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The deck of the Amaranth Jolly. Fincantieri-Cantieri Navali Ital- iani SpA in Italy has completed major conversion work on the roll- on/roll-off containerships Ama- ranth Jolly and Grey Jolly owned by Ignazio Messina. Without increas- ing the main dimensions, the cargo capacity of each ship was almost doubled—from 500 to 976 TEUs. The ships, built in Japan, had void areas under the hangar deck that were converted to cargo holds. A fixed approach ramp from the hangar deck to the hold deck (dou- ble bottom top) was installed, along with a hydraulic door. A longer and wider ramp betweent he hangar deck and the upper deck was placed atop the existing one. Access to the middle deck was provided by a mov- able ramp. Watertight bulkheads in the holds were removed and replaced with supports, and beams and new Shelley To Succeed Holmes As President Of Raytheon Raytheon Company of Lexington, Mass., has announced that D. Brainerd Holmes, president, will retire from the company effective May 31, 1986. On May 24 he will be 65, the traditional retirement age for senior executives of this diversi- fied electronics company. Thomas L. Phillips, chairman and chief executive officer, an- nounced that the Raytheon board of directors has selected R. Gene Shelley, to succeed Mr. Holmes as president, effective June 1, 1986. A senior vice president, Mr. Shel- ley is both a group executive and the general manager of the Equip- ment Division headquartered in Wayland, Mass. As group executive, he is also responsible for the Electromagnetic Systems Division in Goleta, Calif.; the Submarine Signal Division in Portsmouth, R.I.; Raytheon Service Company headquartered in Bur- January 15, 1986 floors were arranged inside the dou- ble bottom. Beams, supports, and pillars were fitted under the upper deck. A new lighting system and fire detector were installed in the lower hold, as well as a C0.2 system in the same area. An existing elevator go- ing from the hangar deck to the upper deck was removed and the decks were closed off using prefabri- cated panels. A watertight bulkhead was fitted in the steering gear room to accommodate the increased draft. Trestles for the loading of contain- ers were installed on the upper deck, and various other modifications were made to air vents, pipelines, fender supports, accommodation ladders, etc. For more information on Fincan- tieri's facilities and services, Circle 10 on Reader Service Card lington, Mass.; and Sedco Systems, Inc. of Melville, N.Y. Mr. Shelley joined Raytheon in 1964 as manager of the Goleta oper- ation, and became general manager when the operation became the Electromagnetic Systems Division in 1969. He was named a vice presi- dent in 1973, group executive in 1978, and senior vice president in 1979. NAVSEA Awards $4.4-Million Contract To Southwest Marine Southwest Marine Incorporated, Terminal Island, Calif., was awarded a $4,365,000 firm-fixed- price contract for the selected re- stricted availability of the USS George Philip (FFG-12). The work will be performed in Terminal Island and is expected to be completed March 28. The Naval Sea Systems Command, Washing- ton, D.C., is the contracting activity (N00024-85-H-8222). Ingersoll-Rand Purchases Fafnir Bearing Division— Literature Available Ingersoll-Rand Company has purchased Fafnir Bearing Division of Textron, Inc., and has merged the ball bearing manufacturer with The Torrington Company, a wholly owned subsidiary. "This merger broadens the com- bined company's bearing product lines, strengthens our technology base and enhances our competitive position in global markets," said Thomas E. Bennett, president of Torrington. In addition, Mr. Bennett an- nounced that Harold M. Brodsky would remain to direct Fafnir's op- erations as a division of Torring- ton. With the addition of Fafnir, Tor- rington becomes one of the largest broadline bearing manufacturers in the U.S., and fifth largest bearing supplier in the world. Torrington, one of the world's largest needle bearings suppliers, serves a wide variety of markets, including automotive, consumer du- rables, oilfield and off-highway equipment, and metal and paper mills. Fafnir, on the other hand, manu- factures and sells precision ball bearings used in aerospace, machine tool, industrial and agricultural markets. For complete detailed literature on Torrington, Circle 44 on Reader Service Card GE Receives $156-Million Contract For Naval Nuclear Propulsion Components General Electric Company, Ma- chinery Apparatus Operation, Schenectady, N.Y., is being awarded a $156,796,000 cost-plus-fixed-fee contract for naval nuclear propul- sion components. Work will be per- formed in Schenectady, N.Y., and is expected to be completed in Sep- tember 1990. The Naval Sea Sys- tems Command, Washington, D.C., is the contracting activity (N00024- 85-C-4013). Fincantieri Completes Major Overhauls On Two RO/RO-Containerships tk flkW* M Servicing and main- '"m,1 I I ipi UliiP 1 taining inactive rigs MM I HlBIMl1 nearshore is frustrat- • ing and expensive. V Berthed dockside in • • mMK • • IL Galveston provides JmBB the economic edge m • of 10-minut-e access PA! lICCTflill services and UALVtO I UN! Sent 50 freeway miles from Houston and less than an hour from open sea ... and reasonable rates for rigs in ready or make-ready reserve. • Compare copts of dockside location vs. nearshore lay-up. You'll save a bundle! PORT OF GfllVESTOfl 150 years of service ... 15 in container expediting. Shearn Moody Plaza. P O. Box 328. Galveston. Texas 77553 / Phone 409/765-9321 Houston Office: P. O Box 1669. Houston. Texas 77251-1669 / Phone 713/228-9838 SALES AGENCY: American Intertrade, 2828 Bammel Lane. Houston. Texas 77098 / Phone 713/993-9412 Circle 102 on Reader Service Card 17