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Workboat Report WILLARD 32' KINGSTON CLASS PATROL RIB Smart Strain Gauge Level Sensor with Generic 4-20mA Output Founded 1957 High performance with twin diesels and water jet drives, foam tube tendering system, trailerable, fits into the C-130 transport. Several under construction. Listed on the Willard Marine GSA contract. Design by Metalcraft Marine. WILLARD MARINE, INC. 1250 N. Grove Street, Anaheim, CA 92806 • 714-666-2150 • Fax 714-632-8136 Web site: willardmarine.com • E-mail: webmaster@wiilardmarine.com Leading U.S. Builder of RIB's, Solas Rescue Boats, Navy Ship's, Boats, Water Taxis, Underwater Viewing Vessels, Pilot Boats and Other Small Craft up to 75'. Call today for more information! ELECTRONIC MARINE SYSTEMS, INC. 800 Ferndale Place Rahway, NJ 07065 732.382.4344 732.388.5111 fax emsmarcon@aol.com e-mail http://www.emsmarcon.com The cyclical nature of the oil business has blossomed into full bloom during the latter part of 2000, as a host of political power plays have sent oil prices on a virtual rollercoaster, albeit most- ly up, helping to send it soaring as high as $37/barrel at the time of this writing. The business of accurately pre- dicting the direction in which oil pricing will go has seemingly become less of a science and more of a speculative game. While it was the Asian financial crisis which led prices to the cellar in 1997, it is another crisis — the potential advancement of hostili- ties in the Middle East — which have helped to send the price back up to near decade (read: Gulf War) heights. Combined with uncer- tainties regarding the severity of the upcoming winter, quickly ris- ing marine freight rates, extreme- ly low oil stocks and concerns about quickly escalating natural gas prices, the market is consid- ered tight and rather fragile Throw in the old standbys of OPEC power playing and elec- tion-year politics, and the result is a bevy of market forces pulling oil Many Options Use one sensor for all shipboard liquid levels This technology has been designed specifically for surviving the rigors of ballast tank continuous monitoring. It weighs less than 2 oz. and is con- structed from 100% pure titanium. • It's the size of your thumb • Accuracy .25% of full scale • 100% Titanium • Weighs less than 2 oz. • ABS/USCG/Lloyds approved • FM Class 1, Div. 1 Intrinsically Safe • Removal without tank entry • No mercury or other contaminants • Interfaces to your existing monitoring system • One sensor for all shipboard liquids: fuel oil, lube oil, fresh water, black water, etc. • Generic 4-20 mA output • Used in 15,000 tanks worldwide ABS Group has secured the industry's first contract for an integrated, risk-based inspection (RBI) for the 100,000-bpd Petrobras P-35 floating production/ offloading and storage facility permanent- ly moored in the Campos Basin off Brazil — Marlin Field, in 2,788 ft. of water, (see story page 40) Circle 364 on Reader Service Card Circle 244 on Reader Service Card