Page 47: of Maritime Reporter Magazine (July 1970)

MARINE APPLICATIONS CO.

MARINE ENGINEERS

Consultants Designers R&D

TECHNICAL SERVICES WORKING DRAWINGS

DIESEL and PROPULSION CONSULTANTS 146 Second Street P.O. Box 167

Mlneola, L.I., N.Y. 516-747-345

MARINE CONSULTANTS & DESIGNERS, INC.

Naval Architects Marine Engineers

Cable Address: "Midship"

Main Off.: 308 Invest. Insur. Bldg. • Cleveland. O. 44114 • (216) 781-9070

Sales Off.: 26 Broadway • New York. N. Y. 10004 • (212) 269-0150

MARINE DESIGN INC.

NAVAL ARCHITECTS & MARINE ENGINEERS 1180 AVE. OF THE AMERICAS Circle 7-2640 .

NEW YORK, N.Y. 10036

TUGS, BARGES, WORK BOATS & CONVERSIONS

MARITECH, INC.

Consultants in Marine Technology 38 UNION SQUARE

SOMERVILLE, MASSACHUSETTS 02143 (617) 666-0346

RUDOLPH F. MATZER & ASSOCIATES, INC. 13891 ATLANTIC BOULEVARD

PHONE 904/246-6438

JACKSONVILLE. FLA. 32225 127 OCEAN SCIENCE CENTER

PHONE 30S/S48-S223

RIVIERA BEACH. FLA 33404

JOHN J. McMULLEN

ASSOCIATES, INC.

Naval Architects—Marine Engineers—Consultants

NEW YORK HAMBURG MADRID

GEORGE E. MEESE

NAVAL ARCHITECTS • MARINE ENGINEERS

CONSULTANTS • SURVEYORS

DESIGNS FOR YACHTS AND COMMERCIAL VESSELS

WOOD — ALUMINUM — STEEL — PLASTIC

TELEPHONE 194 ACTION ROAD

COLONIAL 3-4054 ANNAPOLIS, MARYLAND

ROBERT MOORE CORPORATION

MARINE ENGINEERS 350 Main Street, Port

Washington, N.Y. 11050 (516) 883-7660

CONSULTANTS

Eastern Representatives:

STAR IRON & STEEL CO.

Tacoma, Washington

Custom Cranes & Hoists • Bridge, Gantry, Portal,

Revolving, Container Handling

GUNNAR NELSON

MARINE ELECTRICAL CONSULTANTS

SPECIFICATIONS, SYSTEMS & EQUIPMENT

DESIGN & EVALUATION

COMMERCIAL & NAVAL ALL REGULATIONS 2185 LEMOINE AVE., FT. LEE, NJ. 07024 944-4402

SYNCROLIFT'

DRYDOCKB AND TRANSFER SYBTEMB

A Patented Product of

PEARLSON ENGINEERING CO.. INC.

Naval Architects * Marine Engineers

P.O. BOX 8 • 8970 S.W. 87th COURT . MIAMI, FLORIDA 33156 I

PHONE: 305/271-5721 • TELEX: 051-9340 • CABLE: SYNCROLIFT

PHILIP L. RHODES, INC.

NAVAL ARCHITECTS MARINE ENGINEERS 369 LEXINGTON AVENUE NEW YORK, 17, N.Y.

Cable "Rhodeship" TN 7-1320

M. ROSENBLATT & SON, Inc.

NAVAL ARCHITECTS MARINE ENGINEERS

NEW YORK CITY SAN FRANCISCO 350 Broadway 45 Second Street (212) 431-6900 (415) EX 7-3596

GEORGE G. SHARP i 9 2 0 50

CO.

MARINE ENGINEERS

NAVAL ARCHITECTS

SYSTEMS ANALYSTS

MARINE SURVEYORS t t I o 100 CHURCH STREET NEW YORK, N.V. (212) 732-2800 10007

T.UI. SPHETCEHS

CONSULTING VIBRATION ENGINEER . Torsional Vibration • Hull Vibration • Vibration Isolation Fatigue Stress Anolysis 156 W. 8th Ave.

Our 22nd year Vancouver 10, Canada

Serving U.S. Clients 604-879-2974 202-737-5200

SPECIALTY SHIPS UNLIMITED, INC. 1000 Vermont Avenue, N.W.

Washington, D.C. 20005

DESIGNERS OF

OIL SKIMMING SHIPS & EQUIPMENT

MARINE CONSULTANTS — INSTRUMENTS

PHILIP F. SPAULDING & ASSOCIATES

Naval Architects

Marine Engineers . . . Mechanical Engineers 65 MARION ST., SEATTLE 4, WASH. MAIn 2-4954

R. A. STEARN INC.

NAVAL ARCHITECTS & MARINE ENGINEERS 100 Iowa Street

Sturgeon Bay, Wisconsin r i c li sird r. f £t 11 b I e r

NAVAL ARCHITECTS/MARINE ENGINEERS 44 COURT STREET/BROOKLYN,NEW YORK 11201 (212) 522-2115

H. M. TIEDEMANN & COMPANY, INC.

NAVAL ARCHITECTS—MARINE ENGINEERS

SURVEYORS—CONSULTANTS—R&D 74 TRINITY PLACE 219 INT'LTRADE MART

NEWY0RK,N.Y, 10006 NEW ORLEANS, LOUISIANA

WHitehall 4-5532 504—525-6266

WEATHER

Exclusively for the Maritime Industry

WEATHER ROUTING, INC. 90 Broad Street, New York 4, N.Y.

Tel.: HA 5-9644 Cable address: WEATHERWAY measure, to temporary postponement of off- shore lease sales in the Gulf of Mexico.

The 14-year-old New Orleans based corpor- ation offers marine surface support to the pe- troleum industry on a worldwide basis, pres- ently operating a total of more than 400 ves- sels of various types and sizes. In recent years the company has also acquired several service companies whose work is closely allied with the oil and construction industries.

Tidewater Marine shares became listed on the New York and Pacific Coast Stock Ex- changes on May 19, 1970. The company re- cently declared the regular quarterly dividend of 10 cents a share.

Webb Institute Holds 74th Commencement Exercise • i

Tidewater Marine Service

Operating Over 400 Vessels

Issues Financial Report

Tidewater Marine Service, Inc. earnings for the fiscal year ended March 31, 1970 were $5,- 137,649 or $1.36 per common share compared with $5,132,746 or $1.35 (as adjusted) per share for the comparable period in fiscal 1968-69,

John P. Laborde, president, announced. These figures were computed on the average number of shares outstanding during the fiscal year amounting to 3,790,890.

Mr. Laborde noted that the yearly earnings figures represented a modest increase over those of the previous year despite the general condition of the economy and an income tax increase of almost $700,000 resulting, in part, from elimination of the investment tax credit.

Revenues for the year increased to $51,164,- 615 from $47,513,496 for the previous year, and were the highest in company history.

Mr. Laborde explained that the company realized substantial progress in scope and size of operations despite what he termed "a disap- pointing fourth quarter" attributed, in large

Left to right at the Webb Commencement Exercise,

James J. Reynolds, principal speaker, is shown with John

A. Livingston, chairman of the Webb board, and Adm.

William A. Brockett, USN (ret.), pres. of Webb Institute.

Webb Institute of Naval Architecture held its 74th commencement excercise on its Glen

Cove campus on June 12. James J. Reynolds, president of the American Insitute of Merchant

Shipping and former Under Secretary of Labor, was the principal speaker.

Rear Adm. William A. Brockett, USN (ret.), president of Webb Institute, presented the bachelor of science degrees to the 18 gradua- ting members of the Class of 1970, assisted by

Dean Joseph Urban.

Following the academic procession, Presi- dent Brockett recognized the members of the board of trustees and presented John A. Liv- ingston, chairman of the board, who offered brief remarks to the graduates. Dean Emeritus

T.M. Curran presented the honor awards to the Class of 1970 recipients. Following the conferring of degrees, David M. Bovet spoke for his graduating class. The invocation and benediction were offered by the Reverend

Howard Lowell, rector of St. John's Episcopal

Church in Lattingtown.

Webb Institute was founded in 1889 by Wil- liam H. Webb, a leading ship designer and builder in the nineteenth century. In the late 1940's the college moved from its original site in Fordham Heights in the Bronx to its pre- sent location on the north shore of Long Island

Sound, with 26 acres of waterfront campus.

Webb is unique in being the only fully ac- credited four-year college in America with a curriculum devoted exclusively to ship design, propulsion, and construction. It also has the distinction of granting tuition-free scholarships to all undergraduate students.

In spite of its small size, Webb Institute of Naval Architecture holds a worldwide repu- tation for excellence and its graduates are held in high regard throughout the maritime in- dustry.

July 1, 1970 49