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Wheelock Maritime Ltd. Orders Two Bulkers From China Corporation The Wheelock Maritime Inter- national Limited of Hong Kong has placed an order with the China Corporation of Shipbuild- ing Industry of Beijing for the construction of two 27,000-dwt Lakes-fitted bulk carriers. These vessels will be built by CCSI's Dalian Shipyard and are due for delivery in 1983. The contract between Wheelock Maritime and CCSI was channeled through International United Shipping and Investment Compa- ny Ltd., the joint venture ship- ping concern formed earlier in the year between The World-Wide Shipping Group and the China Corporation of Shipbuilding In- dustry and the China National Chartering Corporation to devel- op international shipping busi- ness. A letter of intent for the deal was signed recently in a brief ceremony in the board room of The World-Wide Shipping Group between J.L. Marden, chairman of The Wheelock Group, and Sir Yue-Kong Pao, chairman of In- ternational United. New Owners Take Over T. Smith & Son And Crescent Towing James E. Smith, president and chief executive officer of T. Smith & Son, Inc., and New Orleans in- vestor WJv. McWilliams Jr. re- cently announced that the sale of the New Orleans stevedoring firm T. Smith & Son, Inc., its princi- pal affiliate, Crescent Towing & Salvage Company, Inc., and their affiliated port service companies have been concluded. The purchaser is a private com- pany owned by Mr. McWilliams, James R. Moffett, William A. Hines, John G. Amato, and their families. The execution of the agreement to purchase was pre- viously announced. Mr. Smith will continue as chief executive offi- cer of both companies. Norwegian Firm Offers New Control Option For Ship-Handling System Helitron A/S of Aalesund, Nor- way, has developed a significant improvement to its well estab- lished POSCON range of inte- grated ship maneuvering sys- tems, a new option called CORC (for Center-of-Rotation Control). POSCON maneuvering systems provide simpler means of ship handling at zero or low velocities. The CORC option allows the cap- tain to decide the center of rota- tion POSCON will use. A simple control commands POSCON to turn the vessel around the bow or stern area, or an intermediate position. The advantages of CORC have been proven in testing on over 40 vessels equipped with the POSCON system. Fitted with the CORC option, POSCON is even more functional and provides flex- ible adaptation to specific opera- tional situations. POSCON has found its appli- cation on many types of ships, but the dominant market is twin- screw supply vessels without sternthruster. The system can be installed on new ships or those already in operation. A joystick with two degrees of freedom is used to control thrust from pro- pellers, rudders, and thrusters. An automatic heading control keeps the vessel at the designated heading. Sales of POSCON for new ships are handled through Helix A/S in Aalesund, Norway, while retro- fits are handled by Helitron di- rect. Helitron, a wholly owned subsidiary of the c-p propeller manufacturer A.M. Liaaen A/S, specializes in electronic remote control systems and integrated maneuvering systems. For further information, Write 57 on Reader Service Card The day it dropped to 36in Savannah. The man in the lightweight jacket is Herb Ussery, a super-professional head rigger. The thermometer read a nippy but nice 36 when we snapped Herb's photo. It was taken on the coldest day of 1975 in Savannah. But Savannah's coldest day didn't send Ussery or our other workers into hibernation. We did business as usual. Our mild, year-round weather can be a real tonic for you as well as us. It means no costly delays. (We can work on days when others up North would be doing nothing but warming their fannies against the stove.) Savannah Machine and Ship- yard Company. We do scheduled drydocking, voyage repairs, and major conver- sions. We do them for less than the high-overhead yards. We often do them faster. And we do them without send- ing a chill up your spine. The Savannah Yard. Savannah Shipyard Co. P.O. Box 787 Savannah, Georgia 31402 Tel. (912) 233-6621 74 Trinity Place, Suite 1800 New York, New York 10006 Tel. (212) 432-0350 Write 324 on Reader Service Card January 15, 1981 33
