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83 A New 5 Month* Ship Repair Record For Lockheed For the Navy, Coast Guard, NOAA, Bureau of Indian Affairs, Washington State Ferries, Alaska State Ferries, Military Sealift Com- mand, and a host of commercial operators, Lockheed is handling the emergency and long-term repair needs of more vessels than ever before. We meet all turnaround requirements, including 24-hour around- the-clock service if necessary. Our ship- building know-how means ship repair can-do expertly and efficiently. Also economically. Get the good news from our estimators. •January through May, 1979 SHIPBUILDING AND CONSTRUCTION COMPANY 2929 I 6 t h AVE S W PHONE 206 292 5656 SEATTLE WASH 98134 CABLE LOCKSHIP 3 floating drydocks to 18,000 tons Shipways to 100 x 700 feet • Piers to 1,100 feet Write 241 on Reader Service Card ON THE COVER Diesel Power Review Page 18 'The Mr. Ray' Christened At McDermott Yard Page 8 $16-Million Title XI MarAd Guarantee Approved For Dry Cargo Barge Acting Maritime Administra- tor Bruce McAllister recently ap- proved in principle an application from Universal American Barge Corp., Greenwich, Conn., for a Title XI guarantee to aid in fi- nancing a 33,000-dwt dry cargo barge. The vessel was built by Bay Shipbuilding Corp., Sturgeon Bay, Wis., and delivered last month. The applicant, a subsidiary of Universal American Shipping Co., indicated the barge will be used for domestic coal shipments. The approved guarantee is for $16,- 047,000, or up to 87.5 percent of the barge's estimated depreciated actual cost of $18,339,638. Award $2.3-Million Navy Contract To CDI Marine CDI Marine Company, Jack- sonville, Fla., recently announced the award of a major contract with Boland Marine and Manu- facturing Company, New Orleans, La. CDI Marine Company is to furnish engineering and design services for the conversion of a C3-S-33a Design Ship to a Fleet Ballistic Missile Resupply Ship (T-AK-5) (FMB). The $2.3-mil- lion contract was a result of CDI Marine Company's proven ability to provide engineering services for major conversions and over- hauls within a short period of time. CDI Marine is one of the nation's largest naval architec- tural and marine engineering firms. ONLY MARITIME REPORTER GIVES YOUR ADVERTISING THESE POWERFUL SALES RUILDING ADVANTAGES • WORLD'S LARGEST circulation to buying influence readers • LARGEST US circulation to buyers • LARGEST INLAND/OFFSHORE (Shallow draft) circulation to buyers • 100% REQUESTED CIRCULATION in writing ...by each individual reader • MOST CURRENT CIRCULATION MR s total circulation is 100% qualified. Largest percentage of currently (less than 1 yr.) qualified circulation in the industry. • CIRCULATION TO PEOPLE Total Circulation Address Analysis...99.1% addressed to individual people...by name and title. • CURRENT EDITORIAL...TWICE each month ...MR publishes latest info FIRST. • BEST READ because it is CURRENT...weeks ahead of slower monthlies • UNEQUALLED PASS-ALONG READERSHIP 5 readers per single copy...over 200,000 monthly readership • FREE READER SERVICE CARD • EXCLUSIVE FREE LISTING for regular advertisers in Buyers Directory section of all 24 issues for one entire year. • DIRECT MAIL SERVICE • DIRECT RESPONSE CARD MAILINGS MARITIME REPORTER AND ENGINEERING NEWS MARITIME REPORTER /Engineering News 107 East 31 Street New York. N.Y. 10016 (212) 689-3266 THE ADVERTISING LEADER In 1980. a larger number of advertisers placed more pages of advertising in Maritime Reporter than in the No. 2 magazine. MARITIME REPORTER AND ENGINEERING NEWS (USPS 016-750) No. 20 Volume 43 107 EAST 31st STREET NEW YORK, N. Y. 10016 (212) 689-3266 Telex: MARINTI 424768 ESTABLISHED 1939 Maritime Reporter/Engineering News is published the 1st and 15th of each month by Maritime Activity Reports, Inc. Controlled Circulation postage paid at Waterbury, Connecticut 06701. Postmaster send notification (Form 3579) regarding undeliver- able magazines to Maritime Reporter/Engineering News, 107 East 31st Street, New York, N.Y. 10016. Member VBPA Business Publications Audit of Circulation, Inc. 4 Maritime Reporter/Engineering News Write 162 on Reader Service Card