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NASSCO Delivers S/S Coronado— First Of Three For Margate Shipping On December 28, 1973, National Steel and Shipbuilding Company (NASSCO) of San Diego, Calif., delivered the S/S Coronado, a 38,300-dwt tanker to Margate Shipping Com- pany of Philadelphia, Pa. The S/S Coronado, the first of three NASS- CO-designed Coronado class tankers under construction for Margate Shipping Company, is 688 feet 6 inches in overall length, has a beam of 90 feet, a depth of 47 feet, and is 38,300-deadweight tons. The propulsion is single-screw steam turibine and has a sustained full load speed of 16 knots. The latest in auto- mation of operational controls is included in the design of the new ship. Principals at the delivery ceremony aboard the S/S Coronado included, left to right: Capt. William A. Thurs- ton, resident owner's representative, Margate Shipping Company; Thomas M. McGeoghegan, construction repre- sentative, Maritime Administration; Capt. John Strunk, master of the S/S Coronado, and William T. Egan, vice president, administration, National Steel and Shipbuild- ing Company. Upon leaving NASSCO, the S/S Coronado will proceed to Ecuador for a load of crude oil. From there, she will pass through the Panama Canal. The S/S Coronado will be operated by Keystone Shipping Company and time-chartered to Shell International. The contract for these ships was announced personally by President Richard M. Nixon when he visited 'NASSCO on January 2, 1972, and was the first tanker contract awarded un- der the 1970 Merchant Marine Act that pro- vided 'Government assistance for bulk carriers and encouraged shipyards to design and mar- ket high-performance ships. National Steel and Shipbuilding Company has also recently 'been awarded a $65.7-million contract to build two 90,000-dwt tankers for Chestnut Shipping Company, Philadelphia, Pa., to ibe delivered in April and September 1978. Designed by NASSCO as the San Cl-emente oil carrier, the vessels will be 90,000 dead- weight tons, 894 feet in length, 106 feet in beam, and 62 feet molded depth (the maximum size that can transit the Panama Canal). The contract for these two tankers repre- sents the sixth group of bulk carriers to be built under President Nixon's new Maritime Program at NASSCO and brings the com- pany's backlog of work to be performed to about $500 million. National Steel and Shipbuilding Company is managed by Kaiser Industries Corporation and owned equally by Kaiser Industries Cor- poration and Morrison-Knudsen Company, Inc. IMODCO Gets $21.7 Million In Orders For Two Projects IMODCO, Inc. has announced receipt of two letters of intent aggregating $21.7 million for nine offshore Single Point Mooring ter- minal systems. President Robert C. Houser said one letter was for eight systems, by far the largest order in the company's history. The other letter of intent was for a single SPM system. Work on the two projects is expected to be performed over the next twfo and one-half years, Mr. Houser said. IMODCO pioneered the -development of Sin- gle Point Mooring terminal systems and is now recognized as one of the world's leaders in their design, engineering and construction. IMODCO engineered and installed the first Single- Point Mooring terminal system for the Swedish Navy in 1958, and since that time has installed 46 SPM systems in many coun- tries throughout the world. The Answer to Remote Operation Our new Valve Operating Stand for valves located below decks. Its heavy steel construction is husky enough to withstand heavy seas and operators' wrenches. It is large enough to handle valves up to 16" size. The stainless steel stem won't corrode and has a traveling indicator which shows open-closed position, even from some distance away. Mechanical Marine DIVISION HAYWARD MANUFACTURING COMPANY, INC. 900 Fairmount Ave., Elizabeth, N.J. 07207 Phone: (201) 351-5400 After delivery by NASSCO to Margate Shipping, the Coronado depart- ed San Diego Harbor for Ecuador to pick up a load of crude oil. February 1, 1974 21
