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NORWEGIAN MARITIME REVIEW (propellers), Mar-El (remote sys- tems), Moland (alarm, monitoring and control systems), Vingtor (infor- mation systems), Norcontrol (navi- gation systems), Tranberg (naviga- tion and signal lighting), Hydro Aluminium Vik Verk's (lightweight aluminum systems), Colt Industrier (window systems), Glamox (light- ing), Jets Vacuum (sewage systems), Marintek (ship model testing and hull design), and Eksoportfinans (financial). Another Norwegian high-tech com- pany, TTS Technology, recently teamed with Thornycroft, Giles & Co. (TGC) — developers of the FastShip — to jointly develop the world's fastest container handling technologies. Under the agreement, TTS will invest up to $2.5 million to become an equity partner in TGC and complete the development of the Alicon terminal handling and ship loading/unloading system, designed to provide a cost-effective interface between marine and land-based logistics systems. "...We sought to "orm a strategic partnership with a Irm that has internationally recog- lized expertise in the design and nanufacture of sophisticated equip- nent and reliable material handling ystems that must function in a ough environment," said Ronald ^ornelison, president and CEO of X-rC. "We believe TTS to be the ieal partner for this task." The Jicon system combines an orderly sceival/distribution and marshaling f incoming and outgoing containers 1 ports with the extremely fast >ading and unloading of the astShip vessels. Use of the system designed to expedite ship turn- "ound time to about six hours for ie 1,448-TEU vessel. iding the wave The cyclical volatility of the mar- ine market meant good news for me companies, not so good news r others. The first half of 1996 included ports from Norwegian shipbuilder d engineering group Kvaerner it its first-half profits dropped 60 rcent, mainly from poor results in oil and gas and pulping business- Meanwhile, its acquisition of ifalgar House continues to be utinized as to how it will affect ! company in the long term. While the overall numbers were ra, shipbuilding activity report- y remained strong, with a strong -tax profit. Expectations are for shipbuilding units to deliver itember, 1996 Ulstein To Highlight Offshore Abilities At SMM '96 Ulstein will be highlighting its unrivalled range of UT700 off- shore vessel designs at the SMM exhibition in Hamburg, as well as the latest developments from the group's equipment companies. The mainstay of the Ulstein Group's shipbuilding division, Ulstein Verft, remains securely in offshore tonnage, and a healthy orderbook emphasizes the compa- ny's dominance of this market sec- tor. Of the 18 offshore support vessels on order at North European yards in July, nine were being built to an Ulstein UT700 design, and six of these were placed at Ulstein Verft itself. Circle 226 on Reader Service Card 97 CARGOMASTER level Valve Remote Control Systems Scana Skarpenord as P.O. Box 55 N-3971 Langcsuml, Norway Tel. + 47 35 97 20 00 Fax. + 47 35 97 39 30 SI Scana Skarpenord Leaders in liquid monitoring and handling. More than 1000 systems delivered Circle 126 on Reader Service Card No wonder it's become the industry standard! There's no Icmger-lasting deck and hull seam compound than LifeCalk: When the job is done, the job .is dike. LifeCalk is a two-part polysulfide that goes on without a prime coat, and cures as quickly as only a two-flirt product can. Perfect for all bedding and sealing applications, both above and below the water line. It's the ideal sealant for eveiy size bolt, from cruise liner to pleasure craft. mmP: jMr Don't settle for less than LifeCalkftfs more than ; k name... it's a promise. Bl*CK DECK SEAM SEALANT TYPE P P0URABLE GRADE A m IWokol potysuir.de seaH"1 Life Industries Corporation 2081 Bridgeview Dr. • N. Charleston, SC 29405 USA 1-803-566-1225 • Fax: 1-803-566-1275
