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labor and management, will be working closely with Government to meet these challenges to in- sure that the 'flag of safety' that flies proudly over the fleet of today will still wave with honor over the fleet of tomorrow."

As an example of unusual safety competence, they cited 24 vessels owned by United States

Steel Corporation's Great Lakes Division which were honored for having operated a total of over 57,000 days without a lost-time accident. Ford

Motor Company's Steel Division held the days safety record for an individual vessel with the

M/S Henry Ford II, which operated 5,439 days (over 14 years) without a lost-time accident. In the tanker and dry cargo categories, Texaco's

S/S Texaco Minnesota was tops with over seven years, and Lykes Bros. Steamship Company's

S/S Christopher Lykes with more than four years of accident-free operation, respectively.

Jones F. Devlin Awards were presented to 70 ships of 16 different U.S.-flag companies—over double the number of awards given last year.

These ranged from awards given American-flag vessels operating for two or four years without a lost-time personnel accident, to special awards to ships with five or more years of accident-free operation. The 16 companies and the number of award winning ships from each fleet include:

American Oil Company (2) ; American Presi- dent Lines (1) ; Atlantic Richfield Company (1) ;

Columbia Transportation Division, Oglebay Nor- ton Company (2) ; Cleveland-Cliffs Iron Com- pany (1); Delta Steamship Lines (2); Ford

Motor Company (5); Getty Oil Company (3);

Humble Oil & Refining Company (5) ; the Inter- lake Steamship Co. (8) ; Lykes Bros. Steamship

Co., Inc. (2 ) ; Marine Transport Lines, Inc. (1) ;

Mobil Oil Corporation (1); Texaco Inc. (9);

United States Lines (3), and United States Steel

Corporation (24).

Winner of first place in the NSC's Marine

Section Safety Contest for U.S. oceangoing and coastwise dry cargo fleets was Bethlehem Steel

Corp.'s Marine Division, Sparrows Point, Md., which had the lowest fleet injury frequency rate in competition with other company fleets on all sea coasts. Lykes Bros, and Calmar Steamship

Company were second and third respectively in that category. Texaco's fleet won first place in the ocean and coastwise tanker division. First place plaque in the Great Lakes Straight Deck

Vessel Division was presented to the Ford Motor

Company, Marine Department, Dearborn, Mich.

Huron Portland Cement Company of Detroit won first place in the Great Lakes-Self Unloaders cate- gory.

Rear Adm. John D. Chase, Deputy Com- mander, Military Sealift Command, accepted the first place award for the MSC Yokohama Division which, for the second straight year, won over three other MSC worldwide fleets for the least number of shipboard lost-time accidents in a 12- month period.

In the private shipyard category, a first prize award was given to officials of Bethlehem Steel's

Sparrows Point shipyard, which competed against 15 other U.S. yards to post the best employee safety record in 1970. Bethlehem Steel's Boston and Hoboken yards won second and third place awards respectively. In the Harbor Equipment

Division (dredging vessels, tugs, barges, etc.), first place was won by the U.S. Army Engineers'

North Central Division, Chicago.

From the Philippines, John F. Sheehan, of the U.S. Naval Ship Repair Facility in Subic

Bay, accepted a first place NSC plaque in the

Government Shipbuilding and Repair Division.

The Commercial Port of Guam received a first place Stevedoring Division (General Cargo)

Award. Pittsburgh and Conneaut Dock Com- pany, a subsidiary of U.S. Steel, Conneaut, Ohio, won the first place Stevedoring Division (Bulk

Cargo) Award.

Sea Containers Inc. Files

Share Offering With S.E.C.

It has been announced that Sea Containers Inc. has filed an offering of 414,843 shares with the

Securities and Exchange Commission.

Under the terms of the proposed offering, the underwriters will purchase 200,000 shares from the company and 214,843 shares from selling shareholders. The company will not receive any of the proceeds from the sale of shares by the selling shareholders. The proposed offering will be made by an underwriting group led by Burn- ham and Company and New York Securities Co.

Incorporated.

The net proceeds from the sale of the common stock offered by the company will be applied to financing the expansion of the company's contain- er and containership fleets and to the purchase of additional container cranes, and may also be used for investment in container terminals and other activities related to containerization.

Sea Containers Inc., a New York corporation, and its subsidiaries are engaged in the worldwide renting of marine cargo containers and related equipment, containerships and container cranes to steamship lines, port authorities, freight for- warders and other transportation interests. In ad- dition, one of the company's subsidiaries, Cold- wrap Foods Corporation, and its subsidiaries, are engaged in the food processing business in the

El Paso, Texas, area and southern New Mexico.

The company's shares are listed on the Ameri- can Stock Exchange.

COASTWISE OR HARBOR . . .

GILLEN MAKES SHORT WORK

OF A LONG HAUL

Typical of the excellent and modern equipment available to serve you, the James G., a loadline barge, measures up to the high standards

Giiien has set for both its service and its entire fleet. Designed speci- fically for both harbor and coastwise service, this barge is one of several added to the fleet recently as part of a continuing program to expand services for you with the finest and most versatile equip- ment available.

LIGHTERAGE AND TOWING 140 CEDAR STREET, NEW YORK, N.Y. 10006 • 212-964-8787

August1 1, 1971 33