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iiEMMW project has a performance period of nine months. MarAd's cooperative agreement with Marinette Marine Corp. is for Phase II of the Transitioning to a 21st Century Advanced Manufacturing Facility project — the goal of which is to significant- ly reduce the time and costs required to design and build ships by increasing standardization and reducing system and manufactur- ing complexity. Phase I of the project developed the technology and production processes that allowed the ship- yard to market commercial designs internationally. The total value of this agreement is approximately $3 million. Marinette Marine Corp. will pro- vide $1.5 million in cash and in- kind services, and the Government will provide $1.5 million, of which $263,176 is FY97 funds. This pro- ject has a performance period of 24 months. MarAd also recently approved four applications under Section 9 of the Shipping Act, 1916, as amended. Transocean Offshore Inc. (formerly Sonar Offshore Drilling Inc.) has been given per- mission to transfer to Panamanian registry and flag the mobile off- shore drilling unit Sonar George Richardson, without change in U.S. ownership. International Ultimate, Inc., has received approval to transfer to Russian registry and flag the fishing ves- sels Ultimate No. 1 and Ultimate No. 2, without change in the U.S. ownership. Permission was also granted to C & F Fishing Ltd. to sell purse seiner Jeannette to Industrias Y Frigorificos Pesqueros Infripesca C.A., an Ecuadorian company. The vessel will be transferred to Ecuadorian registry and flag. In addition, MarAd has received a request filed by Vane Line Bunkering, Inc. (subsidiary of The Van Brothers Co.), to sell tank barges VB31 and VB 32 to Smith Dolphin Shipping Inc. of the Netherlands. If approved, the barges would be used for barg- ing/bunkering service in the Gulf of Moracaibo, Venezuela. Chantiers Gets Seismic Ship Contract GEC Alsthom subsidiary Chantiers de l'Atlantique announced that it and Louis Dreyfus Armateurs unit Sismique SA have signed a contract to build a seismic survey vessel. The 328.08-ft. (100-m) ship is to be operated by CGG Marine, an affil- iate of Compagnie Generale de Geophysique and is scheduled for delivery in March 1999. $30 Million Loan Guarantee For High-Speed Ferries Announced U.S. Secretary of Transportation Rodney E. Slater recently announced that MarAd approved a federal guarantee to help finance the construction of two high-speed passenger ferries for a new planned service between Miami and Key West, Fla. In a letter of commitment to Mersea Ships 1, Inc., MarAd reportedly agreed to guarantee approximately $30 million or up to Transmission muscle. In heavy weather, fierce wind and fast water, its good to know you've got ZF behind you, delivering ultimate power and control at all times, in all conditions. Across the seven seas, whatever the workboat, where livelihoods and lives, are on the line, the professional chooses ZF transmissions. Superior ZF engineering delivers proven reliability, plus low maintenance and long service life. ZF Marine transmissions are backed by worldwide sales and service. Transmissions you can trust For further information please contact: ZF Industries Inc., Marketing Support Dept., Ill Hickory Hill Drive, Vernon Hills, IL 60061-3182 Tel: 847 634 3500 Fax: 847 634 0736 MARINE Circle 377 on Reader Service Card Who delivers the right balance of value and quality —— __ on marine heat exchangers? 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. I 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 RRKIattenberg Marine Agency TEL: (201)731-4018 FAX: (201)325-3681 17 Grandview Avenue, West Orange, New Jersey 07052 Head Office: Curdworth, Birmingham, UK For calls outside USA and Canada Tel: +44(0) 1675 470042 Fax: +44(0) 1675 470490 ietf^1 Making heat exchangers work^for you Circle 246 on Reader Service Card
