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Schmidt Requests Title XI For Barge To Cost $1.55 Million O.L. Schmidt Barge Lines, Inc. of Lemont, 111. has applied to the Maritime Administration for a Title XI mortgage loan guarantee to aid in financing the construc- tion of a double-skin tank barge. The applicant has indicated that the 275-foot by 54-foot by 17-foot vessel will be operated on the Great Lakes and/or inland rivers of the U.S. Port Brownsville Shipyard, Inc., Brownsville, Texas, is the pro- posed builder, with delivery sched- uled for September 1980. If ap- proved, the guarantee would be for $1,356,250, which is 87i/o per- cent of the estimated cost of $1,550,000. LNG tanker Lake Charles almost fills dock at General Dynamics' Quincy shipyard just prior to recent christening. Vessel is first gas tanker built at Quincy that will transport LNG to the United States. Remember the Super Servant 1 ? You saw it first in Maritime Reporter The only marine magazine published twice each month...MARITIME REPORTER delivers the most important marine information first...weeks before the slower monthlies. MR is the best read marine magazine because it's the only current marine magazine. As a result, MR is requested, in writing, by thousands more buying influence readers than any other marine publication in the entire world. Because MARITIME REPORTER is numberl with marine people who specify and buy...it is number 1 with the world's leading marine advertisers. In 1979 MARITIME REPORTER carried more pages of advertising than number 2. ME/Log. MARITIME REPORTER carried 1866 pages (7x10) of advertising. Number 2, ME/Log carried less advertising for the third consecutive year , down to 1298 pages in '79. Send for complete information showing how MARITIME REPORTER can put real power behind your marine advertising to produce more sales for you in 1980. General Dynamics Christens Its First LNG Carrier Built For U.S. Trade The Lake Charles, first liquefied natural gas tanker built by Gen- eral Dynamics to transport LNG to the United States, was chris- tened recently at the corporation's Quincy, Mass. shipyard. When she goes into service, Lake Charles will carry LNG from Algeria to the U.S. Gulf Coast. All previous LNG tankers built at Quincy are delivering natural gas from Indo- nesia to Japan. The Lake Charles, a 125,000- cubic-meter tanker, was built for Lachmar, a partnership of sub- sidiaries representing Panhandle Eastern Pipe Line Company, Houston ; Moore McCormack Bulk Transport Company, Stamford, Conn.; and General Dynamics, St. Louis. The ship was christened by Mrs. Richard L. O'Shields, wife of the chairman and chief execu- tive officer of Panhandle Eastern. Panhandle has a gas purchase contract with Sonatrach, the na- tional oil and gas company of Al- geria. The vessel will be operated by a subsidiary of Moore McCor- mack. The other LNG tankers built at the Quincy yard have made 213 round trips and transported more than 25 million cubic me- ters of LNG. A sister ship of the Lake Charles, the Louisiana, will be completed at Quincy later this year. Participants at recent christening were (left to right): Mrs. Carolyn J. Turney, spon- sor's daughter; Richard L. O'Shields, chairman and chief executive officer of Pan- handle Eastern Pipe Line Company of Houston; Mrs. O'Shields, the sponsor; Mrs. Stanley R. Boles, sponsor's daughter; and David F. Lewis, board chairman of General Dynamics Corporation. The best read marine magazine produces the best advertising results. MARITIME REPORTER/Engineering News 107 East 31st Street New York, N.Y. 10016 (212) 689-3266 6 ZIDELL Maritime Reporter/Engineering News
