Page 3rd Cover: of Maritime Reporter Magazine (February 1973)

Interstate Oil Transport Names

Andrew Gibson President—

Adrian Hooper Board Chairman

Andrew E. Gibson, former Assistant Secre- tary of Commerce, has been appointed presi- dent of Interstate Oil Transport Company,

Philadelphia, Pa., it was announced.

Adrian S. Hooper, former president, will con- tinue as chief executive operating officer of In- terstate and will move to the newly created position of chairman of the board.

The Interstate Group of Companies are among the largest independent energy trans- porters in the United States, serving ports from Maine to Florida, the Gulf Coast, the

Caribbean and Puerto Rico.

In making the announcement, Mr. Hooper pointed out that Mr. Gibson will be responsible for the expansion of the Interstate offshore op- erations of both large and small vessels, while directing the growth of the corporation's barg- ing and coastwise transportation of petroleum products.

Mr. Gibson is the former Assistant Secretary of Commerce for Domestic and International

Business, where lie played an active role in the United States/Soviet maritime trade ne- gotiations. He came to this post after serving as Maritime Administrator and then as Assis- tant Secretary of Commerce for Maritime Af- fairs, a position created when President Nixon signed into law the Merchant Marine Act of 1970. This legislation—of which Mr. Gibson is regarded as the chief architect—provides for a long-range program to rebuild the American merchant marine, and overhauls and stream- lines the Maritime Assistant Programs.

Before joining the Maritime Administration,

Mr. Gibson was affiliated for many years with

Grace Line, Inc., advancing from assistant to the treasurer, to become senior vice president of operations in 1965. Immediately prior to his affiliation with Grace Line, he served for two years (1951-53) as a lieutenant in the U.S.

Navy.

Andrew E. Gibson Adrian S. Hooper

He graduated from the Massachusetts Mari- time Academy in 1942, and three years later at the age of 22 became the youngest merchant ship captain in recent maritime history by re- ceiving command of a United States Lines freighter. He later attended Brown University and received a B.A. degree in 1951, graduating cum laude. A master's degree in business ad- ministration was granted by New York Uni- versity in 1959. "The appointment of Mr. Gibson at this time is significant," Mr. Hooper stated. "There has been a dramatic growth in our corporate busi- ness in the past five years, to the point where in 1971 alone we delivered more than 20-million tons of bulk cargo. Mr. Gibson's expertise will assist us in our continued development and ex- pansion into new directions."

Interstate will soon become the operator of three VLCCs of 265,000-dwt planned for com- pletion in 1975. The corporation will manage the international operation of these and other vessels engaged in the transportation of lique- fied natural gas, liquefied petroleum gas, crude oil and petroleum products. Interstate holds several patents for integrated seagoing tug- barge operations and a significant patent on

FLOSTOP, a Floating Stable Offshore Ter- minal Platform, a structure capable of storing oil and becoming an artificial port in deep wa- ter.

Beliard Murdoch S.A.

Kattendijkdok Westkaai 21 • Antwerp, Belgium

U.SA. Representative —

Robert M. Catharine 11 Broadway, New York 10004 (212) 944-60'50

PACECO LICENSING AGREEMENT: C.D. Rcmsden (left), chairman of the Board of Paceco International Limited,

London, and Edouard Hanser, President Directeur General de la Societe Financiere et Industrielle for Ateliers et

Chantiers de Bretagne (ACB) of Nantes, France, are shown signing a license agreement giving ACB the exclu- sive right to build and market Paceco container handling cranes in France and many countries of Northern and

Central Africa. ACB is one of 1 1 licensees building and marketing Paceco cranes. There are more than 200 of these container cranes operating under the registered trade names of Portainer and Transtainer in major ports throughout the world. The large Portainers are valued in excess of $1,000,000 each. The first order for ACB in

France is a MACH (Modular Automated Container Han- dling) Portoiner, which the firm is currently building for the Port of Marseilles. It will be equipped with a high- speed power package, a patented trolley feature for con- trolling container sway, and provisions for future auto- mation. The new Marseilles crane will be in operation next summer. Paceco International Limited is a subsidi- ary of Paceco, a division of Fruehauf Corporation, U.S.A.

For the finest in complete shipbuilding and ship repair facilities

Beliai*d

Murdoch antwerp

Two privately owned graving docks up to 90,000 DWT capacity

Ten city owned drydocks also available 24 hour pierside service 5 complete new machine shops

Heaviest and precise engineering work

Diesel servicing—

Gotaverken-M.A.N.—Doxford 20 Maritime Reporter/Engineering News