Page 6: of Maritime Reporter Magazine (March 1973)

J. Rod A. Lindsay

Appointed President

Seaspan International

AMF Completes Sale

Of Beaird Subsidiary

To The Riley Company

Howard C.Warren, chairman of

The Riley Company, and Rodney

C. Gott, AMF Incorporated chair- man and chief executive officer, have announced that the sale of the business and assets of AMF Beaird,

Inc., a wholly owned subsidiary of

AMF Incorporated, to The Riley

Company has been completed.

The transaction was for a sum in excess of $25 million. Agreement in principle providing for the sale of AMF Beaird to The Riley Com- pany was also announced.

The Beaird Company is located in Shreveport, La. Its primary man- ufacturing complex was built in 1964, and it is one of the largest metal fabricating plants in the

Southwest, with more than 600,000 square feet of "under-roof" manu- facturing area.

The Riley Company, based in

Chicago, 111., through its Riley

Stoker subsidiary, is a major man- ufacturer of steam generators and fuel-burning equipment for the elec- trical power and other industries.

Beaird will operate as a subsidiary of Riley Stoker Corporation under the name Riley^Beaird, Inc.

AMF Incorporated is a world- wide producer of industrial and lei- sure time products.

J. Rod A. Lindsay

James C.F. Stewart, chairman and chief executive officer of Sea- span International Ltd., North

Vancouver, British Columbia, Can- ada, has announced the appoint- ment of J. Rod A. Lindsay as presi- dent.

Prior to his appointment as presi- dent, Mr. Lindsay was executive vice president of Seaspan. He has served in the marine transporta- tion field with Seaspan and its pre- decessor companies since 1948. He is a graduate of the University of

British Columbia in mechanical en- gineering. Mr. Lindsay is a past president1 of the Vancouver Mer- chants' Exchange and the B.C.

Towboat Owners' Association, and is active in other business and com- munity oriented organizations.

Seaspan is a diversified coastal and deepsea transportation and sal- vage company specializing in tug and barge operations in the Pacific region. It is jointly owned by Gen- star Limited and Dillingham Cor- poration.

Gotaas-Larsen Orders

VLCC From Kawasaki

Gotaas-Larsen Shipping Corp. has ordered a 257,000-dwt tanker from Kawasaki Heavy Industries of Japan, according to H. Irgens

Larsen, chief executive officer of the company. The order, calling for delivery in the first quarter of 1976, is subject to issuance of an export license by the Japanese Govern- ment.

The company, a subsidiary of In- ternational Utilities Corp., has tak- en delivery on four 216,000-ton tankers and will commission a fifth when Kawasaki completes the ship.

The newly ordered vessel will be 1,197 feet in overall length, have a beam of 207 feet, and will draw 72 feet.

French Yard Receives

Order For Two Tankers

From Onassis Group

Two tankers, each 270,000 dead- weight tons, have been ordered from Chantiers de L'Atlantique

S.A. by Olympic Maritime, Ltd., part of the group headed by Ari- stotle Onassis.

The order, subject to certain credit conditions, is for one of the vessels to be delivered by the end of 1974, and the other by the end of 1975. ©A >!> C ca •sun D=" 0 ® d jiB=

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JACUZZI BROS. INC. 8 Maritime Reporter/Engineering News