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Lockheed keeps Seattle's water links with Alaska in good repair Tugs, barges, ferries, freighters, tank- ers, and other vessels that link Pacific Coast ports and Alaska often face rough going. Knotty repair problems frequently result. Lockheed is your most convenient Northwest repair sta- tion. We'll take on your job, whether it's for emergency repairs, a quick prop job, a mod, or a conversion, ana get your vessel back in service in the least possible time. We have the facilities, and our people like challenges; so if you can get your vessel into Elliott Bay, we'll take it from there. Call: (206) 292-5656 or cable LOCKSHIP! SHIPBUILDING AND CONSTRUCTION COMPANY 2929 16th AVE. S.W. PHONE 206 292 5656 SEATTLE, WASH. 98134 CABLE LOCKSHIP 70-2 Mar Ad Approves Increase For Liberty Bell Tugboats Deputy Assistant Secretary Samuel B. Nemirow has recon- firmed the March 9, 1976, ap- proval in principle of an applica- tion of Liberty Bell, Inc., New Orleans, La., for a Title XI guar- antee to aid in financing the con- struction of two oceangoing tugboats, and has approved an in- crease in the actual cost of the vessels. Originally scheduled for delivery in 1977, the 7,000-hp oceangoing tugboats now are ex- pected to be delivered in June and July 1979. The maximum amount of the guaranteed obligations for the two vessels has been increased from $6,116,250 to $7,778,365. This represents 87y2 percent of the estimated actual cost of the vessels. The vessels are designed to be used for marine construction purposes and have employment potential in the commercial ocean- towing business. Modern Marine Power, Inc., Houma, La., will build the vessels. Increased Cost Of Tug/Supply Vessels Approved By Mar Ad The Deputy Assistant Secre- tary, U.S. Department of Com- merce, Maritime Administration, has approved increases in the ac- tual costs of three ocean tug/ supply vessels financed with the aid of Title XI mortgage guar- antees. The increases are the re- sult of construction delays, addi- tional escalation resulting from employee raises at the shipyard, and various changes, extras and owner-furnished items. The three vessels—the Ocean Fin, Ocean Tarpon, and Ocean Bonita—are part of a group of eight being built for Ocean Ma- rine Services, Inc. Guarantee clos- ings already have been held for the other five vessels. The maximum amount of the guaranteed obligations for the three tug/supply vessels has been increased by $2,198,014 to $14,- 132,337. That guarantee repre- sents 87y2 percent of the esti- mated actual cost of the vessels. The shipowner has indicated that the vessels will be placed in operation off the East Coast of the United States. can COMET for MARINE INSTRUMENTS • Pressure Gauges • Thermometers • Dial Thermometers • Cargo Tank Thermometers • Accessories & Fittings ASHCROFT • DURO • JAY MOELLER • PALMER TAYLOR • WEKSLER WESTON e U S AMTEK Complete inventory for off-the-shelf service COMET MARINE „ SUPPLY CO. 157 PERRY STREET, NEW YORK, N.Y. 10014 • TEL. (212) 675-8776 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. IOOI6 (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. 14 Volume 40 4 Maritime Reporter/Engineering News PACMAR Full Followup Proportional Steering System Pacific Marine Products, Inc. P.O. Box 11 Kenmore,WA 98028 (206)789-0660
