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Principals on the launch platform include, left to right: John M. Murphy, NASSCO vice president; the Honorable Robert J. Blackwell, Assistant Secretary of Commerce for Mari- time Affairs; Mrs. Lloyd E. Bensen, sponsor of the S/S Ultrasea; Mrs. Joseph A. Ament, matron of honor; Lloyd E. Bensen, executive vice president, American Ultramar Limited, and John V. Banks, NASSCO president. The S/S Ultrasea, 80,500-dwt San Clemente Class oil/bulk/ore carrier (OBO), was launched at National Steel and Shipbuilding Company (NASSCO) of San Diego, Calif., October 20, 1973. Ceremonies, open to the general public, commenced at 8 a.m. with a band concert by the U.S. Marine Corps Recruit Depot Band. Mrs. Lloyd E. Bensen, wife of the executive vice president of AmericanUltramar Limited, served as the ship's sponsor. Her sister, Mrs. Joseph A. Anient, assisted as matron of honor. Others participating in the color- ful ceremonies included the Honor- able Robert J. Blackwell, Assistant Sec retaryofCom me rce forMaritime Affairs; Arnold Lorbeer, president, American Ultramar Limited; Leo V. Berger, president, Aries Marine Shipping Company; the Right Rev. Msgr. I.B. Eagen, pastor, Mission San Diego de Alcala; John V. Banks, president, NASSCO, and John M. Murphy, vice president, sales, NASSCO. Ultrasea is the second of two NASSCO-designed OBOs for Aries Marine Shipping Company. Her keel was laid February 17, 1973, and delivery is scheduled for March 29, 1974. Her sister ship Ultramar was delivered to the customer on August 8, 1973. The contract for these ships was the first awarded under the 1970 Merchant Marine Act that pro- vided Government assistance for bulk carriers and encouraged ship- yards to design and market high- performance ships. Economic studies sponsored by the Maritime Administration point- ed to the OBO-type vessel as being best suited to recapture the U.S. bulk trade now largely carried in foreign-flag ships. The versatility of the OBO in being able to trans- port different products, liquid or bulk, between ports, permits high utilization and low-cost transporta- tion. The 80,500-dwt Ultrasea is of the maximum size that can transit the Panama Canal. She is 892 feet 6 inches in length overall, has a beam of 105 feet 9 inches, and a depth of 62 feet 6 inches. The propulsion is single-screw steam-turbine and has a sustained full-load speed of 16.5 knots. Immediately following the launch of Ultrasea, the keel was laid for NASSCO Hull 391, the second of three NASSCO-designed San Cle- mente Class 90,000-dwt tankers for Aeron Marine Shipping Company. Bertram Ault, vice president, fi- nance. American Ultramar Limi- ted, officiated at the keel-laying. To date, the S/S Ultrasea, and her sister ship S/S Ultramar (de- livered August 8, 1973), are the largest merchant ships ever built on the West Coast. Approximately 2,000 spectators were present to view the colorful ceremonies. Wisconsin Barge Line Issues 20-Year Bonds For Barge Purchase C.L. Shaughnessy, vice president and treasurer of CLC of America, Inc., has announced completion of an $8,575,000 issue of 20-year bonds by its subsidiary, Wisconsin Barge Line, Inc. Proceeds will be used by the in- land water carrier to buy 50 barges and two towboats. The serial and sinking fund bonds, guaranteed by the Maritime Administration, will have final maturity on April 30, 1993. both dry cargo and tankers, will be handled from this office for the Western Hemisphere business. Robert T. Jones has been named managing director, Willy E. Gor- rissen has been named director, Richard J. Reese has become direc- tor of Dry Cargo Division, and Peter M. DeMeo has become di- rector of operations. Further announcements of addi- tional personnel will be made at a later date. National Steel And Shipbuilding Launches Second OBO For Aries Marine Shipping Karageorgis Opens New York Office —100 Vessels In Fleet Michail A. Karageorgis, S.A. of Piraeus, Greece, announces the opening of their New York office, Michail A. Karageorgis of New York, Inc., located at 1301 Avenue of the Americas, New York, N.Y. 10019. The Karageorgis fleet, which will consist of about 100 vessels of The problem has been eliminated and. in turn, gears and bearings are lasting longer. This economy is being accomplished by imaginative owners who have been specifying MMC's Gear Case Dehydrator. Oil is hydroscopic in nature. Which means that its water absorbing capabilities will vary with changes in relative humidity. MMC's Gear Case Dehydrator circulates extremely dry air throughout the reduc- tion gear case and lube oil system. This permits the oil to give up any water it is holding, thus reducing any chance of sludge formation and condensation, which inevitably results in destructive rust and corrosion. MARINE MOISTURE CONTROL CO., INC. 449 SHERIDAN BOULEVARD. INWOOD. NEW YORK 11696 CABLE ADDRESS: MAMCAF INWOODNASSAUCO (212) 327-3430 TELEX: 96-0140 December 1, 1973 19