Stewart & Stevenson Receives Marine Order

Stewart & Stevenson Services, Inc. has received a $20 million order from Yantai Raffles Shipyard Pte, Ltd, of Singapore for twenty 4300 kilowatt diesel engine powered generator sets. Four of the generator sets will be installed in each of five 86 meter anchor handling tug supply vessels (AHTSV) being constructed in the firms' shipyard in Yantai, People's Republic of China. The new vessels will utilize diesel-electric propulsion and will be capable of maintaining position by dynamic positioning. The vessels will be owned by Tidewater Marine, Inc. of New Orleans.

The generator sets will be powered by Model 16-265H EMD diesel engines manufactured by the Electro-Motive Division of General Motors Corporation. The "H" engine is rated at 6000 horsepower at 900 RPM continuously. It is a four-cycle, turbocharged marine engine which is one of the most efficient medium speed diesel engines manufactured in the world. The generator sets will utilize generators manufactured by Baylor Division of National Oilwell, L.P. of Houston, Texas. The generator sets are scheduled for delivery during the first half of 2002.