CANADIAN FIRM BIDS
FOR KUWAIT MISSILE DEALCanada's Saint John Shipbuilding Ltd. is one of 12 international companies that have submitted bids to build four 80-meter (260-foot) Offshore Missile Vessels for Kuwait, Canadian Ambassador Chris Poole said Thursday.
He said Kuwait was expected to issue a short list of three or four preferred companies in coming months.
The contract, likely to be worth about $1 billion, is expected to be awarded at some stage over the next two years, diplomats say.
U.S. and European companies are also competing for the contract, likely to be one of the largest defense purchases Kuwait will make in the next few years.
MARITIME PARK FOUNDER
KARL KORTUM TO BE FETED
SAN FRANCISCO - Karl Kortum, founder of the San Francisco Maritime National Historical Park and considered a visionary in the field of ship preservation, will be honored tonightat a reception aboard the 109-year-old sailing ship Balclutha.
Mr. Kortum, 78 and ailing, is credited with building the National Historical Park into the largest collection of floating historic ships in the world.
CP SHIPS CENTRALIZES
LONDON - Canada Maritime Agencies and Cast Group are integrating their insurance and claims activities into a new group to be known as CP Ships insurance and claims services, it was announced here Thursday.
The new group will handle the cargo, container and non-marine insurance and claims for all CP Ships activities, including Canada Maritime and Cast and the Montreal Terminals group that consists of Racine Terminal and Cast Terminal.
The new group will be headquartered at Canmar Horley in the U.K. and will be headed by Ron Pape, manager, insurance and claims and administration. The Cast Zeebrugge office will be responsible for the group's European activities. North American activities will be carried out at the Cast Montreal office and at Racine Terminal.
SWEDEN, ESTONIA HONOR
FERRY DISASTER VICTIMS
STOCKHOLM, Sweden - Sweden and Estonia paused for a moment Thursday to mark the first anniversary of the sinking of the Estonia car ferry.
A minute's silence was declared at midday in both countries in memory of the disaster in which 852 people died, and the ship that replaced the Estonia on the Tallinn to Stockholm route paused in mid-Baltic over the spot where the huge ferry lies.
Aboard the Mare Balticum, almost all the 476 passengers - around half of them relatives of victims - stood quietly on deck at around 1:30 a.m., marking the moment when the ship turned on its side and sank.
At noon in both countries, traffic halted and workers paused to reflect on the catastrophe, which killed more than 500 Swedes and 200 Estonians. Only 137 people survived and recriminations over who is to blame for the accident continue.
NAVY SHIP CONTRACT
RESCUES INGALLS JOBS
MOBILE, Ala. - Money for a $1.3 billion Navy assault vessel was approved by a congressional committee, saving more than 1,600 jobs at the Mobile shipyard where the ship was to be built.
Ingalls Shipbuilding is the sole supplier of the large-deck amphibious assault ship called LHD-7. Company President Jerry St. Pe' said approval of the contract would help stabilize employment at the plant.
Company plans are to reduce the 13,700-member work force to about 10,000 by 1997 even with LHD-7. Without it, employment could drop by almost 1,600 more jobs, he said.
The $1.3 billion in the conference committee report represented full funding for the construction of LHD-7.
CANADIAN FIRM BIDS