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Marine Finance Coflexip Stena Orders New Ultra Deepwater Drillship Coflexip Stena Offshore came to an agreement with Hyundai Mipo Dock- yard for the construction of its newbuild ultra deepwater pipelay and construc- tion vessel, scheduled to begin opera- tions in the second quarter 2001. The future multipurpose vessel, which will be named later on, is designed for subsea construction and for laying rigid and flexible pipe and umbilicals down to 2,500 m. The newbuild will offer a wide range of capabilities covering subsea construction and installation in any deep and ultra deepwater fields in West Africa, the Gulf of Mexico and Brazil. Groupe Desgagnes Expands Fleet Group Desgagnes marked the Canadi- an registration of a new oil tanker pur- chased in China, as well as a Russian vessel purchased in August 1996. Con- structed in China at the Qiu Xin ship- yard in Shanghai, Maria Desgagnes is a technology-driven double-hulled, ice class 1A, type 2 oil and chemical tanker that can carry 12 types of cargo at once. Featuring a total capacity of 15,570 cu. m. and measuring 394 ft. (120 m) in length, the vessel will be chartered by Petro-Nav for the development of bulk liquid transport side of the business. Groupe Desgagnes also recognized the Canadian registration of M/V Anna Desgagnes (formerly Truskavets), a Russian ship acquired in late 1996. This ice class 1A ship is powered by a 10,330-bhp engine and has a total capacity of 24,935 cu. m. Alton Belle Undergoes Conversion M/V Alton Belle, the former 156 ft. (47.5 m) casino vessel is being convert- ed to dinner cruise service by Cape Fear Riverboats of Wilmington, N.C. Renamed Henrietta III, the vessel's engineering will be completed by DeJong & Lebet Naval Architects. The vessel operated for several years in Alton, 111. after undergoing a lengthen- ing and conversion for casino service in 1991. This conversion will be DeJong & Lebet's second casino into dinner vessel conversion — the first was for Celebra- tion Cruises' Joe Schadler, which was later renamed Celebration Belle. Baltimore Marine Industries Awarded Various Contracts Baltimore Marine Industries (BMI) has been granted several new contracts for ship work, including one valued at more than $2 million for the drydocking October, 1999 and maintenance of USNS Butte, an ammunition ship from the U.S. Navy's Military Sealift command fleet. Other contracts include: drydocking and main- tenance of Carnival Cruise Line's MS Imagination ($500,000); drydocking and overhaul of USNS Kanawha, a Mil- itary Sealift Command fleet oiler $3 million); drydocking and maintenance of Princess Cruise Lines' MS Royal Princess ($1 million); and the drydock- ing and maintenance of Maersk Line's Maritime Prepositioning Ship (MPS) M/V CPL. Louis J. Hauge (the $3 mil- lion contract also provides for work on each of three additional MPS vessels). Con-Tech Granted Contracts From Nigerian Navy Con-Tech Power Systems has been awarded contracts from the Nigerian Navy for engineering and products required for the Naval vessel NNS Ofiom. 17 Smith Berger Marine, Inc. The leader in deck hardware for over 60 years. Fairleads and Deck Sheaves are IN STOCK at the following locations: PACIFIC NORTHWEST CALIFORNIA and TEXAS GULF COAST Rasmussen Equipment Co. - Seattle, WA 1 -800-227-7920 FAX 1 -206-762-5003 Waterman Supply Co., Inc. - Wilmington, CA 1 -800-322-3131 FAX 1 -310-522-1043 Rasmussen Equipment Co. - Belle Chasse, LA 1 -504-392-0442 FAX 1 -504-392-0107 Call for competitive prices and immediate delivery on Smith Berger Fairleads and Deck Sheaves. Also call for: • Pedestal Roller Fairleads • Four Roller Fairleads • Flag Blocks • Chain Stoppers • Towing Pins Stern Rollers • Custom-engineered equipment to your specifications Smith Berger Marine, Inc. 7915 10th Ave. S. Seattle, WA 98108 1-888-726-1688 206-764-4650 Fax:206-764-4653 E-mail: sbm@smithberger.com BALANCED HEAD FAIRLEADS MODELS MD-610, MC-622 AND MD-665 Circle 302 on Reader Service Card Circle 311 on Reader Service Card Marine s Pack your stern tube with grease-free GFO* fiber packing and forget about it until the next scheduled haulout. Here's a proven long-lasting high-tech marine packing that's virtually maintenance free and hardly ever drips. It runs cooler than flax, and never gets hard or abrasive, so shaft damage is a thing of the past. Put an end to your packing problems, and start experiencing cost savings today. Call 800-455-2791 for more information or to order GFO fiber marine packing. GORE, Creative Technologies Worldwide GFO and the marine service packing logo are trademarks of W. L. Gore & Associates, Inc. c1998 W. L. Gore & Associates, Inc. W. L. Gore & Associates, Inc. Sealant Technologies Group P.O. Box 1010, Elkton, MD 21922 Fax 410-392-4817 yj/