J. Rod A. Lindsay
Appointed President
Seaspan International
AMF Completes Sale
Of Beaird Subsidiary
To The Riley Company
Howard C.Warren, chairman of
The Riley Company, and Rodney
C. Gott, AMF Incorporated chair-
man and chief executive officer,
have announced that the sale of the
business and assets of AMF Beaird,
Inc., a wholly owned subsidiary of
AMF Incorporated, to The Riley
Company has been completed.
The transaction was for a sum
in excess of $25 million. Agreement
in principle providing for the sale
of AMF Beaird to The Riley Com-
pany was also announced.
The Beaird Company is located
in Shreveport, La. Its primary man-
ufacturing complex was built in
1964, and it is one of the largest
metal fabricating plants in the
Southwest, with more than 600,000
square feet of "under-roof" manu-
facturing area.
The Riley Company, based in
Chicago, 111., through its Riley
Stoker subsidiary, is a major man-
ufacturer of steam generators and
fuel-burning equipment for the elec-
trical power and other industries.
Beaird will operate as a subsidiary
of Riley Stoker Corporation under
the name Riley^Beaird, Inc.
AMF Incorporated is a world-
wide producer of industrial and lei-
sure time products.
J. Rod A. Lindsay
James C.F. Stewart, chairman
and chief executive officer of Sea-
span International Ltd., North
Vancouver, British Columbia, Can-
ada, has announced the appoint-
ment of J. Rod A. Lindsay as presi-
dent.
Prior to his appointment as presi-
dent, Mr. Lindsay was executive
vice president of Seaspan. He has
served in the marine transporta-
tion field with Seaspan and its pre-
decessor companies since 1948. He
is a graduate of the University of
British Columbia in mechanical en-
gineering. Mr. Lindsay is a past
president1 of the Vancouver Mer-
chants' Exchange and the B.C.
Towboat Owners' Association, and
is active in other business and com-
munity oriented organizations.
Seaspan is a diversified coastal
and deepsea transportation and sal-
vage company specializing in tug
and barge operations in the Pacific
region. It is jointly owned by Gen-
star Limited and Dillingham Cor-
poration.
Gotaas-Larsen Orders
VLCC From Kawasaki
Gotaas-Larsen Shipping Corp.
has ordered a 257,000-dwt tanker
from Kawasaki Heavy Industries
of Japan, according to H. Irgens
Larsen, chief executive officer of
the company. The order, calling for
delivery in the first quarter of 1976,
is subject to issuance of an export
license by the Japanese Govern-
ment.
The company, a subsidiary of In-
ternational Utilities Corp., has tak-
en delivery on four 216,000-ton
tankers and will commission a fifth
when Kawasaki completes the ship.
The newly ordered vessel will be
1,197 feet in overall length, have a
beam of 207 feet, and will draw 72
feet.
French Yard Receives
Order For Two Tankers
From Onassis Group
Two tankers, each 270,000 dead-
weight tons, have been ordered
from Chantiers de L'Atlantique
S.A. by Olympic Maritime, Ltd.,
part of the group headed by Ari-
stotle Onassis.
The order, subject to certain
credit conditions, is for one of the
vessels to be delivered by the end
of 1974, and the other by the end
of 1975.
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8 Maritime Reporter/Engineering News
Digital Wave Publishing