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A TRADITION OF LEADERSHIP, QUALITY & SERVICE SINCE 1927 NATIONAL MARINE SERVICE For over 50 years, National Marine Service Incorporated has served its industry, its nation, proudly. O ur professionals, whether a welder or mechanic in one of our shipyards, or the Captain of one of our modern towfooats, provide you with the same high quality skills and services today, that through the years have made National Marine Service one of the leaders in the ever expanding marine industry. Without question, customers of National Marine Service will enjoy the same high quality skills and services... today and tomorrow SHIPYARD SERVICES Hartford, IL (618)254-7451 Harvey, LA (504) 394-6230 Grafton, IL (618)254-7451 TRANSPORTATION SERVICES St. Louis, MO (314)968-2700 Houston, TX (713)688-1481 New Orleans, LA (504)394-6230 NATIONAL MARINE SERVICE Incorporated One of the NICOR basic energy companies Write 741 on Reader Service Card ON THE COVER Grand Republic Largest Addition To McAllisters Brothers Fleet Delivered SEE PAGE 26 FishExpo 83 — A Preview — SEE PAGE 14 American President Lines Reorganization Approved By Maritime Subsidy Board The Maritime Subsidy Board has approved a "Plan and Agree- ment of Reorganization" provid- ing, among other things, for the formation of a new corporation as the owner of the subsidized Amer- ican President Lines, Ltd. (APL). The new firm is American Pres- ident Companies, Ltd. (APC). Under the plan, submitted to the board on behalf of APL last month, all capital stock in Nato- mas Transportation Co., the sole shareholder of APL, will be dis- tributed to APC, after which all capital stock in APC will be dis- tributed to the existing Natomas Company shareholders. The reorganization stems from the proposed purchase of Natomas by Diamond Shamrock Corp. Huge Increase In Shipbuilding Orders For Japan Yards New orders for Japanese ship- yards for the month of July in- creased dramatically (almost 500 percent) over the same month in 1982. A July orderbook value at around $888 million was recorded bringing the total backlog for Jap- anese yards to over 11 million gwt for the first time in two years, ac- cording to the Japan Ship Export- ers Association. Maritime Protection A/S Installs Washing Systems On Texaco Tank Ships Maritime Protection A/S, in Norway recently completed the in- stallation of crude oil tank wash- ing systems, an inert gas system and a "Cargomaster Level Sys- tem" on the M/T Texaco Florida and accepted an order for a second system for the M/T Texaco Con- necticut. The combined orders amount to NOK 11 million. MARITIME REPORTER and Engineering News Editorial and Executive Offices 107 East 31st Street, New York, N.Y. 10016 (212) 689-3266 ITT Telex: 424768 MARINTI PUBLISHERS John E. O'Malley Charles P. O'Malley VICE PRESIDENT John C. O'Malley EDITORIAL DIRECTOR Charles P. O'Malley SENIOR EDITOR Thomas H. Phillips ASSOCIATE EDITOR Kathleen Reagan EDITORIAL COORDINATOR Lillian Irvine TECHNICAL EDITOR L. Parke Adair, BSNA, PE INTERNATIONAL EDITOR Robin F. Burnett, MRINA, MNI, London, England BUSINESS MANAGER John E. O'Malley ADVERTISING SALES DIRECTOR John C. O'Malley ADVERTISING PRODUCTION MANAGER Katherine St. Onge ART DIRECTOR Ellen Hemmer CIRCULATION MANAGER M. Sottile SALES OFFICES New York, New York Maritime Reporter & Engineering News 107 East 31st Street New York, NY 10016 Telephone: (212) 689-3266 Houston, Texas Robert Hawley Gary Lindenberger Mike Sullivan 11777 Katy Freeway, Suite 155 Houston, TX 77079 Telephone: (713) 870-0470 Italy Mr. Vittorio F. Negrone Ediconsult Internazionale Piazza Fontane Marose 3-16123 Genova, Italy Telex: 211197 EDINT 1 Telephone: (010) 543.659-268.334-268.513 Scandinavia Mr. Stephan R G Orn Ab Stephan R G Orn Box 184, S-271 00 Ystad, Sweden Telex: 33335 ORN S Telephone: 0411-184 00 MARITIME REPORTER AND ENGINEERING NEWS No. 19 (USPS 016-750) 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 Circu- lation postage paid at Waterbury, Connecticut 06701. Postmaster send notification (Form 3579) regarding undeliverable magazines to Maritime Reporter/Engineering News, 107 East 31st Street, New York, N.Y. 10016. Member VBPA Business Publications Audit of Circulation, Inc. Volume 45 4 Maritime Reporter/Engineering News
