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MARINE FINANCE Reading & Bates Wins $105M Mobil Deal Reading & Bates Corp. reported that its semisubmersible drilling rig JW McLean has won a two-year contract with Mobil Corp.'s Mobil North Sea Ltd., worth $105 mil- lion. The contract, which will start in the second quarter of next year, came as a result of the early termi- nation in September of Reading & Bates' drilling contract on the Connamera development offshore Ireland. For more information Circle 69 on Reader Service Card SHI Wins $ 127M Containership Contracts South Korea's Samsung Heavy Industries (SHI) has won a $127 million contract to build three con- tainer ships for National Shipping Company of Saudi Arabia THE FOURTH 11-12 FEBRUARY 1998 ROYAL LANCASTER HOTEL LONDON, UK Topical discussion, lively debate, an unrivalled platform for business Official Publication: Seatrade REVIEW Reception sponsored by: M% Miller Freeman ^^ A United News & Media company Seatrade cniise events are owned by Miller Freeman and organised in "th the Seatrade Organisation Please send me information about the fourth Seatrade Tanker Conference and Exhibition, 11-12 February 1998. My interest is (please /): • Attending the conference • Exhibiting to the delegates Name Position Name of company Nature of business Address Post/Zip Code Country Telephone Fax E-mail Signature Date (please print clearly) Return this completed form to the Events Department, Seatrade, Seatrade House, 42 North Station Road, Colchester C01 1RB, UK. Tel: +44 1206 545121 Fax: +44 1206 545190 E-mail: 100125.543@compuserve.com Visit our website: www.seatrade-global.com Circle 268 on Reader Service Card (NSCSA). The three ships, each capable of carrying 4,400 contain- ers, are scheduled to be delivered in 1999. For more information Circle 68 on Reader Service Card Fosen Contracted For Car Ferry Compagnie Tunisienne de Navigation (CTN) has ordered a 2,208-passenger/666-car ferry worth approximately $156 million from Norway's Fosen Mekaniske Verkfteder. Delivery is set for June 1999. For more information Circle 67 on Reader Service Card Aker Finnyards Signs Newbuild Deal Aker Maritime's new Finnish shipyard, Aker Finnyards, signed a $45.3 million contract with Rederi AB Engship to build a 9,300-dwt RoRo ferry for delivery at the beginning of 1999. For more information Circle 70 on Reader Service Card Friede Goldman Wins Contract From Noble Friede Goldman has announced an EVA-4000 project from Noble Drilling for its Pascagoula-based shipyard HAM Marine, Inc. Amos Runner was expected to arrive at the shipyard in mid- November with a targeted comple- tion date of January 1999. The conversion project will include converting the sub- mersible rig into an EVA-4000 semi-submersible rig capable of deepwater drilling. For more information on Friede Goldman Circle 15 on Reader Service Card Kvaerner Wins $63M In Contracts Kvaerner has signed a letter of intent with Brovig Offshore for the construction of an oil well test ves- sel, valued at $63 million. Work on the vessel will start immediately at Kvaerner's Govan yard in Scotland, with delivery scheduled for May 1999. For more information Circle 72 on Reader Service Card 12 Maritime Reporter/Engineering News Seatrade TANKER