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HUGE 2-DAY ABSOLUTE AUCTION GREAT SHIPS OF 1998 newbuild to entirely encapsulate the innovative double-acting operating principle developed by Kvaerner Masa-Yards, employed for some years to good effect in a pair of modified, Arctic-going products tankers. Central to the arrangements is the adoption of the revolutionary Azipod diesel- electric propulsion system. Constructed at the Helsinki premises of Kvaerner Masa- Yards, and symbolizing the pro- duction versatility of a builder currently occupied with luxury cruise ship construction, Arcticaborg and her consort have recently been delivered to Wagenborg Kazakhstan, a new affiliate of the Dutch dry cargo and short-sea trade specialist Wagenborg Shipping. The project has been under- written by employment guaran- tees, in the shape of long-term charter agreements with Offshore Kazakhstan International Operating Company (OKIOC). Partners in the OKIOC con- sortium include Shell, (Continued on page 62) OVER 1500 LOTS by Order of U.S. Bankruptcy Court Complete Liquidation of Dreadnought Marine, Inc. January 20th & 21st, 1999 * 10:00 AM 3200 Princess Anne Rd, Norfolk, Virginia MACI has been commissioned to sell the assets of Dreadnought Marine, Inc at ABSOLUTE AUCTION. Dreadnought employed over 400 employees performing ship repairs and metal fabrication for its clients. This presents an excellent opportunity to purchase machine shop, sheet metal, welding, gas free, and marine equipment. Don't miss this auction! Highlights Include: (21 CNC Vertical Machining Centers: '95 Fadal VMC40/20, '93 Fadal VMC 15 CNC Horizontal Machining Center: Takisawa TS-20 CNC Tueming Center: Nakamura-Tome Slant-1 Plus: 12 Engine Lathes, 5 Vertical Mills, 2 Horizontal Mills, Vertical Turret Lathe, Gear Cutter, Mag. Drills, 4 Grinders, 3 Sanders, Keysetter, 9 Jib & Bridge Cranes, 3 Hyd. Presses, Forklifts, 2 Generators, Paint Booth, Hyd. Pullers, Machine Accessories, 6 Flame Spray Units, 40 Welders/Plasma Cutters, SandBlast Equipment, Radial Drill, Ironworkers, Plate Rolls, 3 Shears, 200-Ton Press Brake, Finger/Bending Brakes, 10 Air Compressors, Gas-Free Equipment, 100's of Hand & Power Tools, Torches, Pipe Equip. & Supplies, Office Equipment, Computer Equipment, 20+ Sea-Vans, 5'xl0' Fenders, 1000's Feet Hose, & Much More 10% Buyer's Premium Applies to all Purchases Call for Color Brochure & Complete Terms All Equipment Sold As-Is, Where-Is $200 Refundable Cash Deposit or Bank Letter of Guarantee Required to Register MACI Auctioneers Int'l 804-355-2100 * 804-359-6954 Fax 4402 West Broad St., Richmond, VA 23230 VAAL #16 Circle 312 on Reader Service Card Shipbuilder Kvaerner Masa- Yards Vessel name Arcticaborg Vessel type Icebreaking Owner/ operator Wagenborg Kazakhstan BV Taking Finnish icebreaking technology and Dutch operating know-how into the land-locked Caspian Sea, the support vessel Arcticaborg and sistership Antarcticaborg have ushered-in a new era in ensuring year-round supply lines to Kazakhstan's off- shore oil industry. The remarkable new breed of vessel has a draft of only 9.5 ft. (2.9m), as it will tend platforms located in water depths of less than 16.4 ft. (5m), and has excep- tional ice-forcing capability as well as maneuverability to ensure dependable service in the difficult conditions that can be encountered in the northern Caspian. Arcticaborg is the first MAIN OFFICE SALES OFFICE Bristol, PA Chesapeake, VA (215) 788-9242 (804) 686-1370 FAX (215) 788-9244 FAX (804) 686-1376 E-Mail: sales@railwayspec.com Circle 276 on Reader Service Card Manufacturers of Watertight: Doors, Hatches, Scuttles Parts & Components
