Page 26: of Maritime Reporter Magazine (January 1971)

Adm. John M. Will

Elected President

Of Whitehall Club

Adm. John M. Will

The Whitehall Club, New York,

N.Y., an important maritime and related transportation industry center in the port, has elected new officers for a term of two years.

Adm. John M. Will has been named president of the club. Ad- miral Will is also chairman of the board of American Export Is- brandtsen Lines, president of its affiliated First Atomic Ship Trans- port, as well as president of the

New York Shipping Association.

Other elected officers are Wil- liam B. Rand and Edwin Longcope as vice-presidents, Philip H. Stone as secretary, and William J. Hughes as treasurer.

Capt. J.B. Cain Joins

Western Gear Corp.

Capt. James B. Cain

Capt. James B. Cain, USN, much- decorated Navy ace of World War

II, Korea, and Vietnam, has retired from the Navy after 30 years, and has joined the corporate staff of

Western Gear Corporation.

Captain Cain accumulated some 8,000 hours of flying time. He com- manded three squadrons, one air wing, and two aircraft carriers, the

Yorktown and the Ticonderoga, during his long career. Credited with the destruction of nine enemy aircraft, Captain Cain was awarded 37 decorations. Recently he was di- rector of the Navy's Carrier Air- craft Support Study, Naval Air

Systems Command.

Captain Cain is joining the new- ly-formed Western Gear Develop- ment Center under the direction of vice-president Ronald C. Hinman.

MarAd Postpones Date

For Construction Bids

The Maritime Administrator has postponed the date of bids for con- struction of up to six 770-foot barge- carrying ships for Delta Steamship

Lines, Inc., from December 16 to

January 15, 1971. 28

GATX Completes

MTL Acquisition

General American Transporta- tion Corporation (GATX), Chi- cago, 111., announced the consum- mation of its acquisition of the ocean shipping business of Marine-

Oswego-Trinity Group (MTL).

GATX has acquired all of the maritime interests of MTL, not in- cluding American Steamship Com- pany, for a purchase price of $55 million and 300,000 shares of

GATX common stock, as previous- ly announced. The present manage- ment of MTL will be retained, in- cluding Dr. C.Y. Chen as president and Jerome Shelby as senior vice- president. C.T. Shen has become chief executive officer of Ameri- can Steamship Co., but will also serve as a consultant to MTL.

In addition to operating ships for others, MTL owns and operates 34 vessels, aggregating approximately 1,120,000 deadweight tons, almost all of which are on long-term charter to major oil, chemical and steel companies.

GATX is a diversified services and manufacturing company, pro- viding railroad tank cars and spe- cialized freight cars for sale and lease, industrial equipment termi- naling services, and financing ser- vices. only MARITIME REPORTER/Engineerin

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