Wash., San Diego, Calif., Portland, Ore., Jacksonville, Fla., and Nor- folk, Va. The unit provides repair and overhaul services for shipboard communications systems, weapons systems, air traffic control systems, sonar, radar and antenna systems, electronic warfare hardware and electrical equipment. With the acquisition, SPD will now provide on-site repair and over- haul facilities at all primary U.S. Navy home ports. For more information and free lit- erature on SPD Technologies, Circle 51 on Reader Service Card THE LEMVIG LIFT AIR DOES IT ALL! The Most Simple Yet Technically Advanced Lift System Available. Twenty Minutes To Lift A 300 Ton Vessel A proven system... The first Leravig lift has worked around the clock in Denmark since 1983 with no down time for repairs! Low Maintenance: No pumps, cables, or rails. Compressor and tractor does it all! Quick Turnaround: Lift is always available. Cost Effective: Installation Costs are competitive with traditional lifts. Increased Workspace: Every square foot of the yard can be utilized. Safe: Absence of cable and other moving parts assure a safe workplace, thus, lower liability exposure. Lift Sizes: from 30 to 3000 tons and up. OFFSHORE INDUSTRIES, INC. 144 Railroad Ave., Suite 206 Edmonds, WA 98020, USA Tel: 206-672-9350 Telefax: 206-776-7421 Circle 278 on Reader Service Card FOR DIESEL ENGINES.. CHECK CYLINDER LOAD DISTRIBUTION WITH • BMEP BALANCER MODEL 300-A ATTACHES TO STANDARD INDICATOR VALVE INDICATES CHANGE IN CYLINDER LOAD WHILE ADJUSTING FUEL RACK GAUGE READING COMPARABLE TO AREA OF INDICATOR CARD SIMPLE TO USE REQUIRES NO MAINTENANCE ACCURATE RELIABLE CLIP & MAIL x/vnamtcs (orporafioii J. LETO (re nera /TL 210 SOUTH MEADOW ROAD. P.O BOX 1105, PLYMOUTH, MASSACHUSETTS 02360 [ ELEPHONE: (508) 746-0200 FAX: (508) 746-0200 Please send free catalog on balancer NAME COMPANY ADDRESS CITY STATE ZIP . CTI NOVOC 461™ is a 100% solids epoxy coating specially developed for the underwater repair of in-service ships, concrete spillways and other demanding applications. When used in conjunction with CTI's expert installation, it joins our other high performance coatings in provid- ing superior anticorrosion protection and repair for all exposed surfaces. Please call for more information about our quality products and services. Circle 316 on Reader Service Card CTI Industries, Inc. 10 Sasco Hill Road Fairfield, CT 06430 (203) 259-7179 Circle 178 on Reader Service Card 15
