Title XI Sought To
Build Two Tankers
Costing $58 Million Each
Two subsidiaries of Ogden Cor-
poration, 277 Park Avenue, New
York N.Y. 10017, have each ap-
plied for a Title XI guarantee to
aid in financing the construction
of a chemical tanker. The pro-
posed shipbuilder of the two ves-
sels is Avondale Shipyards, Inc.,
New Orleans, La.
The subsidiaries, Ogden Sham-
rock Transport, Inc., and Ogden
Shannon Transport, Inc., are both
located at 280 Park Avenue, New
York, N.Y. Deliveries of their
vessels are scheduled for March
30 and June 30, 1981, respectively.
Each of the tankers will have
a capacity of 50,624 deadweight
tons, and will be powered by a
14,100-horsepower diesel engine.
The vessels will be employed in
the domestic coastwise trade.
The estimated actual cost of
each of the tankers is $58,376,000.
If approved, the Title XI guaran-
tee will cover 87y2 percent of that
amount.
Thompsen Appointed VP
At Jackson Engineering
N. Seregos, president of Jack-
son Engineering & Drydock Co.,
Inc. (formerly Brewer Drydock
Co.), Staten Island, N.Y., recently
announced the appointment of
James A. Thompsen as vice pres-
ident-Marketing and Sales.
James A. Thompsen
Mr. Thompsen will be respon-
sible for all marketing functions,
including sales, advertising, and
public relations. Mr. Thompsen is
a graduate of the Merchant Ma-
rine Academy, and served 10
years on various deepsea and in-
land vessels. He is a member of
The Society of Naval Architects
and Marine Engineers, United
States Naval Institute, and The
Propeller Club of the United
States. He has served in various
management positions for com-
panies such as Amerace Corp.,
Cabot Corp., and Standard Oil of
California.
Mr. Thompsen has authored
various technical papers and mag-
azine articles on marine and in-
dustrial applications of plastics.
He worked with the U.S. Navy
Bureau of Ships on the Develop-
ment of the A.B.C. Washdown
System for naval vessels, as well
as plastic piping systems for nu-
clear submarine application. With
the Maritime Administration he
was involved with the develop-
ment of plastic piping systems
for merchant ship applications,
as well as reinforced fiberglass
structural components.
Prior to joining Jackson Engi-
neering, he was president of
Thompsen Marine Supply Co.,
Inc., a company which he orga-
nized in 1971, and of which is a
member of the board.
Seatrain Lines Names
Howard Pack Chairman
Seatrain Lines, New York, N.Y.,
recently elected Howard M. Pack
as board chairman, succeeding the
late Joseph Kahn.
Mr. Pack will continue as chair-
man of this diversified steamship
company's executive committee.
Seatrain does not designate a
chief executive officer because it
has an executive committee. Mr.
Pack's former title was vice chair-
man and this title will be dropped.
Mr. Pack has been with Sea-
train since 1965, when a company
owned mainly by him and Mr.
Kahn purchased control of Sea-
train.
Leonard Kahn, a private in-
vestor and brother of the late
Joseph Kahn, and James T. Owens,
a lawyer, were elected new direc-
tors of Seatrain.
BULLETIN:
ALL U.S. FLAG VESSEL OWNERS... M
As of June 30, 1980 most vessels 1|
engaged in ocean, coastwise, or v, m-
Great Lakes voyages are required
by the U.S. Coast Guard to have
ALL life preservers equipped with *
an approved emergency light source.
BULLETIN: 1
ALL U.S. FLAG VESSEL OWNERS...
American Cyanamid Company has the easy,
effective solution! New, safe liquid lightsticks
APPROVED by the U.S. Coast Guard (161.012/2/0) for
use on existing and new personnel flotation devices (PFD's).
I® PML
PERSONNEL MARKER LIGHT
^ssi • 3R •:
EASY TO ATTACH • EASY TO ACTIVATE
• SAFE EFFECTIVE LIGHT FOR 8 FULL HOURS
• DEPENDABLE • CONVENIENT • WINDPROOF
• WATERPROOF • NONTOXIC • VISIBLE FOR
ONE NAUTICAL MILE ON CLEAR NIGHTS
The yellow-green light produced by PML is
the result of a unique reaction called
chemiluminescence, produced when PML is
activated with a squeeze of the hand and the
two chemicals mix together.
For more information on the CYALUME* PML™
Personnel Marker Light, phone now or write
American Cyanamid Company.
CYJXNAMiD
American Cyanamid Company
Chemical Light Department
Wayne, New Jersey 07470
Ph: (201) 356-2000 Ext. 2153
February 15, 1980 11
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