View non-flash version
Title XI Approval For Three Product Carriers To Cost $197 Million The Maritime Administration has approved in principle the ap- plication of First Attransco Tank- er Corp., Second Attransco Tanker Corp., and Third Attransco Tank- er Corp. for a Title XI guarantee to aid in financing the construc- tion of three 50,884-deadweight- ton oil product carriers. The com- panies are subsidiaries of the American Transportation Co. Inc., New York. National Steel and Shipbuilding Co., San Diego, Calif., is the pro- posed builder of the three 658- foot-long, 106-foot-wide vessels. Deliveries of the first two tankers are scheduled for the autumn of 1982, with the third set to be de- livered the following spring. The applicants have indicated the vessels will be operated in the intercoastal trades of the United States, Puerto Rico, Hawaii and the Virgin Islands. The total estimated cost of the three tankers is $197,007,000, or $65,699,000 per vessel. The Title XI guarantee will cover $173,- 380,000, or up to 87y2 percent of the total estimated actual cost. Harold Bushey Named To Marine Sales Post For Tracor Marine Harold G. Bushey Harold G. Bushey has been ap- pointed marine sales representa- tive for Tracor Marine Systems, which is a part of the Tracor In- struments Division, Austin, Tex- as. Mr. Bushey will support the sales of Tracor Marine Naviga- tion products including the Sat- ellite Navigator II and the Omega Navigator II in the fishing, com- mercial marine, and pleasure craft markets. He reports directly to John Hoerber, marine sales man- ager of Tracor Instruments. Before joining Tracor, Mr. Bushey was with Industrial Ma- rine Precision Electronics Com- pany located in Houston. He also acted as a distributor represent- ative for JRC and TAIYO in the Gulf states. Title XI Sought For 20 Barges And 3 Towboats Radcliff Materials Inc., 61 St. Joseph Street, Mobile, Ala., has applied for a Title XI guarantee to aid in financing 20 steel deck barges, and three twin-screw tow- boats. The 200-foot-long barges are currently under construction at Twin City Shipyard, St. Paul, Minn. The 850-horsepower tow- boats are being built at Dravo SteelShip Corp., Pine Bluff, Ark. All vessels are expected to be de- livered by August 1980, and will be operated on the Mississippi River. The Title XI guarantee will cover a total of $8,297,000 com- pensating $5,343,500, or 87i/2 per- cent, of the estimated actual cost of the barges and $2,953,500, or 75 percent, of the estimated ac- tual cost of the towboats. Oil-free Cutless® rubber bearings stop water pollution, conserve oil. In these days of fuel scarcity, leaky oil lubricated bearings waste energy and pollute our waterways. With Cutless water lubricated rubber bearings designed by Lucian Q. Moffitt, Inc., there's no oil seal to fail. No lube oil to leak out and pollute the waterways. Any water will lubricate the Cutless bearing ... fresh water, salt or sand-filled. Exclusive "Water Wedge" channels molded into a tough BFGoodrich rubber liner keeps plenty of lubricating water flowing through the Cutless bearing. Cutless bearings are available world- wide from yards and marine stores in a full range of shaft diameters and load capacities. Write us for engineering data. LUCIAN MOFflTTJNC. NATIONAL and INTERNATIONAL DISTRIBUTORS P.O. Box 1415, AKRON, OHIO 44309 IT'S YOUR CHOICE! BIO-STS1000 STS-II ONLY SIGMA OFFERS BOTH BIOLOGICAL AND PHYSICAL-CHEMICAL MARINE SANITA TION DEVICES To accommodate your particular needs, SIGMA has available a variety of shipboard sewage treatment systems that meet all U.S. and International requirements. SIGMA MSD's are easy to install, easier to operate, and easiest to finance. Deliveries from the United Kingdom, Greece, and U.S.A. _ . , , _ „ . , _ . Shipboard Pollution Control Equipment WORLDWIDE REPRESENTATION AND SERVICE TREATMENT SYSTEMS 2 Davis Avenue Frazer, PA 19355 USA Telephone: 215-647-3100 Telex: 902014 SIGMA FRAZ New York, ATCO MARINE CORP., Brooklyn EUROPEAN REPRESENTATIVES United Kingdom, FUGLESANG, LTD., London Scandinavia, IEPC, A/S, Oslo Germany, HATLAPA, GmbH, Uetersen Greece, TECHNOMAR CO., LTD., Piraeus Italy, ALBERTO BORDONI, Genova 42 ZIDELL Maritime Reporter/Engineering News