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Page 14: of Maritime Reporter Magazine (June 1969)
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Transportation Outlook
For Second Half—1969 "The Outlook for the Trans- portation Industry for the Last Six
Months of 1969" is the title of a booklet published by The Trans- portation Center at Northwestern
University, Evanston, 111. This booklet contains the remarks of nine of the Transportation Center's
Advisory Committee members about the economic prospects for their industries during the last six months of 1969.
A. T. DeSmedt, president, Isth- mian Lines Inc., advised on the
American merchant marine. He said "The short range outlook for merchant shipping is extremely easy to predict, particularly in the
United States. While the new Ad- ministration has given assurances that attention will be given to the condition of the merchant marine, no conceivable time table could produce positive action from Con- gress within a year."
Mr. DeSmedt further stated that "the forecast for the American mer- chant marine and for the welfare of those companies of all nations engaged in transporting cargo to and from the United States begins with a large IF. If the U.S. Gov- ernment will recognize the need for
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American companies to act coop- eratively with each other and with foreign shipping lines and if the individual American companies will appreciate that their avenue to par- ticipation in the future transporta- tion systems lies through such co- operation, we can then expect that
American shipping will hold its place, and that shipping companies serving the United States generally will prosper."
J. W. Hershey, chairman of the board, American Commercial
Lines, wrote for the inland water- way transportation industry. He stated that "the industry will con- tinue its steady growth in 1969, with an expansion of at least five percent anticipated in volume of tons transported over 1968."
Mr. Hershey described the changes and advancements in float- ing equipment and in the waterway systems, all of which have in the past and will in the future expand the industry. He spoke of the co- operation between the barging in- dustry and trucking lines and ex- pressed the hope that such coopera- tion will soon be obtained with the railroads.
Maritime Approves
Sea-Land Service's
Ship Exchange Request
The Chief, Office of Ship Opera- tions, Maritime Administration, has approved the application of
Sea-Land Service, Inc., to ex- change the bulk carrier Peter Ro- bertson for the government-owned
T2 tanker Bull Run, the bulk car- rier J. Upson for the T2 Roanoke, the bulk carrier Harry W. Croft for the T2 Petrolite, and the bulk carrier Philip Minch for the T2
Mission Dolores.
The transfer ships Bull Run,
Roanoke, Petrolite, and Mission
Dolores were determined to have an unadjusted fair and reasonable value of $257,000, $285,000, $285,000, and $377,500, respectively. The ex- change ships were determined to have an unadjusted fair and rea- sonable value of $35,000 each. Sea-
Land is to pay MarAd a total of $1,064,500—representing the excess values of the transfer ships over that of the exchange ships.
The company has proposed to convert the Mission Dolores to a containership having a capacity for 360 containers. The sterns of the remaining three transfer vessels are to be joined with the forebodies of three Sea-Land C4s to become 360-container capacity ships. The conversion work must be completed within 12 months after the signing of the Ship Exchange Contract.
Sea-Land revealed that it also plans to join the sterns of the three
C4s—whose forebodies will be joined with the tankers it is receiv- ing—to three new forebodies to make three elongated 600-container capacity ships. The C4s which will probably be used are the Anchorage (ex-Marine Panther), Seattle (ex-
Marine Fox), and the Baltimore (ex-Marine Cardinal), which were traded out to Sea-Land previously under the exchange program. 16 Maritime Reporter/Engineering News