Page 2: of Maritime Reporter Magazine (March 15, 1969)

Read this page in Pdf, Flash or Html5 edition of March 15, 1969 Maritime Reporter Magazine

Missouri Barge Agrees To Acquisition Plans Set By Chromalloy A. J. Demayo, executive vice-president for corporate expansion of Chromalloy American Corp., an-nounced that it has come to an agreement with Missouri River Barge Line, Inc. of Kansas City for the acquisition of the barge line. Under the terms of the agreement, Chromalloy will issue 49,500 shares of its common stock in exchange for all of the acquired company's stock. Missouri River Barge is a non-regulated water carrier operating principally in the bulk grain trade on the Missouri and Mississippi Rivers. Its fleet consists of two towboats and 31 barges. Bethlehem To Build Liquid Sulphur Carrier For Marine Transport Marine Transport Lines has an-nounced the award to Bethlehem Steel Corporation's Sparrows Point ship-: yard of a $10-million contract to con-j struct a liquid sulphur carrier. The contract calls for the construction of ! a 460-foot long forebody and the join-ing to a T-2 tanker stern. Actually, the Sparrows Point yard will build the forebody and Bethlehem's Key Highway yard will do the joining. The resulting 612-foot vessel will have a ca]>acity of 23,000 tons and will be a sistership to the Marine Floridian, which Bethlehem built about two years ago. Delivery is scheduled for April. 1970. STARPORTER CONTAINER & GENERAL PURPOSE CRANE VERSATILE-FAST-EFFICIENT VERSATILE, because Starporter handles any cargo from the same berth-without re-reeving. It adapts to various cargo needs by using any of a wide range of standard or specialized quick-change attach-ments. FAST, because Starporter's high-speed straight-line operation plus greater capacity moves more tons per hour of container, pallet, unit or general cargo. EFFICIENT. Starporter is efficient because low per-ton handling cost along with faster ship turnaround pays-off in maximum use of crane and terminal fa-cilities for prompt return on investment. If you are interested in versatile, fast and efficient cargo handling, write or call today. STAR IRON Si STEEL CO. 326 Alexander Avenue/Tacoma, Washington/98421 Telephone (Area Code 206) 627 9131 East Coast Representative: Robert Moore Corporation 350 Main Street, Port Washington, N.Y. (zip code 1L050) (Area Code 516) 883-7660 Southeastern Representative: John Blake Engineering & Sales Co. P.O. Box 23541, New Orleans, La. (zip code 70123) (Area Code 504) 821-4051 Export: Brown & Sites Co., Inc. 233 Broadway, New York, N.Y. (zip code 10007) (Area Code 212) 349-3600 STARPORTER Container Cranes are also built by the following: Canada: Canada Iron Foundries, Limited, Western Bridge Division Japan: Kawasaki Electric & Machine Co.. Ltd Holiday Inns Become Second Set Of Owners To Acquire Delta Lines The Maritime Subsidy Board has cleared the way for acquisition of Delta Steamship Lines Inc., a sub-sidized liner company, by Holiday Inns of America Inc. Holiday Inns obtained control by acquiring all the capital stock of T.C.O. Industries which had acquired 98 percent of Delta's common shares in January. The board's decision was condi-tioned only on Holiday Inns agreeing to assume all the outstanding condi-tions and obligations applicable to Delta's subsidized operation. Included would be using none of Delta's facil-ities, services or personnel without prior board approval, complying with the U.S. citizenship requirements of the 1936 Merchant Marine Act, and clearing the transaction with other state and government agencies, trus-tees and bondholders under Title XI ; ship mortgage insurance obligations. Here's a high wattage searchlight designed to give you vivid illumination for a distance of at least one mile. Perfect for safe navigation and protection of your vessel. All copper, bronze and brass construction for long service life. Exclusive pinion-gear drive for fast, easy horizontal and vertical sweep with double-wheel or lever control. Ray-Line pilot house control, high wattage searchlights are available in 10", 12", 14" diameter, 300 to 1000 watts, 24 to 220 volts, 1 mile and 1 Vz mile beams. For complete specifications of No. 1088 searchlight (shown here) and full line of 6" to 26" searchlights, send for catalog CM66MR Manufactured "[fog Portable Light Co., Inc. Estf^fed 65 Passaic Avenue, Kearny, New Jersey 07032 For High-Wattage Illumination MARITIME! REPORTER ENGINEERING NEWS* 107 EAST 31st STREET NEW YORK, N.Y. 10016 MUrray Hill 9-3266, 3267, 3268, 3269 ESTABLISHED 1939 Maritime Reporter/Engineering News is published the 1 st and 1 5th of each month by Maritime Activity Reports, Inc., with executive, advertising and editorial offices at 107 East 31st Street, New York, N. Y. 10016; publishing office at 41 First Street, Hoboken, New Jersey 07030 Controlled Circulation postcge paid at Hoboken, New Jersey 07030 Member Business Publications Audit of Circulation, Inc. No. 6 Volume 31 4 Maritime Reporter/Engineering News

Maritime Reporter

First published in 1881 Maritime Reporter is the world's largest audited circulation publication serving the global maritime industry.