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Title XI Approved For $120-Million Tanker Contract At NASSCO The Maritime Administration has approved in principle an ap- plication by American Tankships, Inc., a subsidiary of Ingram Cor- poration of New Orleans for a Title XI guarantee to aid in fi- nancing the construction of two 37,500-dwt tankers. National Steel and Shipbuilding Company, San Diego, is the proposed builder. To be powered by slow-speed diesel engines, the 15-knot prod- uct carriers will operate in do- mestic trade between U.S. Gulf and East Coast ports. The esti- mated total cost of the two ships is $119.8 million, with the ap- proved guarantee at $104.8 mil- lion, or 87y2 percent. E.K. Arndt Discusses Fuel Conservation At Riverman's Conference At the spring meeting of the Riverman's Energy Conservation Conference in Carefree, Ariz., Edward K. Arndt presented a pa- per titled "Shrinking Fuel Con- sumption." In his presentation Mr. Arndt, who is manager of marine and railroad sales for Mo- bil Oil Corporation, commented on a number of ways to conserve fuel when operating towboats on the inland waterways. Edward K. Arndt "The simplest way to save fuel is to slow down," Mr. Arndt said. But there are additional consid- erations unique to inland opera- tions, where the width and depth of the waterway impose their own limits on optimum speed, such as not going too fast over a shallow bottom or through a narrow wa- terway. "In both instances," he said, "even greater increases in power are required to achieve small increases in speed." Mr. Arndt concluded his pres- entation with comments on the current status regarding diesel fuel, including allocation regula- tions and availability. For copies of Mr. Arndt's full presentation, which includes a summary of many successful tech- niques developed to reduce fuel consumption, write to Edward K. Arndt, Mobil Oil Corporation, 150 East 42nd Street, New York, N.Y. 10017. Atco Marine Appointed U.S. Agent For Peabody Inert Gas Systems Peabody Holmes Ltd., London, England, has announced the ap- pointment of Atco Marine Cor- poration, Brooklyn, N.Y., as their exclusive representative in the U.S. for Peabody marine inert gas systems, including flue gas systems and inert gas generators for marine use. The agreement was signed in London by George C. Grimbilas, president of Atco Marine, and R.H. Stubington, di- rector, Peabody Holmes Ltd. The technology for the systems originated with Peabody Holmes, a United Kingdom company and part of Peabody International Cor- poration of Stamford, Conn. The phased fitting of inert gas systems to tankers is a recom- mendation of the Inter-Govern- mental Maritime Consultative Or- ganization, and is increasingly be- coming a requirement of the var- ious national and port authorities. Peabody Holmes has over 15 years' experience in marine in- erting systems, and provides for new construction and retrofits throughout the world. Over 300 systems have been engineered and supplied in Europe and Japan. THE HUGHES KMNEcmny mm NOW! with their EXTENDED ICC CERTIFICATE, HUGHES connects the East and Gulf Coasts, expanding the EXPERTISE developed in over 80 years of specialization in the transportation of MASSIVE PRODUCTS and FULLY ASSEMBLED FABRICATIONS too big or heavy to move by rail or truck. HUGHES now offers through service on barges with capacities up to 9500 tons to customers shipping between the Gulf and East Coasts. All inquiries without obligation. SANIES HUGHES,/JVC. SERVICE FOR OVER 80 YEARS .C.C. W-463 CLEARING HOUSE FOR MARINE DIFFICULTIES SINCE 1884 • 17 BATTERY PLACE, NEW YORK N.Y. 10004 • (212) 425-2350 8 ZIDELL Maritime Reporter/Engineering News