Page 56: of Maritime Reporter Magazine (June 15, 1969)

Raytheon Producing New Direct Reading Loran A Receiver A direct reading loran receiver that can be used to indicate lines of position from all loran A sta-tions in the Atlantic and Pacific Oceans and the Gulf of Mexico has been introduced by Raytheon Com-pany. The fully transistorized A-1000 has simplified controls that enable the boatman or fisherman to match quickly a pair of traces from two loran transmitting stations ashore and then read directly the number of the line of position which is printed directly on the navigation charts. No computations or con-version tables are required. A precise fix can be obtained in most areas up to several hundred miles offshore in less than two min-utes. Loran fixes are commonly used by commercial fishermen and charter boat captains to pinpoint and re-find fishing spots offshore. The electronic navigation system, which is unaffected by weather, is so accurate that commercial fisher-men also use it to log underwater and uncharted natural hazards and wrecks that could foul their nets. The new Raytheon A-1000 loran is crystal tuned for stability and accuracy. It has a built-in antenna coupler and can operate from a simple antenna. A trunnion mount is also pro-vided to tilt the unit to the most convenient operating angle. The receiver measures 6^ inches high by 14}4 inches wide by 13 inches deep. It weighs 25 pounds. It is offered for use with 12, 24, 32, or 115-volt systems at $1,189. Complete information is avail-able from Raytheon marine dealers or from John Hartnett, Raytheon Company, Marine Products Opera-tion, 213 East Grand Avenue, South San Francisco, Calif. 94080. MSB Approves Lykes Interest In Steel Firm With Foreign-Flag Ships The Maritime Subsidy Board has given permission to Lykes Bros. Steamship Co., Inc., to acquire con-trolling interest in Youngstown Sheet and Tube Co., including the foreign-flag ship operations of the country's eighth largest steelmaker. The board's approval of the take-over by the new company?Lykes Youngstown Corp.?of Lykes op-erating subsidy contracts was the issue before it. And, the key to the approval was the decision that Youngstown Sheet and Tube's various affiliates, which would be part of the new merged company, could be continued. The question of U.S. citizenship, of the control-ling parties must still be settled, MSB indicated. MRC Receives Charter From Philippines A formal charter has been grant-ed to Marine Resource Consul-tants, Inc., of Santa Monica. Calif, to conduct branch business in the Republic of the Philippines. MRC has previously worked as a foreign company in the Philippines as well as other places in the Far East. The official registration of the branch marks the ocean firm's first international charter. "The development of marine re-sources is a worldwide undertak-ing," John B. Gustavson, MRC president stated. "We therefore find it necessary to work as na-tionals in various countries rather than as foreigners. Our branch in the Philippines will now serve as the administrative focal point for all our activities in the Far East offshore oil, mining and fisheries development." After initially operating as a sur-vey contractor, MRC has become engaged in the broad aspects of analyzing and acquiring offshore concessions, structuring capital re-quirements, and managing resource development programs. The cor-poration is presently privatelv held but is planning a major infu-sion of capital for projects in Au-stralia, Taiwan, Brazil. Alaska, and the Canadian Arctic. Mr. Gustavson also announced the establishment of MRC's Euro-pean office. Located in Copen-hagen, Denmark, this office will serve MRC clients in northern Eu-rope with emphasis on the offshore developments in the North Sea, the Baltic, and around Greenland. Ship Launches Herself While Party Watches Recently, a 10,000-dwt tanker was so anxious to get into the water that it skipped the usual champagne launching ceremonies. The unusual incident occurred in Birkenhead, England. Officials and guests were chatting on the dock and waiting to smash a champagne bottle across the tanker's bows when retaining bolts popped and she slipped silently down the ways. The builders staged another cere-mony later, after the runaway tanker had been corraled. Oceanautic Names Bruce B. McCloskey Sales Engineer > Bruce B. McCloskey Oceanautic Manufacturing & Re-search Company (OMR), Cincin-nati, Ohio, has named Bruce B. McCloskey sales engineer responsi-ble for marketing all OMR prod-ucts. The firm manufactures tools and devices to aid the man-in-the-sea. Mr. McCloskey has been associ-ated with the marine field for more than 35 years. This includes both naval and civilian salvage and div-ing experience. Before joining OMR, he had undertaken a tour of active duty to accomplish special assignments for the U.S. Navy Su-pervisor of Salvage. Prior to this, Mr. McCloskey was a coordinator with North American Rockwell Corporation's Ocean Systems Op-eration in Miami, Fla. He has also served as a marine superintendent in Manila, and as a personnel man-ager in Guam. Mr. McCloskey has degrees from San Francisco's Heald Engineering College and the University of Washington, Seattle, Wash. A member of the U.S. Naval Insti-tute and Reserve Officers Associa-tion of the U.S., he is a past presi-dent of the Guam Chamber of Commerce and the Army and Navy Club of Manila. Pacific Inland Leases Barges For Alaska Run Greyhound Leasing & Financial Corp., Chicago, has leased two new oceangoing barges to the Pacific Inland Navigation Co., Seattle. They will be used in moving more than 60,000 tons of cargo into Prudhoe Bay during July and Au-gust this year. Pacific Inland has leased the flat-deck barges, which cost $828,000 each, for 12 years. The same com-pany has been using a 9,000-ton barge and a 3,300-hp ocean tug chartered from Greyhound for a number of cargo movements to many parts of the world, and now has them employed in transporta-tion to DEW line sites in Alaska. The two new barges were built for Greyhound by Gunderson Bros. Engineering, a division of FMC Corp. Pacific Inland provides world-wide tug-and-barge transportation and has services extending from Saigon to Seattle and to Prudhoe Bay in the Arctic. // SHIP REPAIR Dependable 24-Hour Service REPAIRS & CONVERSIONS TO ALL TYPES OF FLOATING EQUIPMENT 3 BERTHS at YARD Topside Repairs At Unloading Docks PORTABLE EQUIPMENT FOR COMPLETE REPAIRS BENDER Ship Repair, Inc. 265 S. Water Street, Mobile, Alabama 36602 1-205-433-3675 CABLE ADDRESS: BENSRI Master Ship Repair Contracts With All Government Maritime Agencies MAY WE SERVE YOU? We sell every item JBk pictured in this ad, plus more than 10,000 more! ^LUE VV^TER MARINE SUPPLY, mc. P. O. Box 5457 1000 Broadway at Channelside Houston, Texas 77012 U.S.A. (713) 928-3121 TELEX: 775-183 58 Maritime Reporter/Engineering News