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16 Maritime Reporter & Engineering News Saverco and Victrix with shareholdings of just over 33 percent and 12 percent, respectively. Exmar Signs Contracts EXMAR has signed a newbuilding contract for two Very Large Gas Carriers at Daewoo Shipbuilding and Marine Engineering Co. of South Korea. The newbuildings will have a capacity of 84,000 cu. m. and the first vessel will be delivered in the first half of 2008. EXMAR currently controls a combined fleet of 60 gas carriers servicing the entire gas product range worldwide. Euroceanica Acquires Seven Chem Tankers Euroceanica (UK) Limited agreed to purchase seven modern chemical tankers from Finaval S.P.A., of Rome. The vessels will be chartered back to Finaval for periods of up to one year to complete their existing charters. It is then the intention of Euroceanica to maintain the chemical tankers within a time charter portfolio with leading inter- national and Italian charterers. The chemical tankers, which all fly the European Flag, are to be technically managed by V.Ships. The Company says it hopes to come to an arrangement with FINAVAL on retaining current crews to continue service on board the vessels. Vessels to be acquired by Euroceanica (UK) Limited Name Year Built DWT Isola Atlantica . . . . . . .2000 . . . . . . . . . . . .16,631 Isola Azzurra . . . . . . . .1997 . . . . . . . . . . . .13,843 Isola Amaranto . . . . . .1999 . . . . . . . . . . . . .9,931 Giovanni Fagioli . . . . .1998 . . . . . . . . . . . . .9,554 Isola Ambra . . . . . . . . .1998 . . . . . . . . . . . . .8,053 Isola Corallo . . . . . . . .1999 . . . . . . . . . . . . .4,470 Isola Mora . . . . . . . . . .1998 . . . . . . . . . . . . .3,746 Bulbous Bow Delivered The bulbous bow of Costa Crociere's new flagship Costa Concordia, due to enter into service by the end of spring in 2006, has been delivered today to Fincantieri's Genoa Sestri Ponente ship- yard. The bulbous bow, which left Fincantieri's Ancona yard where it was built, weighs 406 tons, and is 32 m long and 11.5 m high. It was transferred by sea to Sestri Ponente yard where the ship will be completed. The 112,000-ton Costa Concordia will be Italy's largest cruise ship, 290 m in length, with 1,500 cabins and total capacity of 3,800 pas- sengers. GlobalWatch TM AIS takes the guesswork out of vessel identification. It’s easy to interface it with your AIS-compatible Electronic Chart System, and it clearly displays all sorts of critical navigational information. You’ll instantly see data like the name, MMSI, draft, length, and destination of all the ships in a radius of up to 30 miles. Even dynamic data such as a ship’s position, speed over ground and heading are shown. The information is real time because it’s refreshed constantly. GlobalWatch adds “intelligent”, dynamic data to your chart overlays. It even offers simple text messaging on a computer-like keypad, instead of the cum- bersome 9-key phone pad found on other AIS units. Just think of the benefits. You can easily navigate through heavily-trafficked commercial ports. “See” around bends in rivers to avoid near misses or collisions. Identify the position of nearby vessels in dense, blinding fog. GlobalWatch will radically change the way you view bridge electronics. And best of all, it’s built by a name you already know and trust – ACR. YOUR ULTIMATE WAY OUT ACR Electr onics, Inc. is r egister ed by UL to ISO 9001: 2000 A Chelton Group Company ACR Electronics, Inc., 5757 Ravenswood Road, Fort Lauderdale, FL 33312, U.S.A. For information call (954) 981-3333 • e-mail: info8@acrelectronics.com • www.acrelectronics.com Two ships passing in the night are no longer nameless. Mandated for commercial vessels; a must-have for luxury yachts Circle 202 on Reader Service Card News MR APRIL 2005 #2 (9-16).qxd 4/1/2005 2:50 PM Page 8