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Norwegian Cruise Commences $1B Ship Deal Norwegian Cruise Line (NCVL) has begun a $1 billion shipbuilding campaign by committing to build a 76,000-ton luxury liner. NCL has signed a letter-of-intent with the Lloyd Werft shipyard to build a 76,000-ton ship which will be a sis- ter ship to NCL's 11th vessel, M/S Norwegian Sky. The ship is designed to carry 2,000 passengers and is scheduled for delivery in the summer of 2000. Bergesen Orders Two LPGs From Gdynia Shipyard Bergesen D.Y. ASA ordered two LPG vessels from Poland's Gdynia Shipyard and had an option for up to four more. The contract price per vessel was reportedly $63 mil- lion, of which 40 percent would be paid during the building period and the remaining upon delivery. The two vessels were expected to be delivered in June and December in the year 2000. The loading capacity of each was 78,500 cbm. Bergesen has 18 gas carriers already in the VLGC segment, which meant above 70,000 cbm. OT Africa Line Appoints East Med/Black Sea Agent OT Africa Line (Otal) has extended its agency network to encompass the Black Sea, Balkans and Eastern Mediterranean regions. The company said it has taken on Piraeus-based forward- ing agency, Economou, which has offices in Greece, Turkey, Bulgaria, Romania, Russia and the Ukraine, as well as a network of representa- tives located in key ports and cities. Ulstein Buys Half Of Poland's FAMA Ulstein Holding ASA's Brattvaag AS division is buying 50.08 percent of Polish shipping equipment company FAMA for $1 million. The Gniew, Poland-based company had turnover totaling $5.4 million in 1997 and has about 400 employees. The seller was Stocznia Szczecinska SA, or the Stettin shipyard, according to Ulstein. Hess Tower Sinks During Float Out Amerada Hess Corp. has report- edly recovered the tower section of an oil rig for its estimated 100 mil- lion barrel Baldpate field in the Gulf of Mexico, and "initial indica- tions are it has not suffered any damage." The tower, owned by Hess and Oryx Energy Co., its 50 percent partner in the project, sank in late May, about 100 miles off the Louisiana coast while being towed to the field. The 20,200-ton, 1,320 ft. (420 m) tall structure had sunk in an upright position and was 100 ft. below the surface of the water. Litton Wins $138.6M Contract Litton Industries Inc. won a $138.6 million contract to design and make engineering control sys- tems equipment and integrated bridge systems for the U.S. Navy's Ticonderoga class of AEGIS cruis- ers. The contract, awarded by the U.S. Navy Sea Systems Command, includes a firm requirement for four systems, options for 22 addi- tional systems, and pricing agree- ments for the bridge systems to be used in DDG 51 class of destroy- ers. Work is expected to be com- pleted by December 2003. Circle 256 on Reader Service Card Our new DP Systems are based on experience from more than 500 DP Systems installed worldwide. The new systems include: • All control modes: Joystick, heading control, semi-auto and auto positioning • Selectable rotation point • Model control (dead rekoning) • Autopilot control • Course tracking control Kongsberg Simrad 7250 LANGTRY STREET HOUSTON, TX 77040-6625, USA •Telephone: 1 713 934 8885 •Telefax: 1 713 934 8886 Kongsberg Simrad P.O. Box 1749 1225 STONE DRIVE, SAN MARCOS, CA 92069, USA •Telephone: 1 760 471 2223 •Telefax: 1 760 471 1121 KONGSBERG SIMRAD June, 1998 119