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91st SNAME Annual Meeting Special Report (continued from page 21) Robert J. Van Houten for their paper, "Theoretical and Experi- mental Propeller-Induced Hull Pressures Arising from Intermit- tent Blade Cavitation." This prize is given to the author or authors of the best paper contributed to the Transactions of the Society at its Annual Meeting the preceeding year. The best paper delivered before a Section of the Society gets the Vice Admiral E.L. Cochrane Award. This went to Watt D. Bur- ton Jr., for his paper, "A Survey of Marine Steam Propulsion Plants for Commercial Ships in the 1980s," delivered at the Hampton Roads Section on April 14, 1983. The Graduate Paper Honor Prize for 1983 was awarded to Jona- than J. Shields for his paper, "Containership Stowage: A Com- puter-Aided Pre-planning System," presented at the April 14, 1983 meeting of the Northern Califor- nia Section. The Samsung Formula Delivery on Time - Competitive Costs - Quality There's more to the "Samsung For- mula" than just on-time delivery, competitive costs and quality. Our formula also contains many ingre- dients that are important to any shipowner such as modern management systems, experienced manpower and a modern shipyard, complete with all the amenities. And in the way of technology, we have made the perfect blend of European and Asian technologies that enable us to build sea-going vessels second-to-none, For your next shipbuilding project, give us a call and we will meet your specifica- tions fully applying the "Samsung Formula" in the best tradition of master shipbuilders. Samsung, the company that works for you! VESSELS UP TO 200.000DWT •Bulk Carriers •Oil/Chemical Tankers •Container Vessels •Ro-Ro Vessels •Supply Vessels •Specialized Vessels Shipbuilding Division SAMSUNG SHIPBUILDING & HEAVY INDUSTRIES CO., LTD. Head Office: Samsung Main Bldg. 250, 2Ka, Taepyong-ro, Chung-ku, Seoul, Korea Tel: 771-33, Telex: SHICO K23726, SSYARD K23306 Koje Shipyard: 530, Jangpyung-ri, Sinhyun-up Koje-kun, Kyongsang Nam-do, Korea Tel: Gohyun 2-2151/9, Telex: SSCYARD K29211, 29212, 29213 •OVERSEAS BRANCHES • TOKYO Tlx: 2228463SHITKY J 'HONG KONG Tlx: 83236 HSTAR HX "SYDNEY Tlx: AA70747 SAMSYD "DAMMAM Tlx: 602439 SCCDAM SJ "NEW YORK Tlx: 135536 SAMSUNG FORT -LOS ANGELES Tlx 696141 LASTAR LSA •LONDON Tlx: 264606 STAR LG •DUSSELDORF Tlx: 8586392 SAMD D SNAME president C. Larry French addressing the President's Luncheon. The Undergraduate Paper Honor Prize for 1983 was awarded to Ta- mara S. Upham for her paper, "Analysis of Japanese Ship Con- tract Price Data from 1975 to 1979," given before the Great Lakes/Great Rivers Section on January 21, 1983. The Graduate Paper Award was given to George Triantafyllou for his paper, "Behavior of Elastic Membranes in a Current for Ap- plications in Uranium Extraction," presented on January 27, 1983 at the New England Section. Hendrik F. Van Hemmen re- ceived the Undergraduate Paper Award for his paper, "The Mono- form Slip Concept: Design Princi- ples and Preliminary Performance Characteristics," delivered at the Chesapeake Section on May 25, 1982. A Certificate of Appreciation was given to Monroe D. Macpherson for his outstanding service as chairman of the Sections Commit- tee from 1970 to 1982, and the So- ciety's most immediate past presi- dent, John J. Nachtsheim, received a Presidential Certificate of Appreciation. The President's Luncheon awards ceremony con- cluded with the presentation (in absentia) of Golden Award 50-Year Membership Certificates to Capt. Oscar Stiegler, USN (Ret.), and Edgar Svikis. The President's Address In his annual address delivered at the President's Luncheon, Mr. French gave some observations on National Defense and the changing views our government has had on what is required as a government-funded national de- fense program. He also proposed a program that he thinks would im- prove our national defense capa- bilities, aid our maritime and "smokestack" industries, and im- prove the tax base. To begin with, Mr. French of- fered a different view of what na- tional defense is: "The first con- cept most people have of national defense is the armed forces. We have become used to thinking of the three branches of our national defense—Army, Navy, and Air 22 Write 595 on Reader Service Card Maritime Reporter/Engineering News