NewS
especially when the debtor has little in the way of Paints and coatings
assets or can’t be pursued cost-effectively through
normal litigation. In today’s economic environment,
Sher anti fouling -
when so many companies are struggling to stay in
work naturally
business, the problems associated with non-payment
of debt inevitably increase,” said Mr Johnston. Patented by the US Navy the Sher-Release System can
In an illustration of the company’s work Mr clear marine organisms from a vessel’s hull even at
Johnston explained that: “The case of a tank low speeds and with low water pressure. The company
container operator highlights the problems many said that the system offers improved adhesion and
people have in securing payment. abrasion resistance when compared to standard
“This client hired out a tank container to a freight silicon coatings.
forwarder that has little in the way of assets. This is “Not only does the Sher-Release System provide
of course is quite typical. Many forwarders operate superior biofouling protection, work boats, passenger
out of rented offices with just a handful of staff yet vessels and commercial ships can realize fuel savings
can be handling substantial sums of money. as much as six to ten percent,” said Brad Rossetto, Vice
“Even if the tank container can be recovered, the President, Marketing, Sherwin-Williams Protective &
associated expenses may be high especially if there Marine Coatings. “It is a cost-effective alternative that
is a need for repositioning, cleaning and repair has been tested side by side with other fluoropolymer/
before it can be used again. silicone to ASTM 5618 Barnacle Adhesion, and
“In this particular case, we are optimistic delivered the best performance of all systems, up to
about being able to recover the hire costs and of 50 percent better than competitive systems,” said a
obtaining a contribution towards expenses,” said company statement.
Mr Johnston. The Sher system is self cleaning and it includes
He went on to say that another case involved a three layer tie coat formula this includes an
an Indian bunker trader, which is owed around epoxy anti-corrosive layer and a protective silicon
US$142,000 for bunkers ordered by a charterer. topcoat interlocked by an elastomeric formula. The
In such instances, SeaDebt will sometimes seek to technology increases the toughness and adhesion
arrest vessels if the charterers/owners continue to properties of both the epoxy and silicone coatings,
ignore requests for payment. creating a system more durable than anything else
The supply of bunkers is a particularly risky currently in use.
business and one that is likely to be a source of The company said that the coating is easily applied
much new business, said Mr Johnston. by trained staff with airless spray equipment and it
The Hamworthy Moss Nitrogen Generator System that will be fitted to UACC’s chemical tankers.
14 The Naval Architect January 2010
NA Jan 10 - p8+10+12+14+
16.indd 14 12/01/2010 10:33:00
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