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Korean Yards Receive $256 Million In Orders; Plan 4 More Shipyards Korean shipbuilders have receiv- ed orders worth $256 million for the construction of tankers and other commercial vessels, according' to the Ministry of Commerce and Industry in Seoul, Korea. An addi- tional $160 million of shipbuilding contracts are being negotiated,- which would bring the total of new orders to $416 million. Of the definite new orders, $201 million are for construction of six tankers by Hyundai Shipbuilding and Heavy Industries. These in- clude two 259,000-ton tankers val- ued at $61.9 million, which were ordered by a Greek shipping firm. In addition, two 227,000-ton tank- ers worth $139.5 million have been ordered by Japanese and Liberian firms for delivery by 1975. The Korea Shipbuilding and En- gineering Corp., and Dae Sun Ship- building & Engineering Co. are also constructing 27 smaller tank- ers and fishing vessels worth $55 million for foreign delivery. Under its heavy industry devel- opment program, the Korean Gov- ernment plans to build four more large shipyards on the country's southern coast. Moran Towing Names Deely To Sales Post Sometimes, one word is all you need. 1-H (hQs'ler), noun. la. One who ———i—. shoves; b. One who conveys forcibly or hurriedly; c. One who urges forward with untiring rapidity; 2a. One who obtains by energetic activity. Halter Marine introduces the new river towboat class HUSTLER. Under development for two years, the new HUSTLER class towboat has overall dimensions of 140 feet x 38 feet x 11 feet 6 inches, with a draft of 8 feet 6 inches. Two of the new series are under construction now and will be powered by two Polar Nohab diesel engines that develop 4200 horsepower. Facilities are available for additional orders. This new class is the result of nearly twenty years of experience in building boats for use all over the world, on all oceans, and on the rivers of dozens of countries. There are new pollution control systems and new corrosion control coating systems incorporated in the HUSTLER class. Its powerful configuration will make your inland waterway operations more efficient and more profitable. For complete details on the new HUSTLER class, please write or call us. HALTER MARINE SERVICES, INC., P.O. Box 29266. New Orleans. La. 70129, 504/254-1222, Telex: 584-200, Cable: HALMAR. Richard J. Deely Richard J. Deely has been trans- ferred to the sales department of the Moran Towing & Transporta- tion Company, Inc., according to a recent announcement by Thomas E. Moran, chief executive of the company. Mr. Deely was formerly assigned to the Sealboard Shipping Division of the Moran organization as as- sistant manager, with operational and administrative responsibilities. Prior to joining the Moran divi- sion, he held various positions re- lating to marine transportation and traffic with the Shell Oil Com- pany. Mr. Deely, a graduate of the Uni- versity of Notre Dame and the Fordham University School of Law, resides in Chappaqua, N.Y. Donahue Appointed Vice President Of URS/ Coverdale & Colpitts Col. Franklyn W. Donahue Col. Franklyn W. Donahue, USA (ret.) was recently appointed vice president of URiS/Coverdale & Col- pitts, Inc. His major activities will be in the marine transportation field. Prior to joining URiS/C&C in July 1971, he served in the U.S. Army, principally in command, ad- ministrative and planning assign- ments, specializing in the field of transportation. His final assign- ment was Deputy Commander and Chief of Staff of Fort Devens, Mass. From August 1957 to Sep- tember 1958, he was assigned to UKS/C&C under the Army's "Training with Industry" program. Mr. Donahue has a B.S. degree in military science and an M.B.A. degree in transportation and mar- keting from the University of Maryland, in addition to special- ized studies at Tulane and Stan- ford Universities, the U.S. Army Transportation School, and the U.S. Army Command and 'General Staff College. 8 Maritime Reporter/Engineering News
