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Title XI Approved On $24-Million Package For Puget Sound Tug & Barge The Maritime Administration has approved in principle an appli- cation from Puget Sound Tug & Barge Co., One Market Plaza, San Francisco, Calif., a wholly owned subsidiary of Crowley Maritime Corp., for a Title XI guarantee to aid in financing or refinancing one ice-strengthened oil/deck cargo barge and four deck cargo barges. The MarAd guarantee is designed to assist the company in obtaining favorable commercial financing for the project. All the vessels were built by FMC Corp., Portland, Ore. The 205-foot icebreaking barge Arctic Endeavor was delivered in July 1982. It is expected to be used by oil companies in support of Arctic offshore energy exploration. The four ocean deck barges are each 400 feet long. They will be used to provide contract barge transporta- tion between the U.S. Pacific Northwest and Alaska. One was delivered in December 1982 and others in May 1983. The approved guarantee is for $16.7 million. This total does not exceed 75 percent of the total de- preciated actual cost of the five vessels which has been deter- mined to be $24,143,768 (as of September 30, 1983). Michigan Wheel rudder system: The state of the art. Virtually any vessel operating with a ducted propeller system can realize impressive gains in overall turning efficiency and ma- neuvering with a Michigan Wheel Towmaster Rudder System. The heart of every Towmaster System involves the utilization of three high aspect ratio rudders. Individually, each Towmaster rud- der produces a higher lift to drag ratio than conventional center- line rudders. Collectively, Turning Grcles — Oametefs Based upon single screw results Towmaster's triple rudders create flow variations on themselves-a cascade effect—which permits 60° helm angles before rudder stall occurs. The result is im- pressive. Research documents that when a Towmaster System is compared with fixed nozzle and open propeller systems, turning diameters are routinely reduced by 90% and 65%, respectively. When increased maneu- verability and station keeping capability can lower operational costs and increase vessel profitability and safety, the logic of installing a Michigan Wheel Tow- master Rudder System becomes clear. The original Towmaster System was introduced in 1967 by the respected marine design firm Burness, Corlett & Part- ners, Ltd. (BCP). Now that Michigan Wheel Corp. (an industry innovator for over 75 years)possesses the exclusive domestic sales and design rights to the Towmaster System, North American ship operators can take advantage of the combined technological exper- tise of Michigan Wheel and BCP. To discover how over one hundred Towmaster Rudder Sys- tems have weathered the severe tests of time with virtually trouble- free performance, and how Tow- master technology could improve the maneuverability of your vessel, contact: Michigan Wheel, 1501 Buchanan Ave. S.W., Grand Rapids, Ml 49507. Phone: 1 616452-6941. Telex: 6877077 MIMOT UW. Michigan Whea® Corporation Davis Named President Of EDO Int'l Division Gerald Albert, president of EDO Corporation, College Point, N.Y., has announced the appointment of Charles S. Davis as president of the EDO International Division. He also will serve as assistant to the president of EDO for acquisi- tion and corporate development. Mr. Davis has extensive service in the United States Navy and Naval Reserve where he continues to serve. EDO Corporation designs and manufactures advanced elec- tronic and specialized equipment for military applications and for marine, and other commercial markets. Robin Hood Fleeting Appoints Two Managers Joe Hines, vice president of Ro- bin Hood Fleeting Services of Ba- ton Rouge, La., has announced the appointments of Glenn C. Gard- ner as account executive and Ger- ald A. Schilling as operations manager. Mr. Gardner will handle trans- portation and freight brokerage sales for Robin Hood Fleet over the entire inland waterway sys- tem. Mr. Schilling will also assist in the development of a major re- pair facility as the owners repre- sentative at United States Coast Guard and ABS inspections. Lamberts Point Barge Title XI Approved For $20-Million Coal Barge The Maritime Administration has approved in principle an appli- cation from Lamberts Point Barge Co. of One Commercial Place, Nor- folk, Va., for a Title XI guarantee to aid in the financing of a 35,000- deadweight-ton self-discharging coal barge to be used in export coal top-off operations in Delaware Bay. The MarAd guarantee is de- signed to assist the company in ob- taining favorable commercial fi- nancing for the project. Lamberts Point Barge is a wholly owned subsidiary of Norfolk Southern Corp., a major rail transporter of export coal. The approved guaran- tee is for $15,650,000 or 75 per- cent of the vessel's estimated ac- tual cost of $20,865,050. Bay Shipbuilding Corp. at Stur- geon Bay, Wise., will be the builder. It will have an overall length of 550 feet, a molded beam of 78 feet and a full-load molded draft of 34 feet 7 inches. The estimated deliv- ery date is April 1984. It will be equipped with two clam bucket cranes for use in topping off large bulk carriers. Due to draft restric- tions, these oceangoing colliers will have been only partially loaded in Norfolk, Baltimore or Philadelphia. The barge will be operated by Coastal Barge Corp. and Coal Lo- gistics Corp, will serve as manager and sales agent. 8 Write 447 on Reader Service Card Maritime Reporter/Engineering News
