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International Shipholding Signs Agreement With GD For MPS Squadron International Shipholding Corpo- ration, New Orleans, recently signed an agreement with General Dynamic Corporation, St. Louis, Mo., for the purchase of its Quincy, Mass.-based subsidiary, American Overseas Marine Corporation (Amsea) and its four-ship Military Prepositioned Ship Squadron (MPSRON) 3 based in Guam. There are presently three MPSRONs operated by commercial companies on behalf of Military Sealift Command. MPSRON l's four vessels off North Carolina are oper- ated by Waterman Steamship Cor- poration, New York, a subsidiary of International Shipholding. MPSRON 2 is positioned off Diego Garcia and its five ships are oper- ated by Maersk Lines Limited (MLL), Madison, N.J., the U.S. sub- sidiary of Copenhagen, Denmark- based A.P. Moller-Maersk. All ships are U.S.-flagged and each squadron carries the equipment and supplies needed by a Marine Brigade for one month. MLL made an initial offer for Amsea, but concerns were raised over a foreign-owned company hav- ing a controlling share of U.S. stra- tegic sealift assets. Members of Congress petitioned for Interna- tional Shipholding to be given pref- erence over MLL. The agreement must now be re- viewed by the Securities and Ex- change Commission and the Depart- ments of Defense and Transporta- tion. Willard Names Kagy Engineering Director Willard Marine announced that Brian S. Kagy has joined the com- pany as director of engineering, a new position within the company. Mr. Kagy will be responsible for marine engineering, project man- agement and engineering liason with government program offices. Previ- ously, Mr. Kagy held marine sys- tems and ship integration engineer- ing positions with General Electric Company and Tracor Applied Sci- ences, and served as a shipboard officer in the U.S. Navy. Willard Marine, in business more than 35 years, is one of the largest manufactures of RIB's in the U.S. Willard is the principal supplier of RIB's and other ship's boats for the U.S. Navy, the U.S. Coast Guard, as well as building RIB's for commer- cial users. For more information on Willard Marine, Inc., Circle 34 on Reader Service Card House Approves $3 Billion In Water Projects Funding The House Water Resources Sub- committee on the Water Resource September, 1992 9 Development Act of 1992 recently approved more than $3 billion for 24 new navigation, flood control and other Army Corps of Engineers wa- ter projects, including $1.4 billion for nine port and inland waterway projects. Under the bill, 37 projects previ- ously authorized by the Corps of Engineers have been modified and the establishment of a demonstra- tion project to study the use of mate- rial dredged from harbors and chan- nels is authorized. It directs the Corps of Engineers and the Envi- ronmental Protection Agency to con- duct a one-year review of contami- nated dredge sediment removal, pre- treatment and decontamination technologies. After the review, a five-year dem- onstration program would be set-up in harbors on each coast to assess the selected technologies. Baltimore harbor would also be studied to es- tablish criteria for determining when dredged material should be placed in contaminated sites or when it can be used in beneficial projects, such as wetlands creation and beach res- toration. Another provision of the House measure makes the harbor mainte- nance trust fund available to help pay for dredge material disposal areas. Yni Could LoseUpTo 94,000 Passengers This^arTo^feight Problems. A twin-diesel power plant can weigh over 40,000 pounds, and puts out 6,000 shp maximum. That can cost your ferry tons of passengers. But substitute two TF40 turbines and the scales shift dramatically. TF40's are just l/10ththe 3,454 mm weight of comparable diesels, and they still give you over 8,000 you have lots more room for passengers. That can mean as many as 94,000 more fares every year.* So before you go diesel, weigh the alternative. Call our Director of — 1,854 mm 1,118mm u 1,321 mm- A diesel exhaust system alone weighs more than an entire TF40. That's a lot of fares gone up in smoke. Marine Marketing at (203) 385-3863 for more on the TF40. The TF40. It puts the shp. So you get more speed —potentially enough to add an extra round trip a day. And since TF40's use far less space, * Based on a 10% increase in passenger capacity on a 450-passenger ferry operating three round trips per day, 350 days per year at 90% capacity. For details and an estimate of how many more passengers the TF40 can put in your boat, call us at (203) 385-3863. people in the seats. And leaves the diesels on the dock. We're OnThe Move. TEXTRON Lycoming Textron Lycoming/Subsidiary of Textron Inc. Stratford, CT 06497, USA ©1991 Textron Lycoming Circle 324 on Reader Service Card