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InterTrade MARINE PRODUCTS DIVISION "A LEADING SUPPLIER TO THE U.S. NAVY' DOCK FENDERS FROM 2'x4' TO 8'x22' LARGE FENDERS FROM 5'x10' TO 11'x22' SMALL FENDERS FROM 5"x24" TO 4'x8' PRODUCT TYPE All of these fenders are foam filled. The advantage of foam filled fenders is their high energy absorption performance, with low reaction forces. The strong durable outer skin of each fender is produced of a high abrasion resistant material. This outer skin is further strengthened with fiber applied with a filament winding machine. The result is an outer coating with the ultimate in strength and durability. NOTE: The InterTrade coating will not mar ship surfaces as rubber does. WASHINGTON D.C. OFFICE: 1580 E. GUDE DRIVE ROCKVILLE, MD 20850 (301) 294-9077 CORPORATE OFFICE: InterTrade Industries, Ltd. 15301 Transistor Lane Huntington Beach, Ca 92649, U.S.A. (714)894-5566 Circle 188 on Reader Service Card ON THE COVER Cover: An exploration rig on the Grand Banks. Courtesy Newfoundland Department of Development and Tourism Preview—38th Annual CSSRA Technical Conference/ 1st Canadian Shipbuilding & Offshore Exhibition PAGE 12 Reducing Fuel Costs PAGE 24 New Firm Applies To MarAd For Title XI On Six Passenger Vessels Floating Through America Inc. (333 East 30th Street), New York City, plans to build six small pas- senger vessels to be used for cruising in domestic waters. The company applied to the Mar- itime Administration for a guaran- tee of a construction loan to build the 175-foot vessels at Bender Ship- building, Mobile, Ala. The total cost of the six vessels was estimated at $36 million. The company sought a government guar- antee for 75 percent of the financ- ing. Delivery, according to the compa- ny, was expected between Septem- ber 1986 and June 1988. The intention is to use the 49-pas- senger craft, which were designed for a crew of 14, in the "waterways of America." Purcell Appointed Manager Of Engineering At Interocean Management Charles E. Purcell was ap- pointed as manager of engineering at Interocean Management Corpo- ration, Philadelphia, Pa., according to the company's chairman and president George P. Steele. Mr. Purcell, who recently joined the vessel management firm, will be responsible for the engineering management of the corporation's fleet-managed vessels which pres- ently consist of oceangoing tankers, RO/RO ships and specialized crane ships. He was previously manager, fleet services with Shell Oil Company in Houston, Texas. He brings with him a varied background in vessel man- agement, shipyard management and naval architecture. 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Room No. 206 Pegasus Mansion 21-7, Hakusan, Bunkyo-ku, Tokyo 112 Japan Telephone: 03 (812) 2406 Telex: 02722469 EVERAD J MARITIME REPORTER AND ENGINEERING NEWS ISSN-0025-3448 118 EAST 25th STREET NEW YORK, N.Y. 10010 (212) 477-6700 Telex: MARINTI 424768 ESTABLISHED 1939 Maritime Reporter/Engineering News is published the 1st and 15th of each month except monthly in April, June, November and December by Maritime Activity Reports, Inc. Mailed at Second Class Postage Rates at Waterbury, CT 06701 and additional mailing offices. Postmaster send notification (Form 3579) regarding undeliverable magazines to Maritime Reporter Engineering News, 118 East 25th Street, New York, NY 10010. Member VBPA Business Publications Audit of Circulation, Inc. No. 2 Volume 48 ALL MATERIAL FOR EDITORIAL CONSIDERATION SHOULD BE ADDRESSED TO ROBERT WARE, EDITOR. 4 Maritime Reporter/Engineering News
