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50 YEARS EXPERIENCE IN ENGINEERED KEEL COOLING 1716 11th Avenue, Menominee, Ml 43858 Ph: 906-863-5553 Fax: 906-863-5634 Gets $ MOM VLCC icts i Engineering and Heavy ies Ltd. won a $140 million ilding contract with orff. Halla will build two )-ton VLCCs, scheduled to vered in the first half of the year fell 21.9 percent year-on-year to 6.83 million gt, the Korea Shipbuilders Association said. The association said orders during the same nine-month period of 1997 were 8.75 million gt. Foreign ship orders won in September totaled 299,500 gt, 15.7% of the amount for the same month of 1997. Pride Completes Rig Acquisition Pride International, Inc. com- pleted the purchase of the M.S.V. Amethyst, a dynamically posi- tioned, self propelled semisub- mersible drilling rig capable of working in water depths of up to 4,000 ft. The rig is currently work- ing offshore Brazil for Petroleo Brasilerio S.A. under a charter and services contract that expires in 2001. )00. aland Finalizes -on Order ! Caland NV won a five-year contract from Chevron unit OC Ltd. A consortium, led tC's subsidiary SBM, will i floating production, storage tffloading system to CAB- to be used off the Angolan The other consortium mem- ire ABB and Coflexip. ecin Shipyard Signs )M Dutch Deal jcznia Szczecinska and Dutch iwner Spleithoff achtinskantoor signed a con- worth more than $120 mil- for the construction of four i-purpose 19,200-dwt ships. isCoastal Marine is Four Contracts ouston-based TransCoastal ine Services Inc. won four new line and fabrication contracts, o be performed by year-end in U.S. Gulf Coast region. The gnments have a combined le exceeding $8 million. f Hoegh Sells Ships Oldendorff ^eif Hoegh & Co.'s sold parts of Hoegh Lines division to •man shipping firm Egon lendorff (OHG). The sale will ortedly cover sale of the Liner •vice of Hoegh Lines and four ilti-purpose vessels. Oldendorff uld buy the vessels Hoegh Duke, egh Dene, Hoegh Drake and
