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SERVICE AND REPAIR IS OUR BUSINESS UNION DRY DOCK & REPAIR COMPANY Foot of Pershing Road, Weehawken, N.J. 07087 (201) 867-0904 Write 363 on Reader Service Card MARINE REPAIR, MAINTENANCE AND CONVERSION SINCE 1908 Conversion Of RO/RO 'Ponce' Completed By Sun Ship This announcement appears as a matter of record only. $27,000,000 Equity Carriers I, Inc. -*• " Bareboat Charterer 25-Year Leveraged Lease Ship Financing Arrangements were made through the undersigned for the placement of the equity interest in the leveraged lease financing of the Pride of Texas, a 36,400 DWT U.S. flag dry bulk cargo carrier, representing the first vessel in a Maritime Administration sponsored series to modernize and expand the U.S. flag dry hulk fleet. WARBURG PARIBAS BECKER INCORPORATED A.G.BECKER INCORPORATED lime 1981 The S/S Ponce (shown above) left Sun Ship Inc. recently after undergoing a 22- month, $30-million conversion at the Chester, Pa., shipyard. In the unusual project, which began in July 1979, a new hull section was spliced into the center portion of the roll- on /roll-off (RO/RO) trailership, and its ma- chinery plant was modernized. The new 90-foot hull section increased the ship's length to 790 feet and boosted the Ponce's trailer-carrying capacity by 35 percent to a total of 410 forty-foot over- the-road trailer equivalents. The installation of new boilers, generators, and a variety of other auxiliaries improved both fuel effi- ciency and operation ease. While on sea trials, the Ponce reached a speed of 25 knots. The Ponce's first destination after conver- sion was Port Elizabeth, N.J. The ship will be making scheduled trips between Eliza- beth and San Juan, Puerto Rico. One of 10 RO/RO ships built by Sun Ship, the Ponce was launched in November 1967, and delivered in March 1968. She is oper- ated by the Puerto Rican Maritime Ship- ping Authority, and is assigned to carry cargoes from major East Coast ports to San Juan. New Torque Controller Introduced By Delaval —Literature Available A new device to limit or prevent damage to thickeners, clarifiers, mixers, elevators, hoists, conveyors, or other process or mate- rials-handling systems where large torques are encountered, has been introduced by the Delroyd Worm Gear Division of Trans- america Delaval Inc. Designated the TQ-8 torque monitor and controller, it is available on any Delroyd worm gear speed reducer. The new unit is adaptable to single or multiple reduction reducers with vertical or horizontal con- figuration, shafted or shaft mounted, so long as the reducer is driven through an induction motor. A transducer pickup is installed on the motor mount, the monitor/controller itself being up to 200 feet away. Shaft speed is converted to slip (which varies linearly with torque in the 10-115 percent load range), and is compensated for temperature and line voltage variations with solid state circuits. For a free data sheet on the new TQ-8 torque monitor and controller, Write 21 on Reader Service Card 10 Write 198 on Reader Service Card Maritime Reporter/Engineering News