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FLOATING CRANES FOR BULK CARGO LIFTSUPT060T0NS Cranes with clamshells, for handling bulk cargo, are a Howlett specialty. Howlett also has floating cranes of various sizes and capacities to meet your specific needs. Whatever your require- ments, call Howlett for prompt, efficient service. over a century of service Mi M. P. HOWLETT, Inc. since 1875 410 32nd St., Union City, N.J. New York-Bowling Green 9-8644 New Jersey—Union 6-1566 LMVD Dredge Design Contract Awarded Amalgamated Dredge Design, Inc., 842 Public Ledger Building, Independence Square, Philadel- phia, Pa. 19106, has recently been awarded the hull design for the "Lower Mississippi Valley Devel- opment" Dredge. The "LMVD" Dredge is the largest of three hopper dredges presently being designed for the U.S. Corps of Engineers. The new dredges will incorporate the latest in dredge equipment and automation. Amalgamated Dredge Design is an association of S & S Manufac- turing and Supply Company of Santa Ana, Calif., and Seadrec, Ltd. of Paisley, Scotland, who have extensive experience in the field of dredge and marine design. MarAd Approves Tanker Merger The Maritime Administration has approved the merger and liq- uidation of Eagle Tankers, Inc. (Eagle) into an affiliate, United Tanker Corporation (UTC). The merger is part of a proposed cor- porate reorganization by U.T.G., Inc., 250 Park Avenue, New York, N.Y. Eagle owns two 37,250-dwt tankers built with Title XI guar- antees, the Eagle Leader and the Eagle Charger. Both ships are operated by another affiliate, United Maritime Corporation, in the Soviet Grain Program under operating-differential subsidies (ODS). The merger approval is conditional upon the companies receiving prior consent by the Maritime Subsidy Board to trans- fer the ODS contract from Eagle to UTC. Other conditions include, but are not limited to, UTC en- tering into a permanent Capital Construction Fund Agreement with MarAd. Stack And Flag Chart Available A new, updated, full-color iden- tification chart of the stacks and flags of over 200 U.S., Canadian and overseas steamship lines is now available. Measuring 18 inches by 24 inches, it is suitable for framing and reference. Single copies can be bought for $3 from the Fourth Seacoast Publishing Co., Inc., 24145 Little Mack, St. Clair Shores, Mich. 48080. Satellite • NEW FROM TRACOR! • Fully automatic, unattended operation • All functions: Latitude, Longitude, GMT, Great Circle, etc. • Large, easy-to-read display • Low cost. • Over 3 years of development and testing Omega • Proved ... the best Omega you can buy • Rugged and reliable • Unbeatable price-performance • Ask our customers about us Worldwide Navigation from Tracor Contact your Tracor dealer, or call us for details, prices, and demonstrations... Tracor Instruments Tracor, Inc. 6500 Tracor Lane Austin, Texas 78721 Telephone 512:926 2800 MARITIME REPORTER ENGINEERING NEWS 107 EAST 31st STREET NEW YORK, N. Y. 10016 MUrroy 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 Waterbury, Connecticut 06701. Postmaster send notification (Form 3579) regarding undeliver- able magazines to Maritime Reporter/Engineering News, 107 East 31st Street, New York, N.Y, 10016. Member BPA Business Publications Audit of Circulation, Inc. No. 15 Volume 39 4 Maritime Reporter/Engineering News