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Wartsila S More Engines Bay Transportation's Kinsman Hawk, the first of three new tractor/escort tugs powered by Wartsila 6L32E engines. Wartsila Diesel Inc. received a $1.2 million order from Trinity Marine Group's Halter Marine Shipyard for a pair of Wartsila 6L32E propulsion engines to power the third tractor/escort tug built for Bay Transporta- tion. Wartsila 6L32E engines were also selected for the first two tugs of this class. The vessels are designed and built to comply with new U.S. Coast Guard requirements for tanker escort service in such environmentally- sensitive areas as Alaska's Prince William Sound. The new Bay Transportation tugs incorporate pioneering propulsion technology design, with improved hull design, comfort, reliability and environmental safety. Twin independent propulsion systems provide for reportedly exceptional maneuverability, as well as redundancy — impor- tant factors when tanker emergencies require split-timing and precise directional control. For more information from Wartsila Circle 18 on Reader Service Card Seacor Concludes Agreement To Purchase Graham's Marine Assets Seacor Holdings, Inc. announced the conclusion of a definitive agree- ment with John E. Graham & Sons and affiliated companies of Bayou La Batre, Ala., to purchase all of the marine assets and certain real es- tate owned by the sellers. The as- sets will be purchased by several Seacor subsidiaries. The purchase price will be $72 million, subject to certain adjust- ments at the time of closing. The definitive agreement follows the terms of a letter of intent signed last May but excludes from the transac- tion a shipyard and certain real estate which will be retained by the sellers. The Graham fleet includes seven offshore supply vessels, 37 crewboats, five mini-supply vessels, and 79 utility boats. The transaction was expected to close by September 30. Seacor will finance the acquisition with its cash on hand and borrowings under an $85 million credit line established with Den norske Bank AS, New York branch. Seacor Chairman Charles Fabrikant said, "the Graham as- sets will broaden Seacor's ability to serve its offshore energy customers, and benefit the company's environ- mental subsidiary, National Re- sponse Corporation (NRC), which specializes in marine emergency response and oil spill cleanup." He continued, "NRC has ex- panded its customer base during the last year by entering into long- term contracts with PDV Marina, a subsidiary of Petroleos de Venezu- ela S.A., the Venezuela-based oil producer, and its U.S. subsidiary CITGO, a domestic based refiner and distributor, and Sun Oil. The Graham acquisition provides flex- ibility for NRC to customize pro- grams for clients by re-deploying some of Graham's assets. We are considering Puerto Rico, Lake Charles, Corpus Christi, the Carib- bean and the West Coast as areas for expansion." NRC PresidentMark Miller said that the enhanced capability within the Seacor family would facilitate the prompt action and flexibility needed for effective response to oil spills. He said major spills have required as many as 80 support vessels like those in the Graham fleet. "We believe that NRC is the only company in the U.S. with envi- ronmental experience that can com- mandeer the broad array of diverse marine equipment necessary to respond to such events." He said that NRC's ability to access equip- ment through its sister company is an advantage in expediting re- sponse. NRC now has another 128 vessels in its marine response net- work. Seacor provides offshore marine transportation and environmental services to the energy and maritime industries. The company's two pri- mary lines of business are: the operation of a diversified fleet of marine vessels primarily dedicated to supporting offshore oil and gas exploration and development in the U.S. Gulf of Mexico, Mexico, the North Sea and West Africa; and the provision of environmental contract- ing services domestically and inter- nationally, specializing in the plan- ning for and response to oil spills. Seacor's environmental services are provided primarily through NRC. L.F. GAUBERT & CO. INC More Than 45 Years Of Dependable Service! P.O. BOX 50500 • NEW ORLEANS, LA • 70150 Phone: (504)822-7272 Fax: (504)821-9309 1 -800-831 -7534 Call Us For Your FREE Newsletter DISTRIBUTE & MANUFACTURE ELECTRICAL SHIPBOARD CABLES NAVY-COMMERCIAL-CONTROL ELECTRONIC-PORTABLE COMMUNICATION-SIGNAL-MINING WELDING-COAXIAL & POWER CABLES-FABRICATE ELECTRICAL CABLES TO YOUR SPECIFICATIONS Quality Is Our MOST Important Feature! Circle 304 on Reader Service Card FRAMEWALK, FOR EASIER INSPECTION OF CARG0H0LDS... A system of ladders designed specifically to enable close inspection of frames in bulk carriers. Ihis system can be used by gearless bulk carriers, is totally independent of all ship services and facilities and can be quickly and conveniently operated without the need for specialist skills or training. •This equipment complies with all current Classification Society and Intercargo recommendations and International Maritime Organisation (I.M.O.) resolution A713 (17) dated 6th November 1991 Simply ring, fax or write us for our extensive catalogue. Willem Pot marine stockists since 1899 Postal address: P.O. Box 29102,3001 GC Rotterdam, The Netherlands Main office: Stationsplein 45, Phone +31 (0)10-4331277 Fax +31 (0( 104130304, Telex 22496 Circle 305 on Reader Service Card 52 Maritime Reporter/Engineering News
