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Ship Orders For Export Drop Ij/Korea The^ Korea Shipbuilders^ Association reported that South Korean shipbuilders received orders for 142 ships weighing 6.9 mi lion gt from overseas last year, do ra 2.8 percent from the previous ye; r. In 1995, South Korean ship- bu lders received orders for 194 vessels weighing 7.13 million gt, up 11.9 percent from 1994. FE .S' Quick Work Promise Is Deal Repairs to an oil drilling rig that partlyN. collapsed in South Austral! a\Gulf Saint Vincent will be repaired at FELS in Singapore. The owner hacrveportedly received a competitive Vbid from an Australian comnany, however FELS could repontedly complete the repairs sooner.J New Atlantic/Jcean Container afervice Consortium Launched Kawareaki Kisen Kaisha Ltd., Chin/ Ocean Shipping Co. (C09C0) and Yang Ming Marine Transport Corp. of Taiwan will reportedly form a consortium to launch a%weekly Atlantic Ocean container ssu'vice, marking the first time an\ of the three will operate an Atlamtic route. Four 2,000-TBU containerships are scheduled tJ service the route. Acord Joins Trico Board Trico Marine Services announced that H£K. (Kent) Acord, recently retired executive vice president, International, for Mobil Oil Corporation's Exploration and Production Division, has been elected the company's board of directors. He replaces Carl Ferenbach Mio resigned from the board to de\rote more time to Berkshire Partners' ongoing investment activities. Mr. Acord has more thaV 40 years of experi- ence in tbj^nergy industry, pri- marily ir^ne international arena. EC Ofcs Peene Werft Aid The European iSommission (EC) has approved DJVll 30.6 million in aid to cover the Mpenses of mas- sive staff reduc™n and disman- tling of old ferities during the February, 1997 restructuring of Peene Werft, an east German shipyard situated in Wolgast Mecklenburg- Vorpommern. This aid is the final part of the restructuring aid pack- age that was deemed necessary at privatization in he invest- menfcj^or thejm^al conversion of this formSF*f!rDR naval yard were virtually completed in 1995. lnmarsat-3 F3 Enters Service Personal mobile satellite phone service became available for tho§ who do business, live < the beaten track Wfjrie *^cifii Ocean region. ThP^nuTl s^fcgjfite in the Inmarsat-3 series entered service on Saturday, January 25. Inmarsat-3 F3 joins two other sim- ilar satellites already in operation, and reportedly extends to about 95 percent of the world's land-mass that benefits from the new person- al ary^-pfrjonl^service. The sp3c^aifatto\tjos® capacity for nmarsat's other commercial mar- itime, aeronautical and land- mobile communications systems. For more information on Inmarsat Circle 101 on Reader Service Card T0DC0 WALL, CEILING AND DOOR SYSTEMS. The TODCO soft core interior system is a sound investment for any type of marine accommodation. Designed for flexibility and fast installation, our insulated modular system is available in a wide range of attrac- tive, yet durable, facings and finishes. And being the only American manufacturer in the industry means nobody can match our package of quality, value and fast delivery. So nof*»ty wjl^n ijjjmor svstemfomTOQ£0 improve Mj&Jook® igfltH^impi/ve iWeok of your l*)ttNn Imlas' For moremfornGBtion, call (7T6) 25V-3475 \TODCO/ Cattaraugus, New York U.S.A. See us at Seatrade 97', (Booth #809) and The PVA, (Booth 301) Circle 289 on Reader Service Card Orange CHOCKING SYSTEM • maintains permanent alignment of ship engines and equipment installed above or below decks • prevents corrosion, fretting and damage from engine movement • simplifies installation of sterntube, strut, pintle and rudder bearings Approved by all major engine manufacturers, regulatory agencies and fleet vessel owners. " We consider Chockfast the greatest in maintenance E. Cherry, Tec /7wPhiladelphia Resins P.O. Box 309, Montgomeryville, PA 18936 215/855-8450 Fax 215/855-4688 complete family of chocking, coating and repair compounds Circle 293 on Reader Service Card STACO ENTERPRISES, INC. A E S INTERNATIONAL MARINE TRANSPORTATION SPECIALIST Equipment Available * Propeller Rigg * 40' - 48' Flatbed Trailers * Lowboy Trailers - 50 Ton * Stretch Trailers * Vans * 20' - 40' Container Chassis Air Freight Available (Serving 48 States & Foreign Ports) MC 270171 Stack Enterprises, INc. 5331 New Kings Road Jacksonville, Florida 32216 1 (800)-555-8884 Phone: (904) 766-4609 Fax: (904) 766-8131 24 Hour Emergengcy No. (904) 636-8286 Circle 215 on Reader Service Card ^^ _ A gg O