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Navy Awards IMODCO Development Contract For Portable SPM The United States Navy has signed a contract with IMODCO, a unit of AMCA International Corporation, for the development of a portable Single Point Moor- ing catenary buoy for quick de- ployment in support of naval am- phibious operations. A major specification calls for the SPM to weigh less than half of a regular offshore terminal. It would be transportable by air- craft or on an amphibious surface warfare vessel. Through utiliza- tion of a unique device, the SPM is to be installed and become op- erational in approximately one- third the time of a typical com- mercial SPM. Satisfactory completion of the development contract will pave the way for authorization of ac- tual construction, IMODCO offi- cials state. The Navy contract is not the first for IMODCO. The Los An- geles-headquartered company de- livered to the Navy an SPM for use in Subic Bay, the Philippines, in 1967. It also provided offshore marine terminals to the U.S. Air Force and the U.S. Army (also in 1967), and again for these two REPAIR SHIP FOR SALE military departments in 1968, all for service in the Far East. In all, IMODCO has previously designed, engineered, constructed and installed six SPMs for the U.S. military for service in the typhoon-swept waters of the Western Pacific. IMODCO is the pioneer in the development of offshore marine terminal systems, while AMCA International is a diversified cor- poration engaged in the manufac- ture and sale of a variety of in- dustrial and consumer products, structural steel fabrication, the design, and construction of re- fineries and process plants, and in the distribution of refined pe- troleum products. William H. Vaught Named President Gulfcoast Transit William H. Vaught has been appointed president of Gulfcoast Transit Company, 4251 Hender- son Boulevard, P.O. Box 18443, Tampa, Fla. 33609. William H. Vaught Mr. Vaught is a veteran of more than 20 years' management experience in the shipping indus- try. He has been associated with Gulfcoast Transit Company since 1959, most recently as executive vice president. He replaces Capt. Noble L. Gordon, who is retiring from Gulfcoast Transit Company, but will serve the company as chairman of the board. Affiliated with Mid-South Tow- ing Company, also based in Tampa, Gulfcoast Transit is a contract carrier operating tug- boats and oceangoing covered hopper barges on the East, West, and Gulf Coasts, Hawaii and the Caribbean. Mid-South operates towboats and open hopper barges on the lower Ohio and Mississippi Rivers. Coastal Marine Names Robert W. Dickieson Coastal Marine, Inc., 126 Queen Street, Suite 109, Honolulu, Ha- waii 96813, has announced the appointment of Robert W. Dickie- son as its president and chairman of the board of directors. Mrs. Nelson K. Tanaka was appointed as treasurer. Coastal Marine, Inc. is engaged in dredging operations and related marine activities in the state of Hawaii. C Bo DAECY MARINE SALES REPRESENTING ^Tfad