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GREAT SHIPS OF 1998 Shipbuilder Samsung Heavy Industries Co. Ltd. Vessel name Deepwater Pathfinder Vessel type Deepwater drillship Owner/ operator Conoco/ R&B Falcon Samsung Heavy Industries has delivered what is reported to be the world's largest drilling ship. The vessel, dubbed Deepwater Pathfinder, is a 103,000-ton ship ordered by a consortium consisting of Conoco and Reading & Bates. The $240-million price tag repre- sents not only the technical com- plexity required to build such an enormous unit, but also represents the highest price for a single ship ever built in South Korea. To put the price in perspective, the $240M price exceeds high-value LNG ships, and is equal to three VLCCs. The ship combines shipbuilding and plant technologies, as the ship and plants were built simultane- ously by Samsung. This is a break from the traditional process, in which orders were received for ship Economic bunkering worldwide MIDDELFART COPENHAGEN Tel: +45 64 41 54 01 Fax: +45 64 41 53 01 TLX: 58253 (BUNKER DK) TLGR: DANBUNKER, MIDDELFART E-mail: middelfart@dan-bunkering.dk Tel: +45 33 45 54 10 Fax: +45 33 45 54 11 TLX: 21248 (DABUNK DK) TLGR: DANBUNKER, COPENHAGEN E-mail: copenhagen@dan-bunkering.com Homepage: www.dan-bunkering.dk Circle 201 on Reader Service Card ADRICK MARINE CORPORATION 81 Mahan Street West Babylon, NY 11704 Call (800) 326-ADRICK (516) 491-9475 FAX: (516) 491-9478 AIR CONDITIONING REFRIGERATION ADRICK COOLING CORPORATION 34 Circle 281 on Reader Service Card Complete Marine Refrigeration Systems Air Conditioning Compressor and Chiller Units Reefer Cargo Box Installation/Repair • Ships Air Conditioning Units • Walk-in coolers and freezers • Portable reefer storage units • Portable A/C dockside systems • Control room dehumidification systems • Self contained A/C uprights and compacts • Fan coil units • Fiber glass panels with wire mesh • Ship stores refrigeration unit • Reefer cargo box doors • Door gaskets Whatever Your Application It Pays To Contact ADRICK MARINE CORPORATION CALL US To Put ADRICK'S INNOVATION To Work For You and plant separate- ly. Deepwater Pathfinder mea- sures 726.7 x 65.6 x 42.6 ft. (221.5 x 20 x 13 m), and is pow- ered by Wartsila main engines. The vessel's drilling equipment can reach down to an oil well 3,000 m deep, 8,000 m from the sea bottom and 11,000 m from the sea level, drilling crude oil and natural gas in a depth deeper than 8,848 m. Built in the double hull struc- ture, the ship is operated by a floating system which is run by an electric propulsion system. It is a next-generation ship designed for stable operation, using a Dynamic Positioning system to prevent rolling in inclement marine envi- ronment. The vessel can move at a speed of 12 knots or higher, even with the drilling plantloaded, and is partic- (Continued on page 53) WE TAKE THE LIBERTY TO RESERVE THE BEST FOR YOU