Hi Everyone, A tidbit I found. Looking forward to more good news.
Hvide Marine To Christen First Ship Docking Module(TM)
PR Newswire, Wednesday, December 03, 1997 at 17:53
FORT LAUDERDALE, Fla., Dec. 3 /PRNewswire/ -- Hvide Marine Incorporated (NASDAQ:HMAR) will christen the first of its revolutionary Ship Docking Module(TM) tractor tugs, the SDM(TM) New River, on Thursday, December 4 at Port Everglades, Florida. The ceremony will take place at 11:30 a.m. at Berth 22 in Port Everglades. Emilie Shaw, the wife of Congressman E. Clay Shaw of Fort Lauderdale, will be the vessel's sponsor. Built by Halter Marine at a cost of approximately $4.75 million, the SDM(TM) is the first major breakthrough in tugboat design in 100 years. It is the first vessel of its kind that can generate 100% of its power in any direction -- forward, backward or sideways -- making it exceptionally maneuverable and ideally suited for docking ships in confined areas like Port Everglades. Because of its rounded shape and 50-foot beam, the 4,000- horsepower SDM(TM) has been likened to a "floating saucer." The SDM's(TM) twin Z-drives are set fore and aft and offset from center. Capable of rotating 360 degrees, they give the SDM(TM) its exceptional maneuverability and power, which in turn makes for lower operating costs, since the SDM(TM) only requires a two-person crew. The Z-drives on the New River are shielded in specially designed "manatee guards" to protect against harming the gentle sea cows which frequent the waters in and around Port Everglades on a seasonal basis. The New River is the first of three SDMs(TM) on order from Halter Marine. Following her christening, she will be assigned to Hvide's Port Everglades Towing division. The second and third SDMs(TM), due out in the first six months of 1998, will likely be based in Mobile Bay, Alabama and/or Tampa, Florida, where Hvide has its Mobile Bay Towing and Tampa Bay Towing divisions. The vessels are named after rivers in Florida and are meant to remind boaters of the environmental importance of these precious natural resources. Video footage of the New River is available from Medialink (972-774-0200) and can be accessed from 1:30 pm - 1:45 pm EST on Thursday, December 4. The satellite coordinates are: C-Band, Galaxy 9, Transponder 1, Audio at 6.2 and 6.8 Mhz. Based in Port Everglades, Florida, Hvide Marine currently operates a fleet of 217 vessels in two core businesses:
-- Marine Support Services (186 vessels), primarily in the offshore energy industry, in which Hvide's Seabulk Offshore, Ltd. subsidiary is the third largest operator of supply and crew boats in the Gulf of Mexico, and Seabulk Offshore International is the largest independent operator in the Arabian Gulf; and offshore and harbor towing, which includes Tampa Bay Towing, Port Everglades Towing, Mobile Bay Towing and Port Canaveral Towing; and
-- Marine Transportation Services (31 vessels), in which Hvide is a leader in the domestic chemical transportation trade and has a significant position in petroleum product transportation.
Hvide Marine (pronounced "VEE-dah") is an international marine support and transportation services company providing benchmark quality service to its customers based on innovative technology, the highest safety standards, modern efficient equipment and dedicated, professional employees.
SPECIFICATIONS - SHIP DOCKING MODULE (SDM(TM))
Description: Twin Z-drive propulsion, diesel-powered, double-ended tractor tug, outfitted for ship handling.
Length: 90'
Breadth: 50'
Design Draft: 16'
Gross Tonnage: Less than 200
Horsepower: 4,000
Engines: Twin Caterpillar 3516B diesels
Z-Drives: Ulstein Model 1650H fixed pitch with specially contoured manatee guards
Winch: Markey Type DYSF-39 Hawser Hydraulic Winch with Spectra tow line
Bollard Pull: 115,000 lbs. (estimated) in all directions
Firefighting: One 3,000 gpm firepump
Foam Tank (firefighting): 1,235 gallons
Classification: ABS
SOURCE Hvide Marine Incorporated -0- 12/3/97 /CONTACT: Jack O'Connell, Corporate Communications, Hvide Marine, 954-524-4200, x 224/ /Company News On-Call: prnewswire.com or fax, 800-758-5804, extension 114285/
Companies or Securities discussed in this article: Symbol Name NASDAQ:HMAR Hvide Marine Inc Cl A |