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NASSCO Promotes Peter C. Finne Peter C. Finne The assignment of Peter C. Finne to the position of chief manufactur- ing engineer, National Steel and Shipbuilding Company (NASSCO), San Diego, Calif., has been an- nounced by John V. Banks, presi- dent and chief executive officer. Mr. Finne will fill the position vacated by the late H.J. Anthony. Mr. Finne received his B.A. de- gree in mathematics in 1965 from the University of Kansas, Law- rence, Kan., and his M.S. degree in computer science in 1971 at the Na- val Postgraduate School, Monterey, Calif. Prior to joining NASSCO in 1973 as senior systems analyst, Mr. Finne iserved 13 years in the U.S. Navy. His last assignment was that of new construction project officer, Supervisor of Shipbuilding, Con- version and Repair, 11th Naval District, San Diego, Calif. Theriot To Operate Big Offshore Vessels With U.K. Partners North Sea Assets Limited of Edin- burgh, Scotland, and New Court Natural Resources Limited of Lon- don, England, announce that they have jointly acquired a 51 percent interest in a new British company which will own a fleet of .12 offshore supply vessels. NSA's and NCNR's partners in this venture, holding the balance of the equity, are U.K. sub- sidiary and associated companies of Nolty J. Theriot of New Orleans, La. The joint venture will be named Theriot Offshore International Ltd. Theriot, which is already well established in the North Sea as an operator of specialized anchor-hand- ling tugs and has a total of five bases in the U.K. and Norway, will manage the vessels for the new com- pany. The acquisition of the vessels and the provision of working capital in- volves a total of approximately $45 million. Of this, NSA and NCNR are each contributing $5 million in cash by way of debt and equity. The main debt financing is being pro- vided by First National Bank of Chicago. The vessels have an overall length of 228 feet 6 inches, and engines capable of developing 8,000 horse- power. They belong to a new class of very powerful large-capacity sup- ply boats. They have been specifi- cally designed to service the de- manding requirements of the latest generation of semisubmersible drill- ing rigs, which in turn are capable of operating in greater depths of water and under more hostile con- ditions than hitherto. The vessels, which were originally ordered in early 1973, are under con- struction at Todd Shipyards in Se- attle, Wash. The first six vessels are due for delivery beginning this month. All 12 vessels will be op- erational by 1975. The vessels will sail under the British flag. Operations will initially be concentrated in the North Sea; however, NSA, NCNR and Theriot consider there may also be potential in other parts of the world, both for vessels now being acquired and for other supply vessel projects. NSA is an investment company jointly managed by Edward Bates & Sons Limited, and Noble Grossart Limited. NCNR is an investment company sponsored by N.M. Roths- child & Sons Limited. Baker-Whiteley Towing Elects T.J. Murphy To Board Of Directors Thomas J. Murphy Jr., vice president of The Baker-Whiteley Towing Co., Baltimore, Md., has been elected to the board of direc- tors of the company. Mr. Murphy, who has been with the towing firm for the past three years, was for- merly vice president of operations of Ramsay Scarlett & Co., Inc. only marine hypochlorinator with 5-year warranty cell life For shipboard chlorination of seawater systems to pre- vent fouling growth, you can't beat the Chloropac elec- tric hypochlorinator. The heart of the CHLOROPAC is the Generating Cell which carries a unique 5-year warranty**—backed by Engelhard's two decades of marine experience. The other system components carry at least a 1-year warranty, but in no event less than the normal warranty of the trade. No backflush or periodic cleaning are needed to keep Chloropac working at capacity. Saves power, drawing less than 3 kwhr/lb. of equivalent chlorine. Standard safety "Prorated replacement charge based upon current cell selling price and time remaining in 5-year warranty period. For more information, call or write: Systems Department (201) 589-5000 features included, of course and the system is made of corrosion-resistant titanium, stainless steel and inert plastics, packaged in rugged modules to meet regulatory specs. So get the 5-year hypochlorinator— the one you can't afford to be without! ENGELHARD / SYSTEMS ENGELHARD INDUSTRIES DIVISION ENGELHARD MINERALS ft CHEMICALS CORPORATION 205 GRANT AVENUE, EAST NEWARK. NEW JERSEY 07029 An Equal Opportunity Employer WHY BUY A GREAT MARINE ENGINE AND GET LEFT HIGH AND DRY FOR SERVICE? Bruce GM Diesel sells and services three great marine engines. Detroit Diesels. GM Bedford Diesels. And the new Detroit Diesel Allison gas turbine. With each one, you're assured of a great piece of equipment. And by buying, it from Bruce, you're assured of fast, expert, round-the-clock service. When and where you need it. Think of Bruce. Whether you need a new engine for an old boat, a better engine for a new boat, or just plain better service on the engine you have. BI^JCEGM DIESEL,INC. Metropolitan New York's Authorized Distributor For Detroit Diesel Allison Division ot General Motors Corporation 180 RT.17S at Interstate 80, Lodi, N.J. 07644«(201) 489-5800,N.Y. (212) 665-1500 Branches: E. Farmingdale, L.I. (516) 694-1060 • Linden, N.J. (201) 925-5100 Night Numbers: (212) 665-1500. (201) 489-5800 WRITE TO: PEARLSON ENGINEERING CO. P O Box 560008 (8970 S.W. 87th Ct.) Miami, Fla. 33156 U.S.A. Phone (305) 271-5721 Telex 051-9340 Cable SYNCROLIFT DIRECT SIDE OR END TRANSFER 91 SHIPYARDS IN 39 COUNTRIES NOW BUILDING, REPAIRING AND LAUNCHING ALL TYPES OF VESSELS WITH ... SBIIBRlM^S FOR VESSELS UP TO 60,000 TONS D.W.T. TO ASSIST YOU IN PLANNING A NEW DRYDOCK INSTALLATION, WE WILL VISIT YOUR SITE ANY- WHERE IN THE WORLD AT NO COST OR OBLIGATION. April 15, 1974 23
