Business Brief

Posted: Thursday, September 14, 2000

Third Millennium tanker under constructionP>

Polar Tankers Inc., the shipping subsidiary of Phillips Alaska Inc., has announced plans to build a third Millennium Class tanker. Litton/Avondale Industries Inc. of New Orleans has laid the keel of the M/V Polar Discovery, which will carry crude from Alaska to the U.S. West Coast.

The Polar Discovery will be delivered in late 2002. Two sister ships, the Polar Endeavor and the Polar Resolution, also are under construction. The first of the Millennium Class tankers, the Polar Endeavour, will enter the Alaska trade early next year. The ships will carry just over 1 million barrels of cargo apiece.

Millennium Class tankers are the first new crude oil carriers built specifically for the Alaska trade in compliance with the Oil Pollution Act of 1990. They will have double hulls, double independent engine rooms, twin propellers and twin rudders. Their cargo, fuel and lubricating oils will be separated from their outer hulls by ballast tanks or void spaces. The new ships also will meet pending regulations for engine exhaust. They will have tin-free, anti-fouling paint to comply with other proposed regulations.

Comments sought on Cook Inlet oil and gas sale

The Alaska Division of Oil and Gas is taking new information that could affect its 10-year finding that the Cook Inlet Areawide Oil and Gas Lease Sale is in the state's best interest. The sale includes 815 tracts and covers roughly 4.2 million acres from Anchor Point to Wasilla. The deadline to comment is Nov. 6.

The state issued its original best-interest finding for the Cook Inlet sale on Jan. 20, 1999. It held the first sale last year.

The finding is available at on the Internet. It stands for 10 years, and the state plans to reoffer unleased tracts each year. However, it calls each year for new information that could affect the finding.

The Division of Oil and Gas reoffered unleased tracts this summer and now is calling for new information prior to a reoffering slated for May 9, 2001. It plans to issue a supplement to the finding or a decision that no substantial new information has come forward on Feb. 7.

The Cook Inlet sale has been controversial. On April 23, 1999, an Alaska Superior Court judge stayed the sale of 70 tracts identified by the National Marine Fisheries Service as critical habitat for beluga whales. On May 1, the court expanded its order to include another 56 tracts. The state withdrew 124 beluga tracts from the 1999 and 2000 sales and said it would not include those tracts in future sales unless it made a supplemental finding on beluga habitat.

Cad-Re celebrates 30th anniversary

Cad-Re Feed in Soldotna celebrates its 30th anniversary Oct. 6-21 with balloons, door prizes, daily sale items and a special warehouse markdown section. Everything in the store will be 20 to 50 percent off.

Cad-Re began in 1970 as a convenience for neighbors who could not make the trip to Anchorage to buy feed. Word spread that feed was available, and by 1972, Howard and Dianna Taplin had bought the old Department of Fish and Game building in Soldotna. At the time, Soldotna had just one paved road, one bank and a one-room log post office, according to Shawn Taplin, Cad-Re vice president. Cad-Re has since added a greenhouse and now sells fencing supplies, pet supplies and health foods. Shawn and Mark Taplin have grown up with the business and hope to double its retail space within the next two years.

Small businesses can air regulatory concerns

Small business owners can testify about federal regulatory enforcement and fairness at a U.S. Regulatory Fairness Board public hearing Sept. 26 from noon until 4 p.m. at the Z.J. Loussac Library Assembly Chamber in Anchorage.

Regulatory Fairness Board members and the National Ombudsman will take testimony on small business experiences with agencies such as the Internal Revenue Service, the Environmental Protection Agency, the Occupational Safety and Health Administration, the Food and Drug Administration and the Department of Labor.

The board holds 10 such hearings nationwide each year, and the Office of the National Ombudsman uses the testimony in preparing its annual report to Congress and the administration. The report rates agency efforts to create a fairer and friendlier regulatory enforcement and compliance environment for small business.

Time to testify is limited. To reserve time to speak, call 271-4022 or (800) 755-7034. Speakers also can sign up at the hearing room before the hearing starts.

Homer Chamber hosts assembly candidates

The Homer Chamber of Commerce hosts candidates for the Diamond Ridge-Seldovia seat on the Kenai Peninsula Borough Assembly during a luncheon Tuesday at noon at the Homer Elks Lodge. Assembly candidates Milli Martin, Brentley Keene and Stephen Chmielowiec will join a question-and-answer forum. The chamber also will introduce candidates for the Kenai Peninsula Borough School Board and South Peninsula Hospital Service Area Board.

The Homer chamber hosts Homer City Council candidates during its Sept. 26 luncheon and state House candidates during its Oct. 17 luncheon.

Seminar highlights business plans

Mark Gregory of the Small Business Development Center plans a seminar titled Developing a Business Plan today from 1 p.m. to 4 p.m. at the Kenai Peninsula Borough Economic Development District at Mile 14.5 on the Kenai Spur Highway. To register, call 283-3335.

A successful business plan conveys the prospects and growth potential for a business. It can be used as a selling document or an assessment tool. By effectively assessing the business as a whole, it can make a strong case for specific projects.

Women's Roundtable meets today

The Small Business Development Center hosts a Women's Roundtable the second Thursday of each month where women mentor women in business. The roundtable meets today at Mykel's from 8 a.m. to 9:30 a.m. To register, call 283-3335.

Interior Space Design renamed

Interior Space Design in Anchorage is changing its name to RIM Design to focus on projects throughout Alaska and the Pacific Rim. Barbara L. Cash, ISD founder and principal-in-charge, will be RIM Design chief executive. RIM Design will broaden its relationship with RIM Architects.

--Staff reports

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