Page 29: of Maritime Reporter Magazine (November 2000)

Read this page in Pdf, Flash or Html5 edition of November 2000 Maritime Reporter Magazine

Workboat Report



Smart Strain Gauge

Level Sensor with

Generic 4-20mA Output

Founded 1957

High performance with twin diesels and water jet drives, foam tube tendering system, trailerable, fits into the C-130 transport. Several under construction.

Listed on the Willard Marine GSA contract. Design by Metalcraft Marine.

WILLARD MARINE, INC. 1250 N. Grove Street, Anaheim, CA 92806 • 714-666-2150 • Fax 714-632-8136

Web site: • E-mail:

Leading U.S. Builder of RIB's, Solas Rescue Boats, Navy Ship's, Boats, Water

Taxis, Underwater Viewing Vessels, Pilot Boats and Other Small Craft up to 75'.

Call today for more information!


SYSTEMS, INC. 800 Ferndale Place

Rahway, NJ 07065 732.382.4344 732.388.5111 fax e-mail

The cyclical nature of the oil business has blossomed into full bloom during the latter part of 2000, as a host of political power plays have sent oil prices on a virtual rollercoaster, albeit most- ly up, helping to send it soaring as high as $37/barrel at the time of this writing.

The business of accurately pre- dicting the direction in which oil pricing will go has seemingly become less of a science and more of a speculative game. While it was the Asian financial crisis which led prices to the cellar in 1997, it is another crisis — the potential advancement of hostili- ties in the Middle East — which have helped to send the price back up to near decade (read: Gulf War) heights. Combined with uncer- tainties regarding the severity of the upcoming winter, quickly ris- ing marine freight rates, extreme- ly low oil stocks and concerns about quickly escalating natural gas prices, the market is consid- ered tight and rather fragile

Throw in the old standbys of

OPEC power playing and elec- tion-year politics, and the result is a bevy of market forces pulling oil

Many Options

Use one sensor for all shipboard liquid levels

This technology has been designed specifically for surviving the rigors of ballast tank continuous monitoring. It weighs less than 2 oz. and is con- structed from 100% pure titanium. • It's the size of your thumb • Accuracy .25% of full scale • 100% Titanium • Weighs less than 2 oz. • ABS/USCG/Lloyds approved • FM Class 1, Div. 1 Intrinsically Safe • Removal without tank entry • No mercury or other contaminants • Interfaces to your existing monitoring system • One sensor for all shipboard liquids: fuel oil, lube oil, fresh water, black water, etc. • Generic 4-20 mA output • Used in 15,000 tanks worldwide

ABS Group has secured the industry's first contract for an integrated, risk-based inspection (RBI) for the 100,000-bpd

Petrobras P-35 floating production/ offloading and storage facility permanent- ly moored in the Campos Basin off Brazil — Marlin Field, in 2,788 ft. of water, (see story page 40)

Circle 364 on Reader Service Card Circle 244 on Reader Service Card

Maritime Reporter

First published in 1881 Maritime Reporter is the world's largest audited circulation publication serving the global maritime industry.