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THE INLY EVACUATION SYSTEMS THAT ARE US COAST CUAID APPROVED. MARINE FINANCE V. Ships Gets Five-Year Contract V. Ships Marine, Ltd., a full-service international marine transportation management and operations organiza- tion, recently won a five-year contract to provide ship management and technical services on behalf of PLM Transportation Equipment Corporation of San Francisco, Calif., a major U.S. ship leasing company. According to Bob Wellner, president of V. Ships Marine, the company will be pro- viding technical services for all of the ves- sels in the PLM fleet. Currently, V. Ships is providing services to 12 vessels, includ- ing tankers and bulk carriers trading worldwide. ABB Nabs $100M Propulsion Package Contract ABB won contracts for propulsion sys- tems for cruise liners being built by Norwegian Kvaerner's Masa-Yards in Finland and German shipyard Meyer Werft. ABB..will supply innovative electric propul- sion systems for three new luxury cruise ves- sels, with provisional orders on a further three ships. The total value of all the orders is about $100 million. The cruise liners are being built for Carnival Cruise Lines and Royal Caribbean International, and Italian Costa Crociere. The ships are expected to be delivered between 2000 and 2003. Costamare Orders Five Ships For $300M Greek ship managing company Costamare Shipping Co. has reportedly placed a $300 mil- lion order for five post-Panamax container ships from Korean yards. The company has apparently ordered the 5,500-TEU ships from South Korea's Hyundai Heavy Industries for delivery in 2000. Evacuation Slide System. Designed specifically for Low Freeboard Ves- I sels, it is a combination slide and platform. It | provides speedy evacuation for all passengers - young, old and physically challenged. US Coast Guard Approved. Evacuation Chute System. The most efficient, easy-to-use, flexible, and cost-effective marine evacuation system avail- able in the world. It evacuates passengers and crew in the shortest possible time. Manufactured to meet or exceed all SOLAS requirements. US Coast Guard Approved The only 100 person IBA manufactured in North America These sturdy platforms are designed for pas- senger carrying vessels operating in protected waters. Fully reversible - it offers instant board- ing, which ever way it inflates. Also available in 10, 25 and 50 person sizes. DOC MARINE SAFETY SYSTEMS 101-3760 Jacombs Road, Richmond British Columbia, Canada V6V 1Y6 Ph. (604) 278-3221 Fx. (604) 278-7812 1-800-931-3221 A division of Dunlop-Beaufort Canada Ltd. sales@dbcmarine.com www.dbcmarine.com Circle 275 on Reader Service Card Maritime Reporter/Engineering News We specialize in high-performance ropes Puget Sound Rope designs, develops and manufactures ropes for high- performance needs...like yours. Our braided rope has proven success. We're experts with face wires, towing hawsers, mooring lines, and chafing systems, to name a few. Our state-of-the-art, strongest prod- uct, Plasma™12-Strand, has proven to be 50% stronger than conventional Spectra® fiber rope, yet 20% lower in cost. Customers around the world depend upon our expertise in rope performance and safety. Contact your distributor or PSR today for specific information on how we can help you. Puget Sound Rope Visit our web site: www.psrope.com tel: 360-293-8488 fax: 360-293-8480 email: sales@psrope.com A SPKTKA Performance UMmdK A. SPECTRA FIBER Spectra®is a registered trademark of AlliedSignal Inc.