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How To Lift a 12,400 lb. Anchor With Your Finger When Avondale Shipyards of Louisiana needed two heavy-duty capstan- windlasses for a C.F. Industries bulk cargo barge, they called New England Trawler Equip- ment Company. Each of mm these 17,000 lb. brutes K • can lift a 12,400 lb. anchor from 165 fathoms, driven „ a by a central electro- hydraulic power unit with infinitely variable, remote fingertip speed control. Included in the package were 4 electro-hydraulic mooring winches with rated pulls of 18,000 lbs. at controlled speeds. No matter how big or small your deck power needs may be, contact NETECO - the problem-solvers with 51 years of tradition. The Company that Builds to Last. .. Endures. New England Trawler Equipment Co. 291 Eastern Avenue, Chelsea, Mass. 02150 (617) 884-4354 XlC^ Representatives VERNON A. OLSON, Glenside, Pa. 215-886-8268 CARSTONE CORP., New Orleans, La. 504-525-2231 EAGLE MARINE, INC., Jacksonville, Fla. 904-399-1522 CENTURY MARINE & INDUSTRIAL CO., San Francisco, Ca. 415-431-2211 BRADING EQUIPMENT SALES, LTD., Montreal, Que. 514-481-7743 BADRENA & PEREZ, INC., Hato Rey. P R. 809-767-2455 REPAIR AND CONVERSION OF VESSELS UP TO 800' Three floating drydocks, up to 3,000 tons • 1000' Bulkhead • Repair Berth • 32' Draft Fully equipped shops for machine, pipe, plate, elec- trical, boiler and carpentry work; foundry. Certified Welders: U.S.C.G. accepted for pressure and exotic material welding. Round-the-clock service. Centrally located in the heart of the N.Y.-N.J. port complexes. Serving the Industry since 1887 PERTH AMBOY DRY DOCK CO. FOOT OF COMMERCE STREET • PERTH AMBOY, N.J. 08862 • U.S.A. Phones: 201/826-5000 • N.Y.C. 212/269-6996 • Cable: PADRYDOCK Pacific Far East Line To Sell Three Vessels Pacific Far East Line's board of directors has authorized the sale of three surplus vessels and 800 surplus steel barges to cor- rect its current operating prob- lems. The vessels are the luxury liner S/S Monterey, retired from service in early January; the lux- ury liner S/S Mariposa, to be re- tired in April; and its sole re- maining barge-carrying ship, the S/S Thomas E. Cuffe. John I. Alioto, president of PFEL, stated that the sale could make available $18 million to pay current debts, which will stabilize the company's working capital position. PFEL's present problems re- sulted from a combination of the 60-day East Coast dock strike, drydocking of its three LASH ships for conversion to container vessels in 1977, and unfair com- petition in the industry, which caused a general depression af- fecting all United States-flag ship- ping lines. PFEL's officials estimate that sale of its surplus ships and barges can be accomplished with- in three to four months, and with creditor approval can be handled without court intervention. The decision leaves unimpaired the company's Pacific service to the Far East and its East Coast service to the Middle East Gulf, both of which, according to Mr. Alioto, are currently operating with positive cash flow. Griffiths & Sons Apply For Title XI To Build Tugboat And Oil Barge James Griffiths & Sons, Inc., Pier 43, Seattle, Wash., has ap- plied for a Title XI guarantee to aid in financing the construction of a 1,400-horsepower tug and a 30,000-barrel barge. The tug will be 75-85 feet in overall length, 20-28 feet abeam, and have a draft of 9 feet 11 inches. It will be designed to work as a unit with the barge, which will be 230 feet long, 60 feet wide and 16 feet deep. The applicant plans to use the vessels in the coastwise or intercoastal trade. Total estimated cost of the two vessels is approximately $2.2 mil- lion. A shipbuilder has not yet been determined. M« COMET \ AUTHORIZED MARINE STOCKING DISTRIBUTORS MECHANICAL SHAFT SEALS & PACKING { Write for FREE full color brochure. COMET MARINE SUPPLY CO. 157 PERRY STREET, NEW YORK, N.Y. 10014 • TEL (212) 675-8776 AUTHORIZED STOCKING DISTRIBUTOR Dravo SteelShip Corporation 'ff's tir DREDGE TENDERS —ANY SIZE U^^Hih-'T- iVTTu, pim a ' XXRCBBVHI • ; ^ PASSENGER VESSELS USCG PUSHBOATS UP TO 1800 HP HIGH SPEED —OFFSHORE VESSELS NOW BUILDING FOR STOCK — STEELSHIP 50—TEXAS CABIN SHIFTER 52 X 18 TALL CABIN STEELSHIP 48 —CONTRACTOR CABIN : MW STANDARD DESIGN SUPPLY BOATS 100' — 165' — 185' DRAVO STEELSHIP CORP. TEL 501/536-036? RT 4 BOX 167 TWX 910/729-2919 PINE BLUFF ARKANSAS 71602 Sut>!>I(1i.iiy ill OI,IVO Cotpoidhon MARITIME REPORTER ENGINEERING NEWS 107 EAST 31st STREET NEW YORK, N.Y. 10016 (212) 689-3266, 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. 5 Volume 40 4 Maritime Reporter/Engineering News