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Maritime Fruit Carriers To Receive $620 Million In Charter Agreement Maritime Fruit Carriers Company Limited, 122 East 42nd Street, New York, N.Y. 10017, has announced it has entered into a 15-year time char- ter agreement with a major shipping concern for approximately 1.3 million deadweight tons of very large crude carrier capacity, consisting of several vessels scheduled for delivery in 1975-76. Under the agreement, Maritime Fruit Carriers will receive gross minimum charter hire of $620 million plus escalation, depending on operating costs. In addition, Maritime Fruit Carriers will participate in profits derived from commercial in- come of the vessels above the fixed-charter rates, plus escalation costs. The shipping concern has been granted an op- tion by Maritime Fruit Carriers for an additional "Conrad builds barges with remarkable cost efficiency" CONRAD I NDUSTR I ES, INC. P.O. BOX 790/MORGAN CITY, LA. 70380 TELEPHONE/AREA CODE 504-384-3060 WESTINGHOUSE TURBINE RENEWAL PARTS IN STOCK FOR IMMEDIATE SHIPMENT ANYWHERE Authorized Marine distributor for Westinghouse Turbine Renewal Parts, Port Electric maintains a complete stock of replacement parts in its own warehouse for immediate delivery. Authorized Marine Distributors for: Westinghouse: Turbine, Controller and Motor Renewal Parts Cutler-Hammer: Controller Parts Clark: Controller Parts Also available: Replacement Parts for Monitor, Reliance, Crocker Wheeler, and others. PORT ELECTRIC Turbine Division OF PORT ELECTRIC SUPPLY CORP. 155-187 Perry Strut, New York, N. Y. 10014 Call (212) 255-4530 SHIP SERVICE OUR SPECIALTY five-year time charter on these same terms. If ex- ercised, the minimum gross charter hire will aggre- gate $827 million. Maritime Fruit Carriers Company is a multi- national organization specializing in refrigerated shipping and oil transportation. Schnitzer Subsidiaries File For Tankers Two maritime firms—Pacific Shipping, Inc., and American Shipping, Inc., both of Portland, Ore., have filed for construction and operating subsidies with the Maritime Administration for two 87,000-deadweight ton tankers. The estimated cost of each vessel is $28.4 mil- lion, with the subsidy on each amounting to 41 percent or $11.6 million, according to the applica- tion. Both firms are wholly owned subsidiaries of Schnitzer Steel Products Co. According to the filing, neither company now owns or operates any ships. However, affiliated companies under Schnitzer Co. operate 14 bulk- carriers and two tankers under Liberian flag, and one oceangoing tug under Panamian flag. In addi- tion, three foreign-flag bulk carriers are now un- der construction. Pacific Shipping said that the ownership of the foreign-flag vessels was "no bar to subsidy" be- cause the ships involved "negligible competitive impact in essential U.S.-flag service." The applica- tion also asked for a waiver on additional foreign vessels which may be acquired by foreign-flag affiliates. Zidell Explorations Names Scott VP Wallace C. Scott has been appointed a vice president of Zidell Explorations, Inc., Port- land, Ore. Emery N. Zidell, president of the Zidell or- ganization, said that Mr. Scott will assume additional management responsibilities while continuing to head the valve division of Zidell Explorations. Mr. Scott joined the division in 1948 as a sales representative, later becoming sales mana- ger and, in 1967, general manager. The valve division of Zidell Explorations op- erates a manufacturing-rebuilding complex at Portland, as well as sales offices and ware- houses at Edison, N.J., Long Beach, Calif., Houston, Texas, and Portland, Ore. Other basic operations of Zidell Explora- tions include ship dismantling, barge construc- tion, wholesale distributing of marine and elec- trical equipment, and purchase and sale of scrap and related materials. Northeast Communications' New 700 Marine Receiver Northeast Communications Company announces the availability of a new marine channel 13 moni- tor receiver designed to comply with FCC specifi- cation #83.715. Completely solid-state, the model 700 receiver provides economical, inexpensive and reliable monitoring of bridge-to-bridge ma- rine channel 13. The 700 receiver's small size (9 inches by 3% inches by 7 inches) makes it ideal for use in areas where available space is at a premium and optional mounting bracket affords quick and easy installa- tion. Receiver is equipped with internal battery, power on indicator, charging rate indicator, whip antenna and external antenna connector. The unit is capable of operation from 110 volts AC, 12 volts DC, or internal battery. For additional information regarding the 700 marine receiver, contact Northeast Communica- tions Company, Inc., Newfoundland Professional Building, Route 23 Southbound, Newfoundland, N.J. 07435. Seaspan International Ltd. Appoints Judd And Pearson Edward Judd John F. Pearson J. Rod A, Lindsay, president of Seaspan International Ltd., has announced the appoint- ments of Edward Judd as vice president, cor- porate services, and John F. Pearson as vice president and secretary-treasurer of the com- pany. Both Mr. Judd and Mr. Pearson are chartered accountants, and have been with Seaspan or its associated companies for over 15 years. Seaspan, a Canadian company owned joint- ly by Genstar Limited and Dillingham Cor- poration, operates tugs and barges in coastal and deepsea transportation on the Pacific Coast. These appointments, and the conse- quent re-alignment of corporate responsibili- ties, result from the continuing growth of the company. Barber Lines Names Cangemi And Enzerink E.J. Barber, president of Barber Steamship Lines, Inc., 17 Battery Place, New York, N.Y. 10004, has announced the appointment of Frank M. Cangemi to the position of vice president, and the appointment of Capt. Ger- hardus J. (Jerry) Enzerink to the position of general manager, operations. Mr. Cangemi joined Barber in 1968 as in- ward freight manager after 17 years at Funch, Edye & Co., Inc. He was named an assistant vice president on March 1, 1970, and is pres- ently in charge of all Barber's inward serv- ices into U.S. Atlantic, Gulf, and Eastern Canada. Captain Enzerink, a 1961 graduate of the Nautical Academy, Flushing, the Netherlands, where he obtained his master's license, joined Barber's Cargo Handling section in 1968 as a port captain and served in that capacity until his new appointment. In his new posi- tion, Captain Enzerink will be in charge of Barber's U.S. Atlantic, Gulf, and East Cana- dian vessels' operations. Holland America Cruises Names van Tol President Arie van Tol has been named president of Holland America Cruises in New York, re- placing A. Campbell Buchanan who has re- signed for personal reasons. For the past nine months, Mr. van Tol has served as chairman of the board and chief executive officer of Westours, a Seattle, Wash.-based tour operator in Alaska and the South Pacific. Prior to that, he was vice president-finance for Holland America in New York and since 1959, served with that com- pany in the accounting and finance depart- ment. Born in Monnikendam, the Netherlands, in 1921, Mr. van Tol came to the United States in 1956. He graduated from Rutgers Univer- sity in 1962, and received his master's degree from New York University in 1965. 34 Maritime Reporter/Engineering News
