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Toll Free 1-800-321-2252 In Ohio 1-800-362-0588 Duracote Corporation 350 North Diamond Street, Ravenna, Ohio 44266 Circle 271 on Reader Service Card ON THE COVER SNAME Annual Meeting Preview -Pullout Section— PAGE 47 Coastal Drydock Wins $10.5-Million Contract For USS Shreveport Overhaul Coastal Drydock and Repair Cor- poration, Brooklyn, N.Y., was awarded a $10,587,000 firm-fixed- price contract for the regular over- haul of the USS Shreveport (LPD- 12). The work will be performed in Brooklyn, and is expected to be completed May 27, 1986. The contract funds for the project would not have expired at the end of the current fiscal year. There were 23 bids solicited and 11 offers re- ceived. The Supervisor of Ship- building, Conversion and Repair, Portsmouth, Va., is the contracting activity (N00024-85-H-8130). Korea Agrees To Use U.S.-Flag Ships To Carry Military Cargoes According to a recent announce- ment by Rep. Helen Bentley (R- MD), the South Korean government has agreed to haul military cargo purchased in the U.S. exclusively in U.S.-flag vessels until a deficit of 50,000 tons of cargo owed to Ameri- can shipping lines is made up. Various agreements between the U.S. and Korea state that portions of military shipments are to be car- ried in U.S.-flag vessels, and 100 percent when credit is involved. Rep. Bentley wrote to Korean Am- bassador Byong Hion Lew stat- ing that "there has been little if any effort to comply with that require- ment." As a result, a deficit of as much as 75,000 tons of cargo due to U.S. shipping lines has accumu- lated. The Maritime Administra- tion, however, has suggested settling to volume at 50,000 tons. In his reply to Mrs. Bentley, Ambassador Lew stated, "It has been agreed that all cash- and credit- funded material will be shipped on U.S.-flag vessels until such time as the deficit has been eliminated." 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