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New Tanker Study And Forecast For Oil And LNG Market Edie Economics, the Economics Consulting Division of Merrill Lynch, Pierce, Fenner & Smith Inc., has established a new eco- nomics service in their natural re- sources program exploring the eco- nomic 'aspects of the international oil and gas industry and their im- plications upon the international oil and LNG tanker market. The approach is both quantita- tive and qualitative. The analysis and forecast is based upon an Edie- M.I.T. developed mathematical model of international oil move- ments and their effect upon oil tanker demand. A computer mat- rix output is produced for each year in a 10-year forecast. The mathematical model approach is flexibly designed to absorb and ad- just for all potential factors upon the world oil scene, including price of world oil by region; competing energy source—gas, coal, nuclear; Suez Canal open or closed; changes in import rate for Japan, Western Europe or the United States; changes in export capacity for North Africa, Middle East, West Africa, Southeast Asia or Latin America; change in potential ca- pacity of oil refineries to process crude oil, and ability of present and potential fleet of tankers to transport oil. All quantitative results are an- alyzed qualitatively to indicate the MSTS.. Koehler-Dayton's new zero discharge marine waste management system A PROVEN CONCEPT Koehler-Dayton's MSTS System incor- porates the principals of recirculation, separation, containment, and reduction into one of the most technologically advanced marine waste management systems on the market today. The process meets every current legislative requirement and most certainly every future legislative requirement due to the fact that the end result of MSTS process is "0" discharge. Koehler-Dayton The MSTS System shown above was designed for a 3,500 passenger New York Ferry. Unique in design and simple in operation, the system uses treated liquid wastes for flushing purposes and reduces solids to ash in a highly efficient thermal chamber. For more information call or write: Koehler-Dayton, Inc. Department MSTS, P.O. Box 309, New Britain, Connecticut. ultimate pressure on the demand and supply of oil tankers. The study will be issued as an annual report with a quarterly update. Al- though geared for the oil tanker market in general, the model is flexible enough to be modified to suit an individual client's needs. This study is directed by Mi- chael Gaffen, a naval architect and senior economist at Edie. Detailed information about this tanker study and forecast can be obtained from Joseph W. Jerzewski at Edie's Executive offices, 530 Fifth Avenue, New York, N.Y. 10036. Moore And McCormack Elects Robert O'Brien P.O. Box 3091 New Britain, Conn. 06050 • Telephone (203) 225-3501 • m Robert E. O'Brien Robert E. O'Brien has been elected vice president of Moore and McCormack Co., Inc., it was announced by James R. Barker, chairman of the board. Mr. O'Brien will continue as ex- ecutive vice president of Moore- McCormack Lines, Incorporated, the subsidiary whic'h operates a fleet of American-flag vessels serv- ing the East Coast of South Amer- ica, and South and East Africa from the East Coast of the United States. He is a member of the board of directors of both Moore and Mc- Cormack Co., Inc. and its subsid- iary, Moore-McCormack Lines, In- corporated. A graduate of Villanova Uni- versity, Mr. O'Brien joined Moore- McCormack Lines in 1940. He served as naval officer in the U.S. Navy from 1942 to 1945. Return- ing to Moore-McCormack, he rose through the operating department to become its operating manager in 1956, and in 1957, was made vice president in charge of opera- tions. In 1962, he was transferred to vice president of sales, and in 1967 was elected to the board of directors of the line. Sun Ship Subsidiary Asks Title XI For 80,000-Dwt Tanker 660 Leasing Company, Wilming- ton, Del., a subsidiary of Sun Ship- building and Dry Dock Company, has applied to the Maritime Administra- tion for Title XI to aid in the con- struction of an 80,000-dwt tanker. The vessel, which is under construc- tion at Sun Shipbuilding, is estimated by the company to have a market value of. $28 million. 20 Maritime Reporter/Engineering News
