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Investment in Design million in the company's R&D facilities worldwide, including further develop- ment of the modern site at Koje Island, within the Korean shipbuilding heart- land. Additional work has also been carried out at the Asia Pacific Technical Center (APTECH) in Jurong Town, Singapore. The commitment to Tyneside, the fountainhead of International Coatings' technology and manufacturing opera- tions, and one-time shipbuilding giant, has particular significance given the migration of commercial shipbuilding activity to the orient. However, the Felling plant, one of 19 manufacturing facilities worldwide, has already demonstrated an ability to maintain keen competitiveness without the benefit of critical mass in the domestic market, through its current, annual output of around 30-million liters of paint for the European market at large. As home to Dutch-based owning group Akzo Nobel's Marine and Protective Coatings business unit, Felling has more than 100 qualified research staff, a highpoint of whose work has been the development of the revolutionary Intersleek technolo- gy. The new Felling laboratory will play a signal role in maintaining the technical endeavors which underpin the compa- Mitsui Develops High Efficiency Engine Mitsui Engineering & Shipbuilding Co. reported- ly has developed what it claims is the world's most efficient 1,000-kW gas engine, according to wire reports. Mitsui Engineering said it will begin taking orders this month for the new engine, which has a power generation efficien- cy of 42.5 percent and is designed to be used in a private power generation system in mid- size and small buildings like hospitals or small factories. Mitsui Engineering said natural gas will be used as fuel for the new engine to help minimize toxic emissions. The company has already commercialized a cogeneration system featuring diesel engines. This time, it devel- oped the gas engine based on a diesel engine manufactured by Daihatsu Diesel Mfg. Co., a unit of Daihatsu Motor Co. Daewoo wins $1.1B LNG Orders Daewoo Shipbuilding and Marine Engineering won orders worth $1.1 billion for four LNG ships. Norway's Bergesen apparently is the buyer for three of the ships. New Joint Venture to Build LNG Ships Itochu Corp. and Mitsui O.S.K. Lines Ltd. Have apparently reached an agreement with Sonatrach, an Algerian state-owned oil and gas company, to build and operate ships to trans- port LNG. The three and a marine transport unit of Sonatrach will set up a company to build two 75,500-cu. m. LNG carriers. Japan's Universal Shipbuilding Co. will build the two carriers in 2007 and 2009, wire reports said, adding the carriers will be lent to Sonatrach for LNG shipping to Greece, Italy, Spain and other countries on the Mediterranean coast. ny's leading global market position in the field. It will focus on the formulation of innovative antifouling technologies, newbuild coatings and maintenance and repair coatings for the shipping and yacht markets. "Innovation means keep- ing one step ahead of customer require- ments," observed Rudy van der Meer, member of Akzo Nobel's board of man- agement responsible for coatings. "It should not only enable them to increase efficiency and productivity, but also to reduce costs," he added. Leif Darner, general manager of the Marine & Protective Coatings business unit, said "The existence of a worldwide network of integrated, first class labora- tories capable of developing and testing products to the highest international standards is central to our ability to respond quickly to the constantly chang- At New ^jbrk Waterway; we're considered part of the family The hard working ferries of New York Waterway need to perform safely and reliably all day, everyday. That's why New York Waterway vessels use the latest technology from Hamilton Jet. No other waterjet propulsion system is as widely used and supported around the world. So, if you're thinking about growing your family, trust Hamilton Jet to be there for you. Head Office C.W.F Hamilton & Co. Ltd. P0 Box 709, Christchurch, New Zealand. Phone: +64 3 348 4179, Fax: +64 3 348 6969, Email: marketing@hamjet.co.nz U.K. Office HamiltonJet (U.K.) Ltd. Unit 4a, The Birches Industrial Estate, East Grinstead, West Sussex RH19 1XZ, United Kingdom. Phone: +44 1342 313 437, Fax: +44 1342 313 438, Email: sales@hamjetuk.com U.S.A. Office HamiltonJet Inc. 1111 N.W. Ballard Way, Seattle WA 98107, United States of America. Phone: +1 206 784 8400, Fax: +1 206 783 7323, Email: maiketing8hamiltonjet.com, Website: www.hamiltonjet.com Hamilton www.hamjet.co.nz July 2004 Circle 224 on Reader Service Card 31
