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MARINE APPLICATIONS CO. MARINE ENGINEERS Consultants Designers R&D TECHNICAL SERVICES WORKING DRAWINGS DIESEL and PROPULSION CONSULTANTS 146 Second Street P.O. Box 167 Mlneola, L.I., N.Y. 516-747-345 MARINE CONSULTANTS & DESIGNERS, INC. Naval Architects Marine Engineers Cable Address: "Midship" Main Off.: 308 Invest. Insur. Bldg. • Cleveland. O. 44114 • (216) 781-9070 Sales Off.: 26 Broadway • New York. N. Y. 10004 • (212) 269-0150 MARINE DESIGN INC. NAVAL ARCHITECTS & MARINE ENGINEERS 1180 AVE. OF THE AMERICAS Circle 7-2640 . NEW YORK, N.Y. 10036 TUGS, BARGES, WORK BOATS & CONVERSIONS MARITECH, INC. Consultants in Marine Technology 38 UNION SQUARE SOMERVILLE, MASSACHUSETTS 02143 (617) 666-0346 RUDOLPH F. MATZER & ASSOCIATES, INC. 13891 ATLANTIC BOULEVARD PHONE 904/246-6438 JACKSONVILLE. FLA. 32225 127 OCEAN SCIENCE CENTER PHONE 30S/S48-S223 RIVIERA BEACH. FLA 33404 JOHN J. McMULLEN ASSOCIATES, INC. Naval Architects—Marine Engineers—Consultants NEW YORK HAMBURG MADRID GEORGE E. MEESE NAVAL ARCHITECTS • MARINE ENGINEERS CONSULTANTS • SURVEYORS DESIGNS FOR YACHTS AND COMMERCIAL VESSELS WOOD — ALUMINUM — STEEL — PLASTIC TELEPHONE 194 ACTION ROAD COLONIAL 3-4054 ANNAPOLIS, MARYLAND ROBERT MOORE CORPORATION MARINE ENGINEERS 350 Main Street, Port Washington, N.Y. 11050 (516) 883-7660 CONSULTANTS Eastern Representatives: STAR IRON & STEEL CO. Tacoma, Washington Custom Cranes & Hoists • Bridge, Gantry, Portal, Revolving, Container Handling GUNNAR NELSON MARINE ELECTRICAL CONSULTANTS SPECIFICATIONS, SYSTEMS & EQUIPMENT DESIGN & EVALUATION COMMERCIAL & NAVAL ALL REGULATIONS 2185 LEMOINE AVE., FT. LEE, NJ. 07024 944-4402 SYNCROLIFT' DRYDOCKB AND TRANSFER SYBTEMB A Patented Product of PEARLSON ENGINEERING CO.. INC. Naval Architects * Marine Engineers P.O. BOX 8 • 8970 S.W. 87th COURT . MIAMI, FLORIDA 33156 I PHONE: 305/271-5721 • TELEX: 051-9340 • CABLE: SYNCROLIFT PHILIP L. RHODES, INC. NAVAL ARCHITECTS MARINE ENGINEERS 369 LEXINGTON AVENUE NEW YORK, 17, N.Y. Cable "Rhodeship" TN 7-1320 M. ROSENBLATT & SON, Inc. NAVAL ARCHITECTS MARINE ENGINEERS NEW YORK CITY SAN FRANCISCO 350 Broadway 45 Second Street (212) 431-6900 (415) EX 7-3596 GEORGE G. SHARP i 9 2 0 50 CO. MARINE ENGINEERS NAVAL ARCHITECTS SYSTEMS ANALYSTS MARINE SURVEYORS t t I o 100 CHURCH STREET NEW YORK, N.V. (212) 732-2800 10007 T.UI. SPHETCEHS CONSULTING VIBRATION ENGINEER . Torsional Vibration • Hull Vibration • Vibration Isolation Fatigue Stress Anolysis 156 W. 8th Ave. Our 22nd year Vancouver 10, Canada Serving U.S. Clients 604-879-2974 202-737-5200 SPECIALTY SHIPS UNLIMITED, INC. 1000 Vermont Avenue, N.W. Washington, D.C. 20005 DESIGNERS OF OIL SKIMMING SHIPS & EQUIPMENT MARINE CONSULTANTS — INSTRUMENTS PHILIP F. SPAULDING & ASSOCIATES Naval Architects Marine Engineers . . . Mechanical Engineers 65 MARION ST., SEATTLE 4, WASH. MAIn 2-4954 R. A. STEARN INC. NAVAL ARCHITECTS & MARINE ENGINEERS 100 Iowa Street Sturgeon Bay, Wisconsin r i c li sird r. f £t 11 b I e r NAVAL ARCHITECTS/MARINE ENGINEERS 44 COURT STREET/BROOKLYN,NEW YORK 11201 (212) 522-2115 H. M. TIEDEMANN & COMPANY, INC. NAVAL ARCHITECTS—MARINE ENGINEERS SURVEYORS—CONSULTANTS—R&D 74 TRINITY PLACE 219 INT'LTRADE MART NEWY0RK,N.Y, 10006 NEW ORLEANS, LOUISIANA WHitehall 4-5532 504—525-6266 WEATHER Exclusively for the Maritime Industry WEATHER ROUTING, INC. 90 Broad Street, New York 4, N.Y. Tel.: HA 5-9644 Cable address: WEATHERWAY measure, to temporary postponement of off- shore lease sales in the Gulf of Mexico. The 14-year-old New Orleans based corpor- ation offers marine surface support to the pe- troleum industry on a worldwide basis, pres- ently operating a total of more than 400 ves- sels of various types and sizes. In recent years the company has also acquired several service companies whose work is closely allied with the oil and construction industries. Tidewater Marine shares became listed on the New York and Pacific Coast Stock Ex- changes on May 19, 1970. The company re- cently declared the regular quarterly dividend of 10 cents a share. Webb Institute Holds 74th Commencement Exercise • i Tidewater Marine Service Operating Over 400 Vessels Issues Financial Report Tidewater Marine Service, Inc. earnings for the fiscal year ended March 31, 1970 were $5,- 137,649 or $1.36 per common share compared with $5,132,746 or $1.35 (as adjusted) per share for the comparable period in fiscal 1968-69, John P. Laborde, president, announced. These figures were computed on the average number of shares outstanding during the fiscal year amounting to 3,790,890. Mr. Laborde noted that the yearly earnings figures represented a modest increase over those of the previous year despite the general condition of the economy and an income tax increase of almost $700,000 resulting, in part, from elimination of the investment tax credit. Revenues for the year increased to $51,164,- 615 from $47,513,496 for the previous year, and were the highest in company history. Mr. Laborde explained that the company realized substantial progress in scope and size of operations despite what he termed "a disap- pointing fourth quarter" attributed, in large Left to right at the Webb Commencement Exercise, James J. Reynolds, principal speaker, is shown with John A. Livingston, chairman of the Webb board, and Adm. William A. Brockett, USN (ret.), pres. of Webb Institute. Webb Institute of Naval Architecture held its 74th commencement excercise on its Glen Cove campus on June 12. James J. Reynolds, president of the American Insitute of Merchant Shipping and former Under Secretary of Labor, was the principal speaker. Rear Adm. William A. Brockett, USN (ret.), president of Webb Institute, presented the bachelor of science degrees to the 18 gradua- ting members of the Class of 1970, assisted by Dean Joseph Urban. Following the academic procession, Presi- dent Brockett recognized the members of the board of trustees and presented John A. Liv- ingston, chairman of the board, who offered brief remarks to the graduates. Dean Emeritus T.M. Curran presented the honor awards to the Class of 1970 recipients. Following the conferring of degrees, David M. Bovet spoke for his graduating class. The invocation and benediction were offered by the Reverend Howard Lowell, rector of St. John's Episcopal Church in Lattingtown. Webb Institute was founded in 1889 by Wil- liam H. Webb, a leading ship designer and builder in the nineteenth century. In the late 1940's the college moved from its original site in Fordham Heights in the Bronx to its pre- sent location on the north shore of Long Island Sound, with 26 acres of waterfront campus. Webb is unique in being the only fully ac- credited four-year college in America with a curriculum devoted exclusively to ship design, propulsion, and construction. It also has the distinction of granting tuition-free scholarships to all undergraduate students. In spite of its small size, Webb Institute of Naval Architecture holds a worldwide repu- tation for excellence and its graduates are held in high regard throughout the maritime in- dustry. July 1, 1970 49
