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TITLE XI Van Ommeren Seeks Guaran- tees For $203 M: MarAd has received an applica- tion from Van Ommeren Tankers, (USA) L.L.C., Stamford, Conn., for a Title XI guarantee to aid in financ- ing the construction of five Double Eagle product tankers. The proposed builder of the vessels is Newport News Shipbuilding, Newport News, Va. Delivery dates have not yet been determined. The estimated guaran- tee amount is for $203,875,000 of the Marine Sewage Treatment From The Market Leader The Model 15-MX treats blackwater waste for a complement of 500 people (one of 6 standard sizes available) OMNIPURE™ MSD SYSTEMS Compact & Lightweight OMNIPURE'S space saving, fully automatic units treat sewage from 6 to over 500 persons allowing discharge in full USCG/IMO com- pliance. Retrofit Solutions OMNIPURE'S process modules are designed to be retrofitted uti- lizing existing shipboard tanks and are configurable to meet existing space and piping requirements. User Friendly Installation of an OMNIPURE system is simple due to factory pre-wiring. Daily maintenance is minimized with no chemicals or biological additives. Sludge removal is also eliminated. Large Complements Multiple units may be configured to run in parallel for even larger passenger/crew complements. Custom systems are also available for space-sensitive retrofits. EITECH ELTECH International Corporation a subsidiary of ELTECH Systems Corporation 1110 Industrial Blvd. Sugar Land,TX 77478 Tel: 713/240-6770 Fax: 713/240-6762 Sales and service centers located in most major parts of the world YOU'RE SINKING. IT'S 3AM. IT S COLD. IT'S DARK. YOU NEED A MIRACLE, Jlg^ OR THIS. SATFIND Short of a miracle, the SATFIND-406 SURVIVAL EPIRB could save the lives of you and your crew. It gives you world- wide protection by notifying rescue authorities of your location and identity via satellite. The rugged SATFIND-406 SURVIVAL EPIRB is small enough to hold in one hand, yet it transmits full- strength for a minimum of 48 hours in sub-zero conditions. It's fully approved by COSPAS-SARSAT and the U.S. Coast Guard. Built in America by Alden Electronics, the SATFIND-406 SURVIVAL EPIRB is available in Category 1 (float- free) or 2 (manual release) models and features an economical price, five year battery life, and a mounting bracket allowing horizontal, vertical, or slanted mounting. An optional cosmetic cover is available for the Category 2 model. For your free, informative color brochure and the name of your nearest dealer, call 1-800-225-9492. Winner of the 1994 National Marine Electronics Association Award ALDEN ELECTRON ICS 40 Washington Street, Dept. 72 Westborough, MA 01581-0500 Phone (508) 36&S851 Fax (508) 898-2427 "Available on GSA Contract total estimated actual cost of $233,725,000. Construction period financing would be covered between June 1995 and December 1998, and mortgage period financing would be covered from December 1997 through December 2023 (see related story on page 59 of this issue). American Tankships Asks For Title XI Guarantees On Product Tankers: MarAd has received an applica- tion from American Marine Tankships, Inc., Bethesda, Md., for a Title XI guarantee to aid in financing up to six product tankers and conver- sion of the tanker M/V Marine Prin- cess. All would operate in the U.S. domestic trade. The proposed builder of the product tankers is Newport News Shipbuilding, Newport News, Va. The shipyard for the tanker conversion has not yet been named. The total estimated guarantee amount is $274,864,000 of the esti- mated actual cost of $314,130,000. For the newbuildings, the loan term would be 25 years from delivery of each vessel plus the construction pe- riod. For the conversion, the term would be 20 years plus the construc- tion period. The delivery dates of the vessels have not yet been determined. Financing In Place For Conversions At Avondale: Financing is now in place for the construction of the first U.S.-flag tank- ers to be built to standards set by the Oil Pollution Act of 1990, MarAd an- nounced. With the assistance of MarAd's Title XI federal ship financ- ing program, four tankers will be constructed for American Heavy Lift Shipping Company, New Orleans, by Avondale Industries, Inc. The vessels will be the first U.S.- flag tankers constructed for the do- mestic trades in more than 10 years. They will be the first in domestic service and will comply fully with all domestic and international environ- mental requirements. "This project represents a tremen- dous vote of confidence by American Heavy Lift and Avondale in the do- mestic U.S.-flag fleet," Maritime Ad- ministrator Albert J. Herberger said. "It is made possible by the Administration's continued support of the Jones Act." Mr. Herberger said the deal also demonstrates that the American oil transportation industry can and will act to comply with OPA 90 require- ments. The total value of the project is about $160 million. Of that, $139 million is guaranteed under the Title XI program. Dannebrog Rederi Seeks Guarantees For $70.4 M: MarAd has received an applica- tion from Dannebrog Rederi AS, Den- mark, for a Title XI guarantee to aid in financing three double-hulled, 16,000-dwt tankers. All would oper- ate in the international trade. The proposed builder of the tankers is Alabama Shipyard, Inc., Mobile, Ala. The total estimated guaran- tee amount is $70,448,400 of the estimated actual cost of $80,512,400, with a loan term of 25 years from delivery of each vessel plus construction period. The de- livery dates of the vessels have not yet been determined. Permission Sought Sanco Asks To Sell Oil Platform: MarAd has received a request filed by Sanco International, Inc., Brownsville, Texas, to sell the 10,046-gt oil platform Ocean Trav- eler. The proposed purchaser is Sociedad Industrial de Productos Siderugicos S.A. of Colombia. The platform was built in 1966 in New Orleans. If approved, the platform would be scrapped in Cartagena, Colombia. MarAd's permission is required under section 9 of the Shipping Act, 1916, as amended. Seadrill 88 Asks To Sell Mobile Drilling Unit: MarAd has received an applica- tion from Seadrill 88, Inc., Hous- ton, Texas, for permission to sell the mobile drilling unit Glomar Main Pass III and transfer it to Liberian registry. The proposed purchaser is Dual Holding Inc., Wilmington, Del. The 1982-built unit would be used for oil and gas exploration and extraction. MarAd's permission is required under section 9 of the Shipping Act, 1916, as amended. Western Overseas Wants To Sell Two Vessels For Scrap: Western Overseas, Inc., Sylvania, Ohio, has requested per- mission to sell the 14,260-dwt John Lykes and the 14,286-dwt Ashley Lykes for scrapping in India. The proposed purchasers of the vessels are Sanjay Steel Corp., and Gupta Steel, both of India. The vessels were built in 1960 in Pascagoula, Miss., and in 1963 in Sparrows Point, Md. Neptune Wants To Sell Cargo Vessel For Scrap: Neptune International, Inc., Elk Grove Village, 111., has asked per- mission to sell the 10,723-gt cargo vessel Genevieve Lykes to Neter Navigation, S.A., of Singapore. The vessel was built in 1968 in Avondale, La. If approved, the ves- sel would be scrapped in Alang, India. Shano Intl. Asks To Sell Fred G For Scrap: Shano International Inc., Great Falls, Va., has asked permission to Circle 251 on Reader Service Card 8 Circle 202 on Reader Service Card Maritime Reporter/Engineering News
