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IjCilV ^ 83 (continued from page 8) INTERNATIONAL MARITIME FINANCE PROGRAM Tuesday, November 8 9:30—Official opening 10:15—Coffee break Chairman—Michael D. Revell, Adminis- trative Vice President, Director of Ship- ping, Marine Midland Bank n.a.—London, United Kingdom. 10:30—Introduction to the conference by the chairman. 10:40—"An Overview of the Present Shipping and Shipbuilding Scene," J.G. Davis, Chairman, International Maritime Industries Forum. 11:25—"Bank Shipping Finance: a Spherical Approach," Prof. Costas Gram- menos, Athens, Greece. 12:15—"The World Economy in Crisis," Prof. Brian Griffiths, Dean, the City Univer- sity Business School—London, United Kingdom. 1:00—Luncheon 2:00—"Role of the Bank Committed to Investment in Shipping," Charles Barring- ton, Grindlays Bank p.I.e.—London, United Kingdom. 2:45—"The Financial Plight of Ship- owners," H. Rootliep Member of the Board, Koninklijke Nedlloyd Groep N.V.—Rotter- dam, the Netherlands. 3:30—Tea break 4:00—Panel discussion 5:00—Close 6:30—Reception at the Rijksmuseum Wednesday, November 9 Chairman—Prof. Henry S. Marcus, As- sociate Professor-Marine Systems, Massa- chusetts Institute of Technology—Cam- bridge, U.S.A. 9:30—Keynote speech, "International Maritime Policies and Their Effect on Fi- nance," Prof. Henry S. Marcus. 10:15—"Dangers of Governmental In- terventions and Subsidies for the World Shipbuilding Market," W. Fante, Managing Director, Verband der Deutschen Schiff- bauindustrie e.V. Hamburg, Federal Re- public of Germany. 11:00—Coffee break 11:15—"Economics of Large-Scale Ma- chinery Conversions," Dr. J.B. Parga, Pres- ident, Association de Ingenieros Navales de Espana—Madrid, Spain. 12:00—Luncheon 1:30—"The Case for Scrapping Now," W.W.Y. Lee, Chairman, Marine Navigation Company Ltd., London, United Kingdom, Member of Intertanko's Executive Committee. 2:15—"Finance for Port Development", J.H. Betist, Director of AMRO-Bank, Rot- terdam, Head of Concern Relations, Am- sterdam-Rotterdam Bank N.V., Rotterdam, the Netherlands. 3:00—"Ship Purchase—An Independ- ent Tramship Owner's Point of View," J.C. Lyras, Director, Lyras Brothers Ltd.—Lon- don, United Kingdom. 3:45—Tea break 4:00—Final Summing-up, Frank Chao, President, Wah Kwong & Co. (Hong Kong) Ltd.—Hong Kong. 4:45—Close Dredging Days The International Inland Ship- ping Exhibition, known as Bin- nenscheepvaart '83, has been or- ganized for the third time and is an integral part of Europort '83. The so-called 'wet-work' contrac- tors are grouped together in the Delta Hall of the RAI complex to form a central theme—dredging. A separate conference on Instru- mentation and Control of Dredg- ing Processes has been organized by the Central Dredging Associa- tion (CEDA). The Dredging Days will com- prise two sessions, the afternoon of Thursday, November 10 (1:30-5:45) and the morning of Friday, No- vember 11, 1983 (9:15-1:30). Provisional Program E.W. James of the Interna- tional Association of Dredging Companies, will open the Dredg- ing Days. The following papers have been (continued on page 12) ^g*1* Heavy Fuel Viscosity Control System We don't think you should change to another shaft bearing just because it's new. We think you should change because it's better. Over ten years of trials have proven Thordon better than conventional materials — so much better that you can't afford to overlook it on your next refit. Better than rubber, because Thordon has its own built-in-lubricants — it runs quietly at low speeds and can even run dry for short periods without damage. Better than phenolic, because Thordon is abrasion-resistant and doesn't need kid-glove handling during installation or operation. It literally absorbs pounding and keeps on running. 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