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World-Wide Marine Orders Six Supertankers For $200 Million From Japanese Shipbuilders Y.K. Pao, internationally known shipping magnate and governing director of World- Wide (Shipping), Ltd., was honored on July 6 by the Deputy Mayor of Osaka City, Japan, Yashushi Oshima, in a specially arranged cere- mony at the city's Municipal Office during which he was presented with the key to the city. The occasion preceded the launching later on the same day of the 25,000-dwt bulk car- rier Eastern Wave for the Eastern Asia Navi- gation Company at the yard of the Osaka Shipbuilding Co. Ltd. Sponsor at the launching ceremony was Mrs. N.A.S. Mills, wife of the manager of the Hong Kong and Shanghai Banking Corpora- tion's Hong Kong office. This is one of the IS similar size bulk carriers so far ordered by the World-Wide Shipping Group from Osaka Shipbuilding Co., all of which are due for completion in the next three years, and the key award to Mr. Pao was in recognition of the Group's significant contribution to Osaka City's ship exports. Following the ceremony, Mr. Pao an- nounced that his Group has recently placed another huge block order with major Japanese shipbuilders for the construction of six more supertankers with a total deadweight of ap- proximately 1.5 million tons at an aggregate cost of close to $200 million. All are sched- uled for completion within the period between 1974 and 1975, and the following is a summing up of these mammoth ships: Type Approx. Dwt. Delivery Builder Tanker 260,000 1975 Nippon Kokan Kabushiki Kaisha Tanker 270,000 1974 Ishikawajima-Harima Heavy Industries Ltd. Tanker 270,000 1975 Sasebo Heavy Industries Co. Ltd. Tanker 140,000 1974 Sumitomo Shipbuilding and Machinery Co. Ltd. Tanker 266,700 1974 Not disclosed Tanker 262,700 1975 Hitachi Shipbuilding and Engineering Co. Ltd. The World-Wide Group presently has in service a fleet of 65 vessels, including tankers, bulk carriers and combination carriers, total- ing around 3.5 million deadweight tons,-and when all the new buildings on order, includ- ing the six aforementioned, are delivered by 1975, the Group's whole tonnage figure is ex- pected to be nudging the 10-million-ton mark, comprising 120 vessels. "WebbperfectioN" Oil & Akron" Electric Galley Ranges Also Fog Horns Steel Cleats & Chocks Ship Bells Toggle Pins ELISHA WEBB & SON CO. 136 S. Front St., Phila., Pa. 19106 Phone (215) WA 5-0534 Professional JAMES E. BEST P.E. BEST & ASSOCIATES INC. 9870 S.W. 81 ST. MIAMI, FLA. 33143 Tel. (305) 271-3369 & 271-0365 CONSULTING ENGINEER • NAVAL ARCHITECT ASHORE & AFLOAT PROJECT COORDINATION PRODUCT DEVELOPMENT INVESTIGATION DESIGN INSPECTION J. L. BLUDWORTH NAVAL ARCHITECT! 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