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Seacor Smit Enters Rig Alliance; Reports Earnings Seacor Smit Inc. and Chiles Offshore announced an agreement for a strategic alliance under which Seacor will invest $9 million in Chiles — of which it will become half-owner — and will commit $26 Who delivers the right balance of value and quality on marine heat exchangers? Head Office: Curdworth. Birmingham, UK For calls outside USA and Canada Tel: +44(0) 1675 470042 Fax: +44(0) 1675 470490 Making heat exchangers work^for you CRANE Offshore Systems Receives $2.3 Million Order The Canadian Coast Guard has reportedly purchased 24 units of Offshore Systems' electronic chart precise integrated navigation sys- tems (ECPINS). The $2.3 million order is the second phase of a 36- system installation program, and the systems will be used in buoy tending, icebreaking, search and rescue, fisheries patrol and train- ing operations. U.S. Navy Awards Telecommunications Contract RELIABILITY EXPERIENCE INTEGRITY For over 35 years Jamestown has provided quality interiors, products and services on thousands of vessels, commercial and naval. We have become the benchmark of the industry in new construction, conversions and refurbishing. Our tradition of excellence extends from off-shore vessels and cargo liners to the finest cruising passenger and casino vessels to Coast Guard and Navy vessels. From complex turn- key packages to the smallest detail, choose the leader... JAMESTOWN METAL MARINE SALES, INC. Boca Raton, Florida Tel: (561) 994-3900 Fax: (561) 994-3969 million to investment in rig-own- ing partnerships. Chiles Offshore also announced a contract with Amfels, Inc. for the construction of a second rig, a LeTourneau Super 116 jack-up drilling unit. Seacor Chairman Charles Fabrikant said, "We believe that new, modern jack-up rigs will be a fruitful investment and provide returns on capital consistent with our corporate objectives. We also believe there are synergies between the rig business and the boat business and Seacor's global marketing network and broad cus- tomer base will contribute to each other." Seacor Smit Inc. recently announced net earnings for the second quarter of this year of $38 million, or $2.75 per primary share on revenues of $85.2 million. The company sold 22 vessels in the six months ended June 30, namely seven supply, five utility, four tow- ing supply, three AHTS, two crew and one freight vessel. In the com- parable quarter ended last year, Seacor earned $6.9 million per pri- mary share on revenues of $52.6 million. Circle 381 on Reader Service Card And delivers on time, anywhere in the world. CRANE HEATEX Who else! For replacement marine charge air coolers, shell and tube exchangers, fin coils, chillers and condensers. Crane Heatex - accredited to ISO 9002 - guarantees outstanding service, value and quality. For details on a full range of heat exchanger services that work better for you, contact RRKlattenberg Marine Agency TEL: (201)731-4018 FAX: (201)325-3681 17 Grandview Avenue. West Orange. New Jersey 07052 >WHB™*S.JSJJ Circle 236 on Reader Service Card The U.S. Navy awarded a con- tract worth nearly $3 billion to Lucent Technologies Inc., GTE Government Systems Corp., Bell Atlantic Federal Integrated Systems Inc. and AT&T Government Markets for voice, video and data modernization of Navy telecommunications. The contract is expected to be complet- ed by July 2007. AT&T Corp. withdrew its bid after the announcement. "We bid on the whole contract but were allotted only a portion, so under those circumstances, we withdrew the bid," said a company spokesperson. Navy Awards $41 Million IT | Contract DynCorp subsidiary DynTel won a $41 million contract to provide IT support to eight local centers of| the Naval Education and Training Professional Development and Technology Center. The one-year contract includes three option years, over which time the compa- ny's services will include computer systems administration, network system management support, soft- Maritime Reporter/Engineering News