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MARINE FINANCE Litton Division To Supply Defense Systems For Norwegian Navy The Laser Systems Division of Litton Industries Inc. has report- edly won a $12.5 million contract from the Royal Norwegian Navy for the Norwegian Hellfire Shore Defense System — Designator Configuration program. Under the terms of the contract, Litton will produce 54 systems for the Royal Norwegian Navy and Army, which will enable military person- nel to acquire, track and survey possible enemy targets by using daylight and thermal sights. The target information is then used to direct ground-launched missiles against targets. This compact sys- tem consists of a laser designa- tor/rangefinder built by Litton Laser Systems of Apopka, Fla., an 8-12 micron thermal camera built THE ART OF RECONDITIONING iplished in 1956, Briganti^ Services Limited has specialised iifthe reconditionin ^ine parts. All reconditioning procedures are carried out to the exacting specifications o ;turers and the appropriate classification society. •jitme's experience is only matched by the quality of its workmanship. The company operate! |w 4.200 square metre modern workshop located in Hong Kong, and employs more thi g&ians authorised to carry out repair and maintenance services by MAN B & W Dics*^ •Diesel. Mitsubishi Heavy Industries, Ulstein Hydraulic Brattvaag, Lyngs0-VAL.M( I Marine Kong Government. atine's services include: Diesel engine reconditioning of such components as: • Pistons (by strip welding using inconel 625 where appropriate) • Cylinder covers • Exhaust valve spindles (also Nimonic) and seats Trouble shooting, repair and maintenance of: • Main and aux. engines • Turbo chargers • Electrical installations • Hydraulic systems, pumps, motors, et • Bridge and manoeuvring systems • Automation and pneumatic systems 16 BRIGANTINE SERVICES LIMITED ADDRESS : 48 WANG LOK STREET. YUEN LONG INDUSTRIAL ESTATE. NEW TERRITORIE H< ING KON TELEPHONE (B52) 2473 7900 TELEFAX (852) 2478 7592 TELEX HX438I5 BRIGN HX Circle 241 on Reader Service Card by Sagem SA of France, and a tri- pod and traversing head built by Instro-Precision Ltd. of the U.K. Litton will be the systems integra- tor and will deliver fully integrated day/night systems. The shore defense system will be deployed by the Royal Norwegian Navy from its fast attack boats to mobile coastal positions. For more information Circle 71 on Reader Service Card EC Orders Dutch Yard To Repay Loan Excesses The European Commission has decided that Danish yard Odense Staalskibsvaerft A/S must pay back with interest around 1 million DKR of state aid granted in rela- tion to five shipbuilding contracts concluded in 1992. The decision is the result of a larger investigation of the financing of shipbuilding in Denmark in the period from 1987 to 1993. The Commission has examined 58 contracts and found that 53 of them respected the aid ceiling in force at the time the con- tract was signed (nine percent), while in five cases the aid granted exceeded that ceiling. The Commission has examined 58 contracts in which a so-called mother-daughter company model was used. In these cases, the yard sold the vessel to a subsidiary (daughter company) which again sold the vessel to the real shipown- er. The Commission initiated its investigation in July 1996, since it could not establish whether the aid ceiling had been respected in cases where such a model had been used. The total amount of aid which the Commission considers incom- patible with the Shipbuilding Directive is 1.018 million DKR (137,000 ECU, January 1997). IRC Awarded Contract From Thai Government International Response Corp. (IRC), the international affiliate of National Response Corp. (NRC) and Seacor Holdings, Inc., is part of a consortium that will establish a marine oil spill pollution control and monitoring program for the Pollution Control Department (PCD) of the Royal Thai Government. The program involves a risk assessment study, development of Maritime Reporter/Engineering News