MARITIME BRIEFS

MARITIME BRIEFS

EVERGREEN GROUP TO ADD

11,850 BOXES TO FLEETTAIPEI, Taiwan - Evergreen Group said it will build 11,850 marine containers to upgrade its box fleet at a cost of $50 million. The containers will be used by two Evergreen sister companies, Evergreen Marine Corp. and Uniglory Marine Corp.

Evergreen Marine has ordered 2,050 general purpose containers and 200 refrigerated boxes from Evergreen Heavy Industrial Corp.'s Taiwan location. Uniglory will have 1,600 general purpose boxes built there.

Evergreen Heavy Industrial Corp.'s Malaysian unit will build 4,450 boxes for Evergreen Marine and 3,550 boxes for Uniglory.

OREGON YARD OPERATOR

GETS CUT OF NAVY DEAL

PORTLAND, Ore. - Cascade General Inc., the new sole operator of the Portland shipyard, is part of a team of companies awarded a U.S. Navy contract worth as much as $1 billion over the next 10 years.

The contract is for refurbishment of Navy ships for sale abroad.

The Portland Ship Yard has seen declining revenue due to a worldwide ship repair slump and competition from Asian yards.

Cascade owner Frank Foti estimates that his company's cut of the Navy contract could amount to $20 million a year for the next five years. Annual contracted revenues for the yard have declined from $172 million in 1990 to $71 million last year.

SEATTLE HIRES MANAGER

FOR CONFERENCE CENTER

SEATTLE - Whether a $13 million international conference center under construction on the central waterfront can attract a large number of international meetings remains to be seen.

Meanwhile, a Seattle company hired to book meetings at the center, which is expected to open in June, says contracts for seven events - two of them international - already have been signed.

Port of Seattle commissioners Wednesday approved a management and marketing agreement with the company, Columbia Resource Group.