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Fred Sherman Elected Chairman Of AIMS m 1 • . Fred S. Sherman A key shipping executive who has long been active in the promo- tion and development of the U.S.- flag merchant marine, has been elected chairman of the board of the American Institute of Mer- chant Shipping (AIMS). Fred S. Sherman, president of Calmar Steamship Corporation, a subsidiary of Bethlehem Steel Corp., 'headquartered at Sparrows Point, Md., is the new chairman of the board. Change in AIMS' lead- ership was announced by outgoing board chairman Frank A. Nemec, president, Lykes Bros. Steamship Co., and president, Lykes-Youngs- town Corp., following AIMS' an- nual meeting at the Whitehall Club in New York City. According to the announcement, Thomas J. Smith, president of Far- rell Lines, Inc., New York, N.Y., will be the new chairman of the AIMS Liner Council, comprised of lines operating under Government subsidy contracts. Mr. Smith suc- ceeds Leo C. Ross, president, Paci- fic Far East Line, San Francisco, Calif. Continuing as chairman of the AIMS Tanker Council, will be H.A. Steyn Jr., manager, relations division, marine transportation de- partment, Mobil Oil Corp., New York. Mr. Sherman, who is also vice president of the Marine Division and Great Lakes Steamship Divi- sion of Bethlehem Steel, has been president of Calmar Steamship Corp. since 1965. Calmar operates a fleet of dry cargo ships in the coastal and intercoastal trades. As board chairman of AIMS, Mr. Sherman assumes the leader- ship of an association which was organized in 1969, through the merger of three steamship trade as- sociations. Representing the na- tion's largest association of Ameri- can-flag shipowners, AIMS is com- prised of 32 companies operating roughly 500 tankers and subsidized and nonsubsidized dry cargo ships in the foreign, coastal and inter- coastal trades. These vessels rep- resent about two-thirds of all ac- tive privately owned ships register- ed under the U.S. flag, and aggre- gate over eight-million tons. New AIMS board members, along with Mr. Smith of Farrell Lines, are James A. Cole, general man- ager, marine department, Texaco, Inc., New York, who will fill out the unexpired term of John I. Min- gay, vice president of Texaco's ma- rine department; Thomas B. Crow- ley, chairman, Alaska Hydro-Train, San Francisco; J.R. Dant, presi- dent, States Steamship Co., San Francisco, and Joseph T. Lykes, board chairman of Lykes, replac- ing Mr. Nemec. Continuing as board members for 1971, in addition to Mr. Sher- man, are: W.C. Brodhead, vice president, transportation, Marine Division, Gulf Oil Corporation, New York; Everett S. Checket, vice president, Mobil Oil Corp.; J.W. Clark, president, Delta Steam- ship Lines, Inc., New Orleans; Russell C. Curtis, general manager, Humble Oil and Refining Com- pany, Houston; Manuel Diaz, vice chairman of board and chairman of executive committee, American Ex- port Isbrandtsen Lines, Inc., New York; Lawrence C. Ford, presi- dent, Chevron Shipping Company, San Francisco; Worth B. Fowler, president, American President Lines, Ltd., San Francisco ; Charles Kurz, president, Keystone Ship- ping Company, Philadelphia, and Eugene Yourch, vice president, Marine Transport Lines, Inc., New York. AIMS officers reelected for the year by the board were James J. Reynolds, president, Albert E. May, vice president, and Parker S. Wise, secretary-treasurer. Philip Steinberg was elected vice presi- dent of AIMS' Pacific Regional Office, San Francisco. 'i new muscle for the merchant fleet AUXILIARY SHIPBOARD POWER FROM H. O. PENN Auxiliary power packages supplied and serviced by H. O. Penn mean bow-to-stern power assurance for the world's merchant fleet. Caterpillar Diesel Electric Sets and associated switchgear maintain all shipboard activities - keep vital systems operative with power to spare for ship's services, plus instant backup protection in case of main generator failure. Penn-supplied CAT power keeps the mechanized muscle in cargo handling...maintains bow thrust maneuverability... ensures pumping capability...keeps refrigeration constant for perishable containerized cargo. Call our Engine Division now to discuss H. O. Penn shipboard power, (516) 334-7000, or (212) 895-5400. Or write. Engine Division, H. O. Penn Machinery Co., 1561 Stewart Ave., Westbury, L. I., N.Y. 11590. mm you're dollars aheiul Your Caterpillar Dealer Caterpillar, CAT and Traxcavator are registered trademarks of Caterpillar Tractor Co. April 15, 1971 15