View non-flash version
McDermott Subsidiary Receives Letter Of Intent From Aramco For Crude Oil Storage Facility C.L. Graves, president and chief executive officer of J. Ray McDermott & Co., Inc., New Orleans, La., has announced that its foreign subsidiary, Oceanic Contractors, Inc., has re- ceived a letter of intent from the Arabian American Oil Company (Aramco) for the de- tailed design, fabrication and installation of a crude oil storage facility. To be constructed at Ju'aymah, Saudi Arabia, the $100,000,000 contract will consist of both onshore and offshore facilities. Construction activities will be conducted by McDermott sub- sidiaries and affiliates. Completion of the base facility is expected in September 1974. The base facility consists of 3.75 million bar- rels of crude storage with associated piping, booster pumps and shipping pumps capable of loading at approximately 140,000 barrels per hour. Bunker storage and loading are also, in- cluded. A submarine pipeline 56 inches in diameter will conduct the crude approximately seven miles from the onshore facility to the offshore 12-pile metering platform and its associated 4-pile control platform. A 24-inch diameter pipeline will be installed for bunker fuel. The crude and bunker will then be conducted through submarine pipelines from the meter- ing platform to two single mooring facilities capable of handling vessels ranging from 100,000 to 500.000 dwt. The first expansion of the system will provide additional facilities for all phases of the initial project. J. Ray McDermott & Co., Inc., pioneer in offshore construction services in the hydro- carbons mining industry, has offices, fabrica- tion and construction facilities located through- out the world. American Ship Building Co. Names Dr. J.O. Kamm President —John Melcher Vice President The Turecamo fleet of modern, powerful tugs is available around-the-clock for the docking and un- docking of ships of all sizes. Over the years, Turecamo tugs have also established an enviable record in all phases of sound, harbor, coastwise and canal towing. Put this experience to work for you. DOCKING •UNDOCKING-harbor, sound, coastwise, canal and lake towing Dr. Jacob O. Kamm The American Ship Building Company, 1210 Investment Plaza, Cleveland, Ohio 44114, has announced the election of Dr. Jacob O. Kamm as its new president and chief operating officer succeeding Campbell W. Elliott, who will leave American Ship to become president of The Greater Cleveland Growth Association. At the same time, it was announced that John H. Melcher Jr. will join American Ship as execu- tive vice president. Dr. Kamm previously served as president of American Ship in 1969 and was with the com- pany from 1967 through 1969 during the forma- tive years of the present management group. Recognized as one of the nation's foremost economists and corporate management ex- perts, he has continued to provide the com- pany with strong financial counsel. Dr. Kamm has also been elected to the board of directors of the company. Mr. Melcher, presently a partner in the Cleve- land law firm of Thompson, Hine & Flory, as well as director and general counsel of Amer- ican Ship, will leave his law practice to accept the executive duties with the company. Dr. Kamm, a native Clevelander, was gradu- ated summa cum laude from Baldwin Wallace College, where he received his bachelor's de- gree in business administration. He holds a master's degree in economics from Brown 'Uni- versity and a Ph.D. in economics from Ohio State University. He also holds an LL.D. from Baldwin Wallace and -from Erskine College. A new building to house the School of Business Administration ait Baldwin Wallace is to be named The Jacob O. Kamm Hall in his honor. Dr. Kamm is a widely published author and has written more than 80 articles and books on economics and finance. In addition, he wrote a column on economics for the Plain Dealer in Cleveland from 1964 to 1968. He is a member of the board of directors of the Cleveland Quarries Company, the A.W. Fenton Company, Incorporated, the Second Federal Savings and Loan Association of Cleveland, the United Screw and Bolt Corpor- ation, and the Nordson Corporation. He is also a member of numerous civic and professional organizations. Mr. Melcher received his bachelor's degree from Williams College in Williamston, Mass., and his law degree from the Harvard Law School. He joined Thompson, Hine & Flory following graduation from law school and was named a partner in 1966. He is trustee of the Health Hill Hospital for Convalescent Chil- dren and the Diabetes Association of Greater Cleveland, and an officer and director of sev- eral Cleveland companies. MATTON TRANSPORTATION CO.. INC. TURECAMO COASTAL & HARBOR TOWING CORP. 1752 SHORE PARKWAY, BROOKLYN, N.Y. 11214 TEL: (212) ES 2-5200 TURECAMO MATTON TURECAMO TANKERS. TRANSPORTATION CORP SHIPYARD CO INC INC get TURECAMO on your side John H. Melcher Jr. 46 Maritime Reporter/Engineering News
