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Todd Awarded $32.5 Million In New Barge Business The signing of a letter contract with St. Philip Towing & Trans- portation Company, Tampa, Fla., for the construction of two barges reflects the results of an intense marketing effort in recent months which has brought a surge of new barge and tug business to Todd Shipyards Corporation. A total of $32.5 million is involved and three different yards will participate in these construction projects. According to J.T. Gilbride, presi- dent of Todd, the St. Philip barges (proposed to ibe constructed through Title XI procedures of the Merchant Marine Act) .will Ibe built at the Seattle Division, the first to be completed in 16 months, and the second in 22 months. They are 22,500-dwt self-unloading bulk car- go barges. Todd has also contracted to build 14 barges and 2 tugboats for Alamo Chemical Transportation Com- pany, Houston, Texas; 10 of these units 'will be built at the Galveston Division and 6 at the Houston Di- vision. In addition, Todd was awarded contracts to build four barges for Steuart Transportation (Company, Piney Point, Md., at the Houston Division. A contract with Montauk Oil Transportation Company, New York, N.Y., for a barge to be built at the Houston Division brings the total of new business to 21 barges and 2 tugs. Matson Navigation Parent Company Elects R.I. Pfeiffer R.J. Pfeiffer R.J. Pfeiffer, who was elected president of Matson Navigation Company in April, has been elect- ed senior vice president of Alex- ander & Baldwin, Inc., Matson's parent company, it was announced by L.S. Pricher, A&B president. Mr. Pfeiffer, who began his steamship career in Hawaii 36 years ago, has been with Matson since 1960. J. Ray McDermott To Build Four Tugs The Maritime Administration has approved the Title XI applica- tion from GATX Leasing for four 4,860-hp oceangoing tugs. The tugs will be built at a total cost of $6.1 million by J. Ray McDermott & Co., Inc. U.S. Lines Names Krich M&R Manager East Coast Division Donald M. Krich has been named manager of maintenance and repair for United States Lines' East Coast Division, it was announced by James P. Rafter, divisional vice president for the containership company. Mr. Krich will be responsible for the establishment, implementation and coordination of maintenance and repair plans and procedures for the East Coast, including the company's terminals at Port Eliza- beth, N.J., Baltimore, Md., and Norfolk, Va. Before joining United States Lines, he held engineering and technical points in transportation and allied industrial fields for a number of years. Mr. Krich attended Drexel and Temple Universities, and served with the United States Army dur- ing the Korean Conflict as an ar- tillery forward observer, and op- erations and intelligence noncom- missioned officer. United States Lines operates a fully containerized Tri-Continent service between Europe, the United States, Hawaii, Guam and the Far East, utilizing an all-modern fleet of 16 high-speed high-capacity con- tainerships. At low speeds a JacuzziJet powered craft has exceptional maneuverability. The boat is always in complete control and is able to be turned within its own length, making it easy to navigate in tight waters. JacnzUlet PROVIDES LOW SPED ADVANTAGES OVER CONVENTIONAL PROPDLSHN SYSTEMS [flap JACUZZI BROS. INC. / 11511 New Benton Highway / Little Rock, Arkansas 72203 JacuzziJet thrust provides better low speed maneuverability than conventional propulsion systems. Try a JacuzziJet powered boat, and you'll see it's true. Because jet propulsion is torque-free, there is no tendency for even single engine boats to "walk" to one side or the other. And, "twisting" is not required on boats with twin jets. Since JacuzziJet is a direct drive system, it does not utilize a transmission. By simply raising or lowering the reverse gate the conversion from forward to reverse is smooth and effortless. Efficient turning in either forward or reverse is accomplished by deflecting the jet stream to the right, left or center. A rudder is not necessary since the steering deflector and jet stream direct the thrust. September 15, 1973 9
