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This pro- peller is designed to give your boat more power. It's Federal Propeller's 4- blade "Power Thrust." In- stall it instead of a 3-blade. The result is greater power, smoother operation. Which means better handling and maneuvering. Reduced engine wear. Better fuel economy. And that's not all..."Power Thrust" was heavy-duty designed with heavy blade edges to resist damage. So costly repairs...haul out and downtime are vastly reduced. Available through 96" in Federal's "B" Bronze, or super tough Ni-Bral, also in Stainless Steel through 40" diameter. Get a "Power Thrust." You'll notice the difference. See your marine dealer or contact Federal Propellers, Grand Rapids, Michigan 49502. Pfj^PELLERS YOU'LL FRORABH M0IKETHL AHFERENflL World Ship Launchings Reach 8th Record Year According To Lloyd's Lloyd's Register of Shipping re- ports that ships launched through- out the world in 1973 reached rec- ord figures for the eighth straight year. Japan, with her 14th successive annual increase, remained the over- whelming leader, launching one of every two ships. Sweden was next, followed by West Germany and Spain, each with record launchings. Great Britain slipped to seventh place, the lowest in her history. Of the 15 main shipping coun- tries, only Britain, Italy, Poland and East Germany showed a drop in production. Figures for Soviet and Chinese production were un- available. Total tonnage launched through- out the world in 1973 was 31,520,- 373 tons, up 4,805,987. Japan's out- put represented 49.8 percent of the world total. City Of Detroit Awards Contract To Design Fast Fireboat The city of Detroit, Mich., has awarded a contract to Fireboats International, Inc. of Ferndale, Mich., covering design and con- struction supervision of a 72-foot high-speed aluminum fireboat. The work will be handled with Fire- boats' associate, John Gilbert & Associates Inc. of Boston, Mass. The new fireboat will feature fire-fighting capacity of 10,000 gpm at 150 psi, skyscraper high-pressure water system, foam system, and will be strengthened for winter ice operations in the Detroit River. The design phase is expected to be completed in early summer, 1974. PFEL To Sell Two C-4s To Waterman The sales for $4 million each of two of Pacific Far East Lines' C-4s to Waterman Steamship Co. has been approved by the Maritime Subsidy Board. The vessels—Canada Bear and Philippine Bear—will be used on Waterman's Gulf-United Kingdom- European Continent and Gulf-Far East service. One of the conditions attached to the transaction was that PFEL deposit the proceeds from the sale in the capital reserve fund for fu- ture investment, mainly in new ships. Great heat exchangers- from the people who boilt the first off-the-shelf heat exchangers. At one time, just about every heat exchanger was built to order. Then in 1939, we built the BCF, the first shell-and- tube heat exchanger in stock, on-the-shelf, in popular sizes. Our name was Ross, then ... a name synonymous with heat transfer quality and innovation since 1917. Today we build heat ex- changers for engines and other applications, to all current mari- time codes, TEMA "C", and ASME codes. The CP series, in standard models and pre- engineered variations using just about every tube size, nozzle orientation, baffle spacing and material you'll ever need. And the HCF, with copper/nickel alloy tubeside for non-fouling cooling, or the BCF where non-ferrous ma- terials and quick delivery are a must. Today there are still more of our heat exchangers afloat than any other kind. Find out more. Call or write us. We're there when you need us—worldwide. AMERICAN STANDARD HEAT I R ANSFl. R DIVISION Marine Department P.O. Box 1102, Buffalo, New York 14240 (716) 897-2800/Telex: 091-354 American-Standard Power and Controls Group working fluids for industry 111 llUUli. is a registered trademark of American-Standard MARITIME REPORTER ENGINEERING NEWS 107 EAST 31st STREET NEW YORK, N. Y. 10016 MUrray Hill 9-3266, 3267, 3268, 3269 ESTABLISHED 1939 Maritime Reporter/Engineering News is published the 1st and 15th of each month by Maritime Activity Reports, Inc. Controlled Circulation postage paid at Hoboken, N.J. 07030. Postmaster send notification (Form 3579) regarding un- deliverable magazines to Maritime Reporter/Engineering News, 107 East 31st Street, New York, N.Y. 10016. Member BPA Business Publications Audit of Circulation, Inc. No. 7 Volume 36 4 Maritime Reporter/Engineering News