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4 Maritime Reporter & Engineering News Circle 255 on Reader Service Card Leading Off NASSCO, Daewoo Team to Build Jones Act Ships General Dynamics NASSCO and Daewoo Ship Engineering Company (DSEC), a wholly owned subsidiary of Daewoo Shipbuilding and Marine Engineering (DSME) based in Busan, Korea, announced a formal teaming agreement to build ships for the U.S. market under the Jones Act. Under the agree- ment, DSEC will provide the detail designs, support services and some of the material necessary for ship production. NASS- CO will also procure material and will provide the labor and facilities to construct the ships here. "NASSCO is teaming with a world-class ship design and construction support company to address an important market for this shipyard," said Frederick J. Harris, president of General Dynamics NASSCO. "This extraordinary partnership with DSEC will help NASSCO retain its position as a leading builder of ocean-going Jones Act ships." "We are very much impressed by NASSCO's naval ship- based advanced technology, management system and well- organized personnel, as well as its business strategy," said In- Sung Lee, president and CEO of Daewoo Ship Engineering Company. "We believe this collaboration could be a corner- stone for U.S.-Korean shipbuilding partnerships as well as build upon both companies' remarkable records in the market." DSEC was founded to contribute to the shipbuilding industry in accordance with the global network business plan of DSME. It supplies an integrated shipbuilding engineering package that is composed of ship design, procurement and inspection serv- ices to overseas shipyards, based on DSME's experience. The Motor Vessel Hyundai Fortune burns in the Gulf of Aden, approxi- mately 43 miles off the coast of Yemen. The Royal Netherlands Navy ship HNLMS De Zeven Provincien (F802) and the command ship of Combined Task Force 150, rescued 27 people from Hyundai Fortune while conducting maritime security operations (MSO) in support of Operation Enduring Freedom in the area. (Photo courtesy of the Royal Netherlands Navy) Maritime Meanings Dingbat Also “dingbats.” A sailor’s slang term for a mop made out of old rope-ends and used for swabbing the deck and other areas. The origin of the phrase is obscure; it is used today to describe a con- dition of being rather eccentric or uncontrolled in speech or actions, to be silly or dopey. The allusion is probably to the more or less uncontrollable teased-out fag-ends of rope being slapped around by the action of the mop. American usage is similar: the reference is to someone who is flightly and foolish, especially women. It is revealing of our values that the English language con- tains a disproportionately large number of slang terms that describe wit — or, rather, the lack of it — in our fellow man. Source: An Ocean of Words: A Dictionary of Nautical Words and Phrases, by Peter D. Jeans; Birch Lane Press , 1998 Iran Claims “World’s Fastest” Torpedo Iran has reportedly test-fired a sonar- evading underwater missile that can outpace any enemy warship, the Washington Post reported. Iran officials claim to possess a mis- sile which goes as fast as 100 meters per second and that the boats that can launch this missile have a technology that makes them stealthy and undetectable. State tele- vision described the missile as the world's fastest. MR APRIL2006 #1 (1-8).qxd 4/4/2006 11:17 AM Page 6
