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Sumitomo To Launch $59 Million Double-Skin, Double-Bottomed Tanker The first double-hulled, double- bottomed tanker built at its Oppa- ma yard will soon be launched in Japan by Sumitomo. The Olympic Serenity, ordered by Onassis subsidiary Dover Marine Panama at a cost of about $59 mil- lion, has been constructed in line with U.S. antipollution laws enacted last August following the Exxon Valdez spill in March 1989. The 95,000-dwt tanker is scheduled to be delivered next month. Meanwhile, Ishikawajima-Hari- ma is constructing two 140,000-dwt double-bottomed tankers for Dover Marine Panama. The first is due for delivery next month, and the second in September. An order for one double-bot- tomed 150,000-dwt tanker has been received from OMI Corporation of New York by Mitsubishi Heavy In- dustries. The tanker is to be deliv- ered in January next year. Japanese shipbuilders had orders for 32 dual structure tankers as of August 1990, according to the Japan Maritime Research Institute (Jam- ri). Included in the total were 23 double-hulled and double-bottomed GEMS Closed Loading Liquid Level Indicators The Tank's Full! Nationwide sales and service to the marine industry for more than 35 years.' Imo Industries Inc. Gems Sensors Division One Cowles Road Plainville, CT 06062 (203)677-1311 FAX (203 ) 747 4244 1 Expanded line of electrical or non-electrical indicators. I Helps satisfy Coast Guard regulation for "Tank Barge" and "Tank Ship Liquid Overflow Protection." Also ABS approved. I Tank contents including vapors completely sealed from atmosphere. I Stainless steel construction. I DIPSTICKS™ visible to over lOOf I Self Checking Level Switches feature high level and overfill alarm points. LS-55555 Self Checking Level Switch. Circle 222 on Reader Service Card DRYDOCKING Repairs, Conversions, Rebuilding REPAIR FACILITIES: Dry Dock: 1 - 6,500 ton lifting capacity. Quayside: 5,000ft. Engine Repairs: All types SPECIALIZED WORK: Electrical, rewind shop, trouble shooting, diesel, i.e. Sulzer, Detroit Diesel and Caterpillar engines, pumps, compressors, turbines, and all mechanical repairs. OTHER WORK: Machine shop, steel fabricating shop, grit blasting, Painting & coating, pipe shop, boiler retubing and refractory installation, lagging and insulation, tank cleaning, men and equipment for repairs at anchorage and en-route. NORTH FLORIDA SHIPYARDS Foot of East Adams Street (Commodores Point) P.O. Box 3255 Jacksonville, Florida 32206 USA Tel: (904) 354-3278 Telex: 56204 Fax: 904-353-2665 New York Representative, Richard F. O'Boyle, Inc. Tel: (201) 566-4477 Fax: 201 -566-2858 Circle 332 on Reader Service Card 74 tankers, five double-bottomed ships, and four double-hulled ships. For free literature detailing Sumi- tomo shipbuilding services, Circle 64 on Reader Service Card Conoco To Increase Spending To $2 Billion In 1991 Conoco, Inc., the Houston-based oil firm, recently announced it would increase its capital spending by 25 percent to $2 billion in 1991. According to company president Constantine Nicandros, Cono- co's increased spending is not in response to present high oil prices brought on by the Middle East cri- sis, but rather on a positive view of the energy industry's economics. "We do not believe in making decisions based on short-term jumps in price," said Mr. Nican- dros. "Once the crisis ends oil prices will fall back to $20 or so per barrel." Conoco's budget plans for 1991 call for another ultra-deep well and deepwater platform in the Gulf of Mexico. Additionally, Conoco will spend $90 million for two double- hulled tankers now under construc- tion at Samsung Shipbuilding & Heavy Industries in South Korea. The tankers will be delivered in 1992. Conoco will also spend $75 mil- lion for an offshore water separation system for the Gulf of Mexico. The remaining 60 percent of the firm's spending will be outside the U.S., in Norway, Ecuador, the U.K. sector of the North Sea and Indone- sia. Aquamaster Brochure Describes Products And Services Offered Aquamaster-Rauma Ltd., Rau- ma, Finland, has published free lit- erature on products and services offered by the company. Included is a discussion of electric Rauma deck machinery aboard the M/S Silja Serenade, one of the world's biggest car and passenger ships. This winch package consists of six double-drum electric autoten- sion mooring winches, each with a nominal pull of 30 tons. Also discussed is Aquamaster (Propulsion) Ltd. which has been distributors for Aquamaster units for over 20 years, and during that time has supplied Aquamaster packages to a variety of countries in addition to the U.K. Aquamaster-Rauma Ltd. has ref- erences for over 100 offshore vessels, including rigs, support vessels, and special purpose vessels related to offshore oil production. Aquamaster-Rauma can supply an ideal product and system solu- tion for every offshore-related ves- sel. For more information and copies of the free literature, Circle 29 on Reader Service Card Maritime Reporter/Engineering News