Page 20: of Maritime Reporter Magazine (August 1969)

Dillingham Corp. Completes Acquisition Of West Coast Tug And Towboat Companies Dillingham Corporation based in Hawaii, has announced the completion of the acquisi-tion of Foss Launch and Tug Company and Pacific Tow Boat Company, both based in the state of Washington. The purchase of the two firms, which are primarily engaged in towing operations in Puget Sound, Alaskan waters and the Pacific Ocean, was made for 808,133 shares of Dillingham common stock. Also acquired in the deal was a 60 percent equity interest in Pacific Towboat and Sal-vage Company, a Long Beach-headquartered contract towing and marine salvage company. Upon receipt of a favorable ruling from the Internal Revenue Service, Dillingham said it will acquire the remaining 40 percent in this Foss subsidiary for an additional 46,934 shares of Dillingham common stock. Adm. Sonenshein Appointed Commander Of NSSC Rear Adm. Nathan Sonenshein, USN, has been appointed commander of the Naval Ship Systems Command, according to a recent an-nouncement from the secretary of the Navy. Admiral Sonenshein assumed his new position upon the retirement of Rear Adm. Edward J. Fahy, USN. Admiral Sonenshein's most recent post was deputy chief for logistic support, Naval Ma-terial Command, with responsibilities for ship acquisition procedures. Chemical-Petroleum Barge Launched By Wyatt Industries For McAllister Bros. Fleet T Newest addition to McAllister Brothers fleet, an 8,000-dwt chemical-petroleum barge, is launched in Houston. A multi-purpose 8,000-dwt oceangoing barge, heater-coil equipped and coated inside and out, has been launched for McAllister Brothers, Inc., by Wyatt Division?U.S. Industries, Houston, Texas. The interior coating enables the barge to carry corrosive petroleum products and chem-icals. Its heating coils are used to speed the pumping of heavy oils and other high-viscosity materials. The capacity of the barge is 56,000 barrels. It is 309 feet long by 65 feet wide and 20 feet deep. An American Bureau of Shipping class Star A1 oil barge, it is certificated by the U.S. Coast Guard for Grade A liquid products un-der 150°F. flash. It is fitted with two adjustable skegs that may be set in one direction for pushing and in another for pulling with a haw-ser. For pushing with a tug in narrow quar-ters, there is also a notch in the stern. Part of McAllister's multi-million-dollar construction program emphasizing higher-powered tugs and jumbo barges, the new ves-sel joins a fleet of more than 200 others which the company operates in North American wa-ters. McAllister Brothers, Inc., headquartered in New York, is one of the largest towing/ transportation companies in the world. First Offshore-Oil Directory Provides Complete Data For Rigs And Support Craft The first annual "Offshore Drilling & Con-struction Contractor's Directory," just recently published, records a total of 457 offshore rigs, worldwide. The directory also lists a total of 126 major pieces of construction equipment (pipelaying and/or derrick barges) that are currently in use in the offshore oil industry. The directory represents the first complete and accurate worldwide compilation of the firms and the equipment that make up the off-shore oil-contracting industry. Over the past several years, the number of offshore rigs has been reported by various sources, all having a wide disparity in their figures. The offshore directory lists, in a special equipment appen-dix, 212 mobile drilling units, 70 tenders (of which only 32 have drawworks) and 213 fixed platform rigs. Of the mobile units, 107 are jack-ups, 52 are submersibles or semi-submers-ibles, and 53 are surface floaters (ship shape or barge shape.) Other information in the directory, along with addresses, phone numbers, cable and telex addresses, and personnel and titles, in-cludes : specifications of all equipment; a cross index listing equipment in various categories of working capabilities, and company histories which describe the financial structure, diversi-fication, areas of activity, etc., of each com-pany. The 400-page directory is "Reader's Digest" size. It can be ordered by writing Ocean Oil Weekly Report, P.O. Box 7861, Houston, Texas 77007. The price is $15.00 each. 0. A. R. N. OFFICINE ALLESTIMENTO E. RIPARAZIONI NAVI LTD. SHIP REPAIRS-GENOA, ITALY On the oil route Genoa awaits tankers returning from discharging. Overhauls and repairs of any kind and size of main and auxiliary engines (steam turbine, diesel and electric), Hull Repairs and Conversions. O.A.R.N. U SA CORRESPONDENT P.O. BOX N. 1395 GENOA, ITALY 16100 JAMES R. PORTER CABLE M0L0GIAN0 GENOA 17 Battery Place, N. Y., N. Y. 10004 Telex 27090 OARN Tel. Code 212 WH 3-8795 Telephone 292541 Telex 421474 PORTER Fincantieri Group Affiliated with Ansaldo, Ltd. 22 Maritime Reporter/Engineering News