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Offshore/Gulf of Mexico Report Delmar, Shell E&P Set World Record Delmar Systems and Shell Exploration & Production established a new world- record depth for moored vessels using suction anchor technology in the Gulf of Mexico. The Transocean fifth genera- tion semi-submersible rig, Deepwater Nautilus, was moored in 8,951 ft. of water in Lloyd Ridge Block 399 with the deepest anchor at 9.205 ft. The ultra- deepwater mooring project was accom- plished using high-strength synthetic mooring rope connected to suction anchors. The suction anchors were pre- installed using only one anchor-han- dling vessel, the Laney Chouest, owned by Edison Chouest Offshore. The eight mooring legs were then connected to the rig later using lighter weight polyester rope and the patented Delmar Subsea Connector. The reduced weight of the polyester rope increases the rig's vari- able deck load, permitting the rig to anchor in deeper waters. Circle 44 on Reader Service Card Dreyfus Buys Lowery Brothers Rigging Center Dreyfus-Cortnev, Inc. (Dreyfus) signed a definitive agreement to pur- chase the operations of Lowery Brothers Rigging Center, Inc. For over 50 years, Lowery and Dreyfus have each been leaders in their respective fields, supply- ing a variety of lifting, mooring and related products to domestic and inter- national customers in the marine, con- struction. industrial and oil and gas industries. Dreyfus expects to close the transaction, subject to the satisfaction of several conditions and contingencies, as soon as possible. The Lowery operation will be integrated with the Dreyfus busi- ness at its existing facility at 2121 Poland Avenue in New Orleans. Circle 98 on Reader Service Card HOS Buys Boats Hornbeck Offshore Services, Inc. exercised its option to purchase the HOS Hotshot, a new 165-ft. fast supply boat that it has been operating under a bare- boat charter since it was delivered in April 2003. HOS also entered into a definitive agreement to purchase two 6,000 hp ocean-going tugs that were built in 1983. Hornbeck expected to close the tug acquisitions by the end of June 2004, at which time the vessels will be converted for service in the compa- ny's U.S. transportation fleet. The aggre- gate purchase price and conversion cost of the three vessels is expected to be $12.6 million. Carl Annessa. Vice President and July 2004 COO of Hornbeck, added. "As we reported on our last conference call, we are acquiring these two higher horse- power tugs to "power" the large double- hulled tank barges that we currently have under construction for delivery late this year." CfHAT jv.n r\ I GOM Contraction Drives Global from Market Global Industries, Ltd., in a letter to its customers, said that it is no longer will- ing to slash pricing and accept the often onerous terms and conditions required by many operators in the Gulf of Mexico. "As our market indicators reflect continued lack of near-term off- shore construction opportunities, we must take these measures to ensure rea- sonable levels of profitability," said William J. Dore, Global's Chairman of the Board and COO. HARDING We can handle all your service needs worldwide First in Marine Evacuation Systems • Nine Locations Worldwide • Lifeboat Systems • Freefall Lifeboats • Used Lifeboats NEW SOLAS/USCG APPROVED 4.5M RESCUE BOAT Circle 262 on Reader Service Card Gas Generation Systems -- 600 Permea Maritime Protection inert gas systems! - 300 Shipboard nitrogen systems! - 90 Offshore nitrogen systems! AIR .A PRODUCTS AIR PRODUCTS AS P.O. Box 8100 Vagsbygd, N-4675, Kristiansand S.. NORWAY Telephone: +47-380-39900 Telefax: +47-380-11113 E-mail: airproducts@on1ine.no Smart Strain Gauge Level Sensor with Generic 4-20mA Output 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/U SCG/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 Many Options S ELECTRONIC MARINE SYSTEMS. INC. 800 Ferndale Place Rahway, NJ 07065 Call today for more information! 732.382.4344 732.388.5111 fax emsmarcon@aol.com e-mail http://www.emsmarcon.com Circle 202 on Reader Service Card Circle 220 on Reader Service Card 25 Davits and Winehes After Sales and Service Spare Parts