Page 35: of Maritime Reporter Magazine (January 15, 1973)

Hisashi Shinto Elected

New President Of IHI

Hisashi Shinto

IHI (Ishikawajima-Harima Heavy

Industries Co., Ltd.), Japan, has elected a new president. According to the announcment made by IHI,

Renzo Taguchi, president, and Dr.

Hisashi Shinto, executive vice president, were promoted to chair- man of the 'board of directors and president, respectively.

The new president, Dr. Shinto, is a graduate of the naval architec- ture department of Kyushu Imperi- al University, and joined the Hari- ma Shipbuilding & Engineering

Co., one of the predecessors of the present 'IHI, in April 1934. In Au- gust 1951, he resigned from the company to assume a post at Na- tional Bulk Carriers, Inc. (NBC) of the United States, and five years later returned to the Harima Ship- building & Engineering Co. Dr.

Shinto was named managing direc- tor of IHI in November 1960, when the Harima Shipbuilding & Engi- neering Co- merged into IHI, and was then appointed to the post of representative director and execu- tive vice president of IHI in No- vember 1964.

Dr. Shinto is well-known as the developer of an economical ship hull form known as "Keizai Sen- kei" in Japanese shipping and ship- building circles. He also introduced the idea of the ready-made system into the field of shipbuilding long monopolized .by specific orders. The

IHI mass-produced Freedom and

Fortu ne ships are the fruits of his own unique ideas. Dr. Shinto has made great contributions to the es- tablishment of I Hi's leading posi- tion among the world's shipbuild- ers.

IHI has recorded one of the most spectacular growth rates of all Jap- anese firms in the past 20 years. Dr.

Shinto is expected to achieve a pe- riod of stabilized growth for IHI by bringing to full fruition the company's spectacular performance in tbe past.

Brown & Root Charters

Vessels From Acadian

For North Sea Service

Acadian Marine Service, Inc., New

Orleans, La., has recently been awarded a charter for two of its

Freedom Class tug/supply vessels by Brown & Root S.A. These ves- sels will operate in the North Sea, being used primarily to haul pipe for Brown & Root's pipelaying op- erations in the Forty's Field in the

United Kingdom Sector of the North

Sea.

Powered by Nohab Polar F en- gines, the 170-foot Freedom Class vessels have exceptional power, speed and seakeeping ability. Four addi- tional Freedom Class vessels will be built in 1973.

Acadian Marine is an international marine transportation company which owns approximately 50 ves- sels that serve the ' international oil field and construction industries.

A.G. 'Weser' To Build 380,000-Ton Tankers

For Colocotronis Group

Two 380,000-ton tankers costing some $100 million have been ordered from the A.G. "Weser" yard at

Bremen, Germany, by the fast-ex- panding Greek - based Colocotronis group.

Minos Colocotronis, announcing the order, said: "We selected this size of vessel very carefully, believing it to be the right size for this decade.

Being limited by draft, we chose the optimum deadweight which would give maximum earning capacity and more flexibility for both charterers and operators."

The two 16-knot VLCCs (very large crude carriers) are to be known as "Europe-Tankers," and will be the largest such vessels ever built outside

Japan. They are scheduled for deliv- ery in 1975.

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January 15, 1973 37