Page 29: of Maritime Reporter Magazine (October 15, 1971)

Puerto Rico Shipping

Group Names Cabassa

Hiram D. Cabassa

Hiram D. Cabassa, a well-known

Puerto Rican industrialist and 1970 president of the Puerto Rico

Manufacturers' Association, has been appointed chairman of the

Puerto Rico Ocean Service Asso- ciation (PROSA), it was announced in San Juan.

R.D. Carter, chairman of PRO-

SA'b executive committee, in intro- ducing Mr. Cabassa to newsmen attending a press conference at the

Caribe Hilton, said: "Mr. Cabassa is so well known in Puerto Rico he does not need an elaborate in- troduction. We, the ocean carriers, are delighted to have a man of his esteem take over the helm of PRO-

SA. We look forward to his strong leadership with new ideas and are confident PROSA will thereby be- come a vital contributory force to benefit the entire community's economic progress."

PROSA dine members in the $4 billion Puerto Rican trade include

Sea-Land, Seatrain, Transamerican

Trailer Transport, and Gulf-Puerto

Rico Lines.

Commenting on bis new associa- tion as chairman of PROSA, Mr.

Cabassa said: "I want to make it absolutely clear at the outset that at all times my paramount •objective will be to achieve estab- lished goals for all Puerto Rico."

Mr. Cabassa announced that he will be a full-time chairman and is already moving PROSA's head- quarters from Washington, D C., to the new Banco Economias'

Building in Hato Rey. "PROSA will be Puerto Ricanized," he said, "and this is a major step in that direction."

Mr. Cabassa said PROSA c'ould be a "tremendous force" in helping the commonwealth attain its eco- nomic goals, explaining: "In the

U.S. I am sure we can 'help Fo- mento promote more industry to

Puerto Rico by participating in its industrial seminars in key U.S. cit- ies and in San Juan by counseling the commonwealth government on maritime matters. I alsto would like to work with the Puerto Rican col- leges and universities to encourage more students to get into the trans- portation and foreign trade fields since shipping is of such vital im- portance to Puerto Rico."

The new PROSA chairman also stated as a goal, a public-speaking program to enunciate to the Puer- to Rican people the importance of ocean transportation to the island commonwealth and at the same time to foster a strong spirit of cooperation between ocean carriers and island shippers. "I want to get the message across to our citizens and to our

Government officials that Puerto

Rico and the ocean carriers are not natural enemies as sometimes de- picted, but rather natural allies,"

Mr. Cabassa said. "We need each other. Puerto

Rico needs the best ocean trans- portation available because of her distance from mainland raw mate- rials, markets and foodstuffs, and the carriers obviously need Puerto

Rico."

Mr. Cabassa, age 56, has been extremely active in his business career, particularly in the realm of civic and Government service.

He was appointed president of the

National Alliance of Businessmen of Puerto Rico by President Nixon in 1969, and recently Governor Luis

Ferre appointed the new PROSA chairman to the Commonwealth

Commission to study the impact of a maritime strike which threat- ens the island. He also serves as a member of numerous other com- monwealth commissions.

Over the past decade, Puerto

Rico's trade has virtually tripled from $1.5 billion to over $4 billion.

Ocean carriers have kept pace with volume by adding more lift-on ves- sels and new type roll-on ships and as a result, the number of contain- ers arriving in San Juan every year has increased from 12,000 to 180,- 000, wihile containership arrivals have increased 15 fold.

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