Page 35: of Maritime Reporter Magazine (January 1969)

OIC Appoints Hemming Marine Sales Manager Harry E. Hemming Harry E. Hemming has been appointed manager, marine sales for OIC Corporation, a subsidiary of Kearney-National Inc., accord-ing to Charles A. Mathews, OIC assistant general sales manager. Mr. Hemming, with 20 years' experience in the marine field and in the sale of valves, will direct OIC's marketing efforts in this area, ranging from direct sales calls on major United States shipbuild-ers, to spearheading the develop-ment of a broader range of OIC valves and flow-control devices for marine applications. Mr. Hemming will be coordinating his sales pro-grams with the OIC Engineered Products Division which produces the versatile Twin-Power valve actuator that has already made large inroads for OIC in the field of shipboard and industrial automa-tion. OIC valves were installed on the world's first nuclear-powered com-mercial ship, the NS Savannah. Numerous vessels of the U.S. Navy, from destroyer escorts to giant carriers, have also been equipped with OIC products. Anglo Norness Orders Five Special Ships In Fleet Realignment Anglo Norness Shipping Com-pany Limited, the recently acquired shipping subsidiary of Zapata Nor-ness Incorporated, has announced that it is expanding its activities in the fields of chemical and oil/bulk/ ore (OBO) carriers. Norness has recently placed or-ders for five new vessels totaling about 485,000 dwt, representing a total investment exceeding $55,-000.000. Two of the vessels will be about 17,000-dwt chemical carriers and three will be OBOs of approxi-mately 150,000 tons each. The first chemical carrier is sched-uled for delivery in October 1969 and the second in June 1970. Both are under 15-year time charter to begin as soon as the carriers are ready for service. Delivery of the three OBO ves-sels is expected to be made in June, September and December 1971, re-spectively. All three vessels are under 20-year time charter to Associated Bulk Carriers, the company jointly H. O. PENN MACHINERY CO., INC. NEW YORK CITY. P O U G H K E E P SI E . WESTBURY. TUXEDO PARK NEW YORK NFWINGTON CONN According to Captain Dominick Lucibello, of Red Star Towing's new Tug, New Haven. "Nothing beats my CAT D398 TA Engines for sure steady, dependable performance. They uniquely combine the features of low throttle responsiveness and exact control with fast acceleration. This means that the New Haven is an exceptionally safe and easy vessel to maneuver. Easing up and backing off are executed without surges of power." New Haven's Turbo-charged CAT D398 Turbo-charged Aftercooled engines develop 1,800 horse power and are operated with Caterpillar 3192 reverse-reduc-tion gears at 3.95:1 ratio. In addition, electric power on the New Haven is generated by two CAT D320 40 Kilowatt electric sets which supply 120/208 volt, 3 phase alternating current. For more information about how CAT Marine Engines and H. O. Penn service can fulfill your power re-quirements call (516)334-7000 or (212)292-4800, or write us at 1561 Stewart Avenue, Westbury, L. I., N. V. 11590. Caterpillar, Cat and Traxcavatcr are Registered Trademarks of Caterpillar Tractor Co. A owned with the P. and O. Company of London, England. Associated Bulk Carriers in turn has arranged contracts of affreightment, in re-spect to these vessels, for the trans-portation of coal and ore for a pe-riod of eight years, beginning with their completion. Approximately 80 percent of the cost of the five vessels is being fi-nanced by the shipyards at interest ranging from 5y2 percent to 6 percent. To help finance the aforemen-tioned purchases, Anglo Norness has sold a turbine tanker of 49,800 dwt at above book value and has negotiated the disposal of an ad-ditional tanker of 35,200 dwt, also at a price above book value. Prior to their sale, both tankers operated in the spot market. In addition, one tanker of about 25,000 dwt, which previously oper-ated in the spot market, has been converted to a chemical carrier at a cost of about one-million dollars. The vessel has entered a five-year time charter. The combined effect of these steps will be to reduce Anglo Nor-ness exposure in the open tanker market and increase its long-term contract business. Over 90 percent of the outstand-ing stock of Anglo Norness was acquired in recent months by Za-pata Norness Incorporated of Hous-ton, Texas. Responsive... Dependable CAT D398TA MARINE ENGINES Supplied and Serviced by H.O.Penn ANSCHUTZ & CO./GERMANY?Gyro & magnetic compasses electronic automatic pilots and steering systems. ASKANIA-WERKE/GERMANY-Boiler Automation BIOHM & VOSS/GERMANY - Main/Auxiliary Steam Turbines GOTAVERKEN/SWEDEN-Lodicators HATLAPA/GERMANY-Deck Machinery KAMPNAGEL/GERMANY-Deck Machinery REDIFON/ENGLAND?Radio Equipment SIEMENS/GERMANY?Shipboard Electrical Equipment and Marine Automation SVENSKA FLAKTFABRIKEN/SWEDEN-Air Conditioning How is that for a marine systems umbrella? ?? ARNESSEN MARINE SYSTEMS INC. 335 Bond St., Brooklyn, N.Y. 11231 Telex. 222028 NY/Cable Address: ARNESCOR, New York. MAIN OFFICE & FACTORY: 400 Trabold Road, Rochester, N.Y. 14624 MARINE DIVISION: 20 Vesey St., New York, N.Y. 10007 (212) 349-0079 Offices in SAN FRANCISCO . SAN PEDRO . SEATTLE . MONTREAL . VANCOUVER WALZ & KRENZER, INC. supplied 14 BULKHEAD DOORS up to 15'6" x 16'6" and a sliding SHAFT ALLEY DOOR world's largest and fastest, roll-on/roll-off trailership built by Sun Shipbuilding and Dry Dock Co. for Transamerican Trailer Transport, Inc. W&K designs, engineers and manufactures ships' closures for operation above and below water on any class of com-mercial, Naval or Coast Guard vessel. All meet the require-ments of A.B.C., U.S.C.G., Lloyds or any other classification society. on the S.S. PONCE DE LEON January 1, 1969 33