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Sovereign Yacht Launches Technologically Advanced Sailing Yacht 'Venturosa' Sovereign Yacht employees and families stand before the sailing yacht Venturosa prior to her launching. Bruce Reagan of Seattle-based Sovereign Yacht announced that the company had launched the 109.5- Foot sailing yacht Venturosa. Ac- cording to the builder, this marked a major step towards the completion )f one of the world's most techno- logically advanced yachts built to specification standards seldom at- tempted. The yacht's European >wner selected Sovereign after an ntensive worldwide search for a juilder who could satisfy his design specifications and concepts for one rfthe world's ultimate sailingyachts. The Venturosa is scheduled to be lelivered this month. The 142.7-ton yacht is ketch •igged and has a total sail area of ),213 square feet. In addition to her sails, she is also equipped with two Deutz D234 V8 engines, developing 229 hp at 2,100 rpm each. To assist n maneuvering the boat, a retract- ible, 16-hp bowthruster and iternthruster are fitted. Under >ower, the Venturosa has a range of !,500 nautical miles. Her wheel- louse is equipped with Radio Hol- and electronics and a Furuno CH- 14 retractable fathometer. Built with multiple-redundancy in mind, the yacht is equipped with four sepa- rate steering systems, two North- ern Lights M6414D, 60-kW main generators and one Northern Lights M834,20-kW night generator, and a bilge pump system which can oper- ate hydraulically or off of AC or DC current. According to Sparkman & Stephens, the naval architects for the Venturosa, "Based upon our in- spections at the shipyard (Sover- eign Yacht), we feel that the Venturosa is the highest quality sailing yacht ever built." For more information from Sov- ereign Yacht, Circle 127 on Reader Service Card U.S. Supreme Court Upholds Tennessee Container Tax, Trade War Threatened A recent U.S. Supreme Court de- cision that upholds the State of Tennessee's right to levy a 5.5-per- cent sales tax on domestically-owned containers leased for use in interna- tional transport could lead to for- eign retaliation against U.S. trade. The Supreme Court concluded that Congressional legislation gov- erning the importation of contain- ers only prohibited the imposition of Federal customs duties, not state regulations or taxation. The court also determined that Tennessee's tax did not violate any international conventions. Eleven countries vigorously op- posed the state tax, arguing that it was prohibited by the Customs Con- ventions on Containers of 1956 and 1972, both of which were signed by the U.S. The terms of the container con- ventions require signatories to al- low the temporary admission of cargo containers for up to three months without imposing import duties or taxes. The U.K., Germany, Japan, France, Italy, Denmark, Finland, the Netherlands, Norway, Spain and Sweden sent the U.S. State Depart- ment a diplomatic note protesting the Tennessee container tax. Fearing that the tax would now spread to several other U.S. states, Britain stated that it and other coun- tries were likely to retaliate against the tax. Itel Containers International Corp., of California, was assessed by Tennessee's revenue department in December 1986 to be liable for $382,465 in sales tax, penalties and interest from Itel's lease of contain- ers delivered in the state from Janu- ary 1983 to November 1986. The company fought the assessment on the grounds that the tax was uncon- stitutional and in violation of inter- national conventions. RNLI Chooses Orkot "TLM Marine" For New Lifeboats The Royal National Lifeboat In- stitution (RNLI), which was founded in England in 1824 and whose life- boats have saved more than 120,000 lives, chose Orkot "TLM Marine" as the material for rudder bearings on its two new classes of lifeboat. The two new designs, christened "Severn" and "Trent," are 56- and 46-foot boats respectively. They mark the beginning of a new era of lifeboats, as these vessels are able to withstand the worst sea conditions and are capable of 25 knots. There are plans to build 90 of the new boats, the first is scheduled to enter service in the summer of 1994. "TLM Marine" is a special grade of fiber-reinforced composite, spe- cifically developed by Orkot Ltd. of Rotherham for marine applications. Incorporating a solid lubricant, its outstanding wear resistance and low swell in water have made it a popu- lar choice for bearings in a variety of vessels around the world. "We had been experimenting with other non-metallic materials," said Jim Johnson, RNLI's chief drafts- man, "but we had difficulty obtain- ing the machining tolerances we needed. The response from Orkot's technical people was very good...." For more information on the prod- ucts and services of Orkot, Circle 119 on Reader Service Card VENTUROSA Equipment List Main engines Deutz Propellers Hundested Stabilizers Naia Fuel centrifuge Alfa-Laval Generators Northern Lights Main air compressors Dayton Spars, Rigging Offshore Spars Furling Reckman Sails North Sails Rigging Navtec Rod Windlasses Maxwell Anchors CQR Chain HI-TEST Hatches Goiot and Rondal Electronics Radio Holland Sonar Furuno Desalinators Village Marine Dive compressor Bauer Refrigerator system Celsius Marine Air conditioning Lunair Heads Sealand Vacuum Waste treatment Microphor SPIRIT OF ST. CHARLES Victorian Style Riverboat PERFECT FOR GAMING OPERATIONS, Height: Width: Power: • Fruno Radar • 38 Bose full range speakers • 2 Pevey sound systems • Security system •Water alarm system • Rre alarm system •3 bars with ABC Systems 43.6 feet 34.0 feet Length: Draft: 100.0 feet 4.5 feet 2 Cummings Diesels, 360 six cylinder 2100 KW generators, four cylinder • 6 Restrooms • Starboard & Port wing controls • Hydraulic paddle wheel • Remote control stage hoist system • 20 foot stage with 16 foot extensions • Bogen intercom system • Bogan P.A. system • Dishwasher • 2 Ice machines • Calliope with tape player and keybooard •Pre wired for phone system • Large utility refrigerator For Information Call: 314-947-3323 April, 1993 Circle 352 on Reader Service Card 115
