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U.S. Yards Awarded Navy Repair Contracts A number of U.S. shipyards re- cently received contract awards for ship maintenance, repair and over- haul projects. In the Northeast, the USCG cut- ter Lupine will undergo drydocking and dockside repair at Boston Grav- ing Dock Corp. The contract is worth $491,782. Detyens Shipyards, Inc., Mt. Pleasant, S.C., was awarded the technical availability for the sub- marine tender USS Frank Cable (AS-40). The contract was worth $442,593. Two regular overhaul contracts totaling over three quarters of a million were awarded to Intermarine USA, Savannah, Ga. A $282,761 contract was for work on the fuel oil barge YON-98. A second contract, worth $508,372, covered the over- haul of the floating crane barge YD- 188. In Charleston, S.C., the Braswell Services Group received a restricted availability of the large auxiliary floating drydock AFDB-7 worth $131,778. In the Pacific Northwest, Foss Shipyard of Seattle received a $205,820 contract to prepare for and accomplish restricted availability of the minesweeper USS Esteem (MSO-438). The contract for deactivation, dry- docking and NRDF layup of the oiler USNS Hassayampa (T-AO-145) was awarded to Cascade General, Inc. The contract is worth $1,470,591. In Oakland, DONCO Industries received $144,910 for the restricted availability on the combat store ship USS Mars (AFS-1). Additionally, the firm also received $367,698 for the decommissioning restricted availability of the frigates USS Meyerkord (FF-1058) and USS Lang (FF-1060). Across the bay, the San Francisco Division of Southwest Marine was awarded the drydocking restricted availability of the USS Kansas City (AOR-3). The amount of the con- tract was $3,028,456. Service Engineering Co. has been awarded a $349,112 contract to carry out the deactivation and layup of the oiler USNS Navasota (T-AO- 106). In San Diego, Continental Mari- time of San Diego, Inc., was awarded two recent contracts. The first, worth $547,796, was for the drydocking phased maintenance of the amphibi- ous assault ship USS New Orleans (LPH-11). The second, worth $250,000, was for the technical avail- ability of the frigate USS Mahlon S. Tisdale. Southwest Marine's San Diego Division was awarded two contracts worth over $1.4 million. The first, worth $1,271,041, was for the phased maintenance availability on the cruiser USS Leahy (CG-16). The second contract, worth $ 190,000, was for the restricted availability of the destroyer USS Waddell (DDG-24). Campbell Industries of San Di- ego will perform the restricted avail- ability on the ASDV-1 under a $485,677 contract. Two contracts for A&E Industries of National City, Calif., totaling $428,606 called for the deactivation of the frigate USS Hepburn (FF- 1055) and work on the cruiser USS Chancellorsville (CG-62). Bay City Marine, Inc., also of National City, received a $110,184 contract for work on the minecountermeasure ship USS Champion (MCM-4). OMI Will Spin Off Foreign Ships, Affiliates Into New Company OMI, the bulk and tanker ship- ping company, recently announced that it will spin off all its foreign ships and affiliates into a new Euro- pean-based company. OMI said the spinoff company, to be called Universal Bulk Carriers, will be established through a public stock offering in Europe. The com- pany had said earlier that it was considering such a spinoff. OMI said the timing of the stock offering depends on conditions in European financial markets, espe- cially in Scandinavia. UBC Man- agement Ltd. is being set up in Lon- don to investigate and develop new investment opportunities. 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