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MarAd News MarAd Approves Financial Aid For New U.S.-Built Merchant Ship MarAd has approved an applica- tion for aid in financing a new ocean- going merchant ship being built in an American shipyard, acting mari- time administrator Joan B. Yim announced. The application was filed by Sul- phur Carriers Inc., a wholly owned subsidiary of International Shipholding Corp., under MarAd's federal ship financing (Title XI) pro- gram. Under the program, the gov- ernment guarantees debt obligation allowing owners to obtain financing for American-built vessels. The approved guarantee is for about $43 million, which is 75 per- cent of the ship's estimated actual cost of approximately $58 million. The ship, a 525-foot, 24,000-dwt sulphur carrier being built for Sul- phur Carriers by McDermott, Inc. in Morgan City, La., is scheduled to be delivered in July 1994. The ship will operate under the American flag with an American crew, and will replace a foreign-flag ship now operating under special permission in U.S. domestic trade. MarAd Accepts Bids For 12 Vessels The Maritime Administration has accepted bids for 12 vessels which were offered for sale for scrapping under Invitation for Bids No. EXC- 8628. Company Vessel Price California Import & Lakewood Victory $368,512 Export Inc. 11 Colonial $353,725 Chenco Berea Victory $358,400 Intl. Inc. " Meredith Victory $355,900 Demeresa de C.V./ co A.L. Belgium Victory $287,748 Burbank (Shipbrokers) 11 San Mateo Victory $299,547 Tucson Victory $294,984 Whitter Victory $297,721 Global Marketing Carrol Victory $285,101 Systems Clarksville Victory $288,601 " Cornell Victory $311,101 u Norwalk $316,801 MarAd's Report On Foreign Subsidies Available The Maritime Administration announced the availability of its Report on Foreign Shipbuilding Sub- sidies. The report was transmitted to Congress by Secretary of Trans- portation Federico Pena in re- sponse to a requirement under the National Defense Authorization Act of 1993. It describes various government programs of assistance to shipyards provided by 31 countries plus an overview of the European Commu- nity. Programs covered in the report include construction subsidies, aid for investment and restructuring, financing programs, loan terms and interest rates, vessel export credits, tax benefits, government ownership, support for research and develop- ment, and other aids. The report is based on information gathered from foreign governments by U.S. Em- bassies and other foreign service posts abroad through a recently con- ducted survey. Copies of the report are available upon request from MarAd's Office of External Affairs, Seventh St., SW, Washington, D.C. 20590; tel: (202) 366-5807. Maritime Reporter/Engineering News Circle 241 on Reader Service Card ENVIROVAC sewage systems solve all your marine sanitation needs. Vacuum Toilet System STANDARD DESIGN AND COMPONENTS -NO SPECIAL ENGINEERING overboard discharge recirculating pump vacuum piping for toilets sewage ejector Your tank or Our tank atmospheric holding tank Low Volume Fresh Water Flush Toilet (3 pints/flush) Small Diameter Piping... 1-1/2" and 2" Reduces Sewage Volume by 90% Flexible Piping Layout... With Vertical Lift Reduced Holding Tank Size... 80% Smaller Eliminates Toilet Vents Reduces Material & Labor Costs, and Topside Piping Weight Proven History of Reliability Over 3,500 Marine Installations Worldwide ORCAII Marine Sanitation Device SIZING TO FIT 12 TO 500 PEOPLE • Microprocessor Control and Monitoring System • Simple Operation & Maintenance • Fully Automatic Hands-off Operation • Simple and Inexpensive Installation • Compact and Lightweight • Designed Specifically for the Marine Industry • In Use on Vessels Worldwide • U.S.C.G. Certified and I MO Approved • Available with ORCACLOR Automatic Chlorine Generator ORCA IIA (12-36 People) ORCA II (165-500 People) 1 ORCA I ' a | "Vt o R C A * f ZFTT.A ENVIROVAC INC. 1260 TURRET DRIVE • ROCKFORD, IL 61115 • U.S.A. 815/654-8300 • TOLL FREE: 800/435-6951 • FAX: 815/654-8306 28 Circle 239 on Reader Service Card WHY DOES THE U.S. NAVY CHOOSE EVERPURE BR0MINATI0N SYSTEMS FOR DRINKING WATER? Fuerni iro nr Everpure. Inc.. Westmont. IL 60559 Because they're safer, easier to use and more accurate over a wider range of water conditions. And they're less expen- sive in the long run than chlorination, without the taste and odor problems. The U.S. Public Health Service, NSF and CDC have given our bromination equipment top approvals for shipboard use. So have the U.S. and Canadian Coast Guards. Call us toll free to find out more about our systems designed specifically for the cruise line industry. 1-800-323-7873 Follow the U.S. Navy. Choose Everpure.
