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News Leif Hoegh Concludes Exit From Reefers Leif Hoegh & Co. ASA (LHC) has sold its 36 percent shareholding in Lady Navigation Inc. to Frigo Navigation Ltd. on private terms. Lady Navigation Inc. owns the two reefer vessels Lady Racisce and Lady Korcula. The "Lady" vessels were built in 2000 and have a capacity of 590,000 cu. ft. Transfer of the shares in Lady Navigation Inc. to the new owner was concluded on June 30, 2003, and marks LHC's final exit from the reefer seg- ment. LHC sold its commercial reefer operation. Cool Carriers, to J.Lauritzen in 2000. LHC had at the time owning interests in 15 reefers that continued to be commercially operated by LauritzenCool. All vessels have now been sold, with the last being delivered to new owners during the third quarter. Sperry Marine to Install for Color Line Ferry today. This repository contains pub- lished studies, reports, and ongoing research results by leading experts. Kongsberg Maritime Restructures The restructuring of Kongsberg Maritime officially came into force on July 1, 2003. The subsidiaries Kongsberg Simrad, Kongsberg Maritime Ship Systems (KMSS) now come under the Kongsberg Maritime banner in a move to ensure greater knowledge and resource distribution throughout all sectors within the compa- nies. The ultimate goal is greater syner- gy between divisions in order for Kongsberg Maritime to provide the marine industry with the very best in complete electronic solutions — essen- tially 'The Full Picture.' The restructur- ing does not affect Kongsberg Seatex (AS) or Simrad (AS), both of which will continue trading purely as subsidiaries of Kongsberg Maritime. Circle 94 on Reader Service Card Color Line has selected Northrop Grumman Corporation's Sperry Marine business unit to supply navigation and communication systems for the world's largest cruise ferry, under construction at the Kvaerner-Masa-Yards in Turku, Finland. Sperry Marine will supply a complete suite of bridge electronics, including a four-station integrated navi- gation system with type approved elec- tronic chart display and information sys- tem, three BridgeMaster E radars, dual fiber optic gyrocompasses, dual NaviPilot 4000 autopilots, steering con- trols, a SRD 500 dual-axis speed log, a central alarm manager and a communi- cation station meeting Global Maritime Distress and Safety System standards. Sperry Marine will also provide support for installation, commissioning, inter- facing, training and onboard service for the equipment. The new 74,600-gt cruise ferry is scheduled for completion in December 2004. Circle 34 on Reader Service Card Mar Ad Creates Inland Waterways Website MarAd has created the Inland Waterways Research Project Website, www.marad.dot.gov/iwrp, a comprehen- sive source of the most current inland waterway information available online August 2003 Cruise, Ship Terminal Foam Filled Marine Fenders Marine Guard" The Ultimate Protector for Ships, Harbor Craft, Wharves & Piers. • Construction complies with United States Navy and Coast Guard Specifications. • Core consists of closed-cell, resilient, energy absorbing foam, covered with a protective, seamless polyurethane elastomer skin. • Filament nylon tire cord reinforcement is continously wound in the skin for added strength and durability. • Will not mark or scratch vessel hulls. • Constructed with integral swivel end fittings, internally connected with a heavy duty chain. • Easy to install with very little maintenance. • Hull conforming design • Light weight and extremely buoyant with a lower reaction force than either hard rubber or pneumatic fenders. (Almost 40% higher energy absorption than pneumatic fenders.) URETHANE PRODUCTS CORPORATION 800) 913-0062 Stocking Distributors: Waterman Supply Company 910 Mahar, Wilmington, CA 90744, U.S.A. 1-800-322-3131 Tel (310) 522-9698 • Fax (310) 522-1043 Anchor Marine & Industrial Supply, Inc. 6545 Lindbergh, Houston, TX 77087, U.S.A. 1-800-233-8014 Tel (713) 644-1183 • Fax (713) 644-1185 URETHANE PRODUCTS CORPORATION • 9076 ROSECRANS AVENUE • BELLFLOWER • CALIFORNIA • 90706 1-800-913-0062 • 1-562-630-4982 • Fax 1-562-630-6974 • www.urethaneproducts.com Circle 262 on Reader Service Card 13
