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MARINE FINANCE Austal Ships Wins New Caledonia Contract v __ x I l^" Western Australian shipbuilder Austal Ships has won a contract to build a 171 ft. (52 m) high speed passenger catamaran for operation in New Caledonia. The vessel is being purchased by the Loyalty Islands of New Caledonia and will be operated on routes from Noumea to these easterly islands by Compagnie Maritime des lies (CMI). Designed to carry 366 pas- sengers and ten cargo crates, the aluminum catamaran will be pow- ered by four MTU 12V 4000 M70 series engines to deliver a fully loaded speed of 34 knots. The ves- sel, scheduled for delivery in Sep- tember 1999, will be classified by Bureau Veritas. Cory Towage Upgrades Mersey Fleet Cory Towage has purchased a 48 ton bollard pull stern drive tug from Japan, Senho Maru. It was built in 1992 and is currently being dry-docked in Yokohama for modifications before making the voyage to the U.K. Renamed Ash- garth, the 3,600 bhp azimuthing FiFi tug is expected to arrive in Liverpool in December. Modifica- tions include the fitting of bul- warks, changes to the accommoda- tion to meet MCA requirements and the addition of a sea towing winch on the main deck. Cory Towage is also upgrading its 50 ton bollard pull tug Oakgarth with a 315 hp bowthruster providing five to eight tons sideways thrust and complementing the existing azimuthing stern drive propulsion system. KCS Wins Major Korean Contract Hanjin Heavy Industries has chosen the Tribon 4 shipbuilding system from Kockums Computer Systems (KCS) for design and pro- duction of ships at its Youngdo Shipyard in Pusan, Korea. The shipbuilding company has pur- chased the Initial Design, Initial Structural Design, Hull, Work Preparation, Production Data December, 1998 Interface, Vitesse and the complete Outfitting applications of Tribon 4. Diamond Offshore Contracts Awarded The Red Fox Companies of New Iberia, a subsidiary of TransCoastal Marine Services, Inc. has won two contracts from Diamond Offshore Drilling, Inc. The first project includes modifica- tions to its semi-submersible drilling rig Ocean Ambassador. The vessel will be docked at the Michoud yard in New Orleans for piping repairs and modifications requiring both ABS and U.S. Coast Guard inspections. The second is for prefabrication of four transition zone column sponsons for the Ocean America. Sponsons will be prefabricated at the France Road Yard. High-Level Alarm With No Moving Parts ! This technology was designed specifically for shipboard use to last the life of the hull. • Constructed of teflon and stainless steel. • Self-test meets requirements for closed tank gauging. • Intrinsically safe. • ABS and USCG approved. • Self-cleaning. • Can be replaced on-deck with no tools in less than a minute without venting to atmosphere. • Multiple display options. • Big Blue compatible. • Embedded pump control capability. • Mates to a standard four inch butterworth flange 's Call today for more information I ELECTRONIC MARINE 732.382.4344 SYSTEMS, INC 732.388.5111 fax 800 Ferndale Place emsmarcon@aol.com e-mail Rahway, NJ 07065 http://www.emsmarcon.com Circle 224 on Reader Service Card 13 Circle 257 on Reader Service Card GRP - ask us about it Quality standard EN ISO 9002 implemented. DnV approved. LIBRA DOORS LI BRA-PL AST AS N-6060 Hareid, Norway Tel. +47 70 09 54 00 - Fax +47 70 09 54 01 E-mail: office@libra.no V-MA INTEGRATED VESSEL MONITORING, Alarm & CONTROL SYSTEM The Smart-looking, Hard working DataStar V-Mac 5500. The most fully- featured Vessel Monitoring and Control System in the world! Check this out... DataStar Marine Products Inc Tel: (604) 990-6900 Fax: (604) 990-6890 e-mail: info@datastarmarine.com http://www.datastarmarine.com • Supervises all onboard alarm conditions: - Fire, Flood, Intrusion (security), Nav Lamp fail, Fumes, etc. | • Monitors engines, gensets, power, pumps and tanks • Logs all events • Accepts any sensor type - Up to 248 Input Zones • Completely programmable • Extremely affordable • Available now! Circle 218 on Reader Service Card