Page 7: of Maritime Reporter Magazine (February 15, 1971)

Navy Names R. Leopold

To Ship Design Post

Reuven Leopold

Rear Adm. Harry C. Mason,

Commander of the Naval Ship En- gineering Center (NAVSEC), has announced the appointment of

Reuven Leopold as the Technical

Director of the Center's Ship Con- cept Design Division, effective

April 15, 1971. In this capacity, Mr.

Leopold will be responsible for preliminary designs of advanced concepts of surface ships, subma- rines and all other naval craft, as well as research and development related to the design of future na- val vessels. Mr. Leopold will come to NAVSEC after four years with

Litton Industries, most recently as director of the ship engineering and design department of Litton Ship

Systems Division.

Mr. Leopold holds bachelor's and master's degrees in naval archi- tecture and marine engineering and a marine mechanical engineer's de- gree, all from the Massachusetts

Institute of Technology, Cam- bridge, Mass.

Port Of Oakland To

Buy Seatrain Terminal

The Port of Oakland will purchase

Seatrain Lines' 33-acre container ter- minal for $20 million and lease it back to Seatrain, in accordance with an agreement approved recently by the Oakland Board of Port Commis- sioners, it was announced by William

Walters, president. To make the transaction, the port will issue certifi- cates of indebtedness in the full amount of the purchase, Mr. Walters stated.

At an adjourned regular meeting, the board agreed to terminate the franchise arrangement in effect be- tween the port and Seatrain, executed an agreement to acquire the terminal site and its improvements, and ap- proved a lease and preferential as- signment of the container complex back to the steamship company. The port certificates of indebtedness will be secured by the lease and guaran- teed by Seatrain for the 25 or 30- year term of the certificates. Under terms of the lease Seatrain will pay the port an estimated $1.5 million an- nually.

The preferential assignment agree- ment gives Seatrain primary use of the terminal facilities, but allows ei- ther the port or Seatrain to assign the marine terminal area on a sec- ondary basis to another steamship line. A portion of the parcel will be exclusively leased by Seatrain for office and container freight station facilities.

Located along the Oakland Estu- ary in the port's Middle Harbor area, the Seatrain terminal was the only major marine facility in Oakland not owned by the port. Port plans call for the development of a 52-acre parcel adjacent to the Seatrain site.

When completed, the wharf there will be contiguous with Seatrain's ex- isting wharf to produce four in-line quay-type berths served by four con- tainer cranes. To be known as Mid- dle Harbor Terminal, the facility will be completed late this year. "Port ownership of the entire 85-acre com- plex will permit maximum utilization of the Middle Harbor facilities," Mr.

Walters said.

According to Seatrain officials, the transaction will enable Seatrain to acquire the additional financial ca- pacity necessary for the company's planned expansion of its facilities in

Oakland.

Steamship Management

Elects N.G. Kardaras

At the annual meeting of the stockholders of Steamship Man- agement Corp., Capt. N.G. Kar- daras was elected chairman of the board and president of the shipping concern and its subsidiaries.

Captain Kardaras previously held the position of executive vice presi- dent. The firm is located at 342

Madison Avenue, New York, N.Y.

I Hi's new mass-produced ship -Fortune vessel

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You may remember the popular IHI Freedom ships.

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February 9, 1971 13