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Your ship can come in... at LOCKHEED! When It does, you've got It made, because we can repair anything from tugs to tankers— ferries to freighters — refrigerator ships to icebreakers. And whatever the damage, Lockheed puts it all back together for you. Fast, but good. Speed is our specialty, quality our criteria. Service Is our total goal, so everything at Lockheed — our people, procedures and fa- cilities— is geared to get your ship up, out and back in business efficiently, on a 24-hour 'round-the-clock basis. You will appreciate our competitive prices. And our work. Plus our service. So when your ship needs to come in for repairs, ask our ship repair manager (Ext. 631) for a date and quote. He'll keep both. SHIPBUILDING AND CONSTRUCTION COMPANY 2929 16th AVE. S.W., SEATTLE, WASH. 98134 PHONE 206-623-2072 • CABLE LOCKSHIP Boland Awarded $22.4 Million For DLG Conversion The Fiscal Year '74 Defense Department Appropriations Bill provided $124.5 million for the con- version of two DLGs, including the cost of 'Government-furnished items for both vessels. Boland Marine and Manufactur- ing Company, 1000 Tchoupitoulas Street, New Orleans, La., has re- ceived a $22.4-million negotiated contract from the Naval Ship Sys- tems Command for the conversion of one guided missile frigate, the USS King (DUG-10). Raymond To Construct Navigation Station In Monrovia, Liberia Raymond International Inc., Houston, Texas, was awarded a $5.6-million contract to construct an Omega Navigation Station in Monrovia, the Republic of Liberia, for the U.S. Navy. The construc- tion is under the administration of the Naval Facilities Engineering Command Chesapeake Division. The contract includes the erec- tion of a 1,400-foot-high steel an- tenna, a remote monitor link con- sisting of a very high frequency (VHF) transmitter/receiver and small antenna, paving, earthwork, and construction of two buildings to house a transmitter and a helix. A work force of approximately 500 Liberian nationals and 15 U.S. supervisors and specialists will be employed on the project, which is scheduled to be completed in July 1975. Dearborn-Storm Corp. Stockholders Approve Change Of Name Dearborn - Storm Corporation, 9545 Katy Freeway, Houston, Tex- as 77024, has announced that at a meeting of stockholders held in Houston, the stockholders approved a change of the corporate name to Storm Drilling & Marine, Inc. The new trading symbol will be SDC for common shares and SDCA for bonds. Following the meeting of stock- Holders, the board of directors au- thorized an increase in the quarter- ly cash dividend rate from 6% cents per share to 8 cents per share. The increased cash dividend will begin with the quarterly dividend to be paid in July 1974. MARINE DIESELS DON'T WORK 9 TO 5. NEITHER DO WE. If you need marine service, any time, day or night Bruce GM Diesel has the facilities, the personnel and the experi- ence to get you going again. Call us. We're your Detroit Diesel service center. For repowering. For sales. For service. For all your needs, all the time. BIQICEGM DIESEL, INC. Metropolitan New York's Authorized Distributor For Detroit Diesel AlliBon Division of General Motors Corporation 180 Rt. 17 S. at Interstate 80, Lodl, New Jersey 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 SANDBLASTING MADE EASY—means having the right nozzle for the job. P & G produces nozzles of pure cast tungsten carbide (30% harder than sin- tered) and diamond-lapped for perfect fit. We have a nozzle for every need—write for our catalog. , INC. PAULI & GRIFFIN CO., 285 Lawrence Avenue South San Francisco, Ca. 94080 (415)873-4540 3 floating drydocks to 18,000 tons Shipways to 100 x 700 feet . Piers to 1,100 feet MARITIME REPORTER AND ENGINEERING NEWS 107 EAST 31st STREET NEW YORK, N.Y. 10016 MUrray Hill 9-3266, 3267, 3268, 3269 ESTABLISHED 1939 No. 10 Maritime Reporter/Engineering News is published the 1st arid 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 Business Publications Audit of Circulation, Inc. Volume 36 4 Maritime Reporter/Engineering Hews