Page 46: of Maritime Reporter Magazine (April 15, 1973)
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Farrell Lines President
Thomas J. Smith
Named AIMS Chairman
Thomas J. Smith
One of the nation's key maritime executives, who has long been a leader in the U.S.-flag cargoliner industry, has been elected chair- man of the board of the American
Institute of Merchant Shipping (AIMS).
He is Thomas J. Smith, president and chief executive officer of Far- rell Lines, Inc., New York.
Change in AIMS's leadership was announced by outgoing board chairman W.C. Brodhead, vice president, Marine Department,
Gulf Oil-Co.-Transportation, Phila- delphia, following AIMS's annual meeting at the Madison Hotel in
Washington, D.'C. It was also an- nounced that the new chairman of of AIMS Tanker Council will be
Emmett A. Humble, general man- ager, Marine 'Division, EXXON
Co., U.S.A., Houston, Texas, re- placing H.A. Steyn Jr., manager,
Relations Division, Marine Depart- ment, Mobil Oil Corp., New York.
Remaining as chairmen of AIMS
Liner Council and Dry Cargo and
Coastal Council will be Capt. J.W.
Clark, president, Delta Steamship
Lines, New Orleans, and Eugene
Yourch, vice president, Marine
Transport Lines, New York, re- spectively.
Mr. Smith, who has also served as chairman of the Liner Council, comprised of regularly scheduled cargoliner operators with ships un- der Government subsidy contracts, has been associated with Farrell
Lines for nearly 31 years. Presi- dent of Farrell Lines since 1968 and its chief executive officer since 1970, Mr. Smith heads a company with 14 modern cargoliners sailing to South, East, and West Africa and to Australia-New Zealand.
Well-known in maritime trans- portation, both on the national and international scene, he has been a member, director or president of some 40 shipping, trade and other business organizations. (He was recently selected "Man of the
Year" by the Foreign Commerce
Club of New York.)
Mr. Smith has been active for more than 20 years in "labor rela- tions as a member of the industry team in New York, and also as- sisted in the formation of the Na- tional Cargo Bureau in New York.
He has been president of the Afri- can-American Chamber of Com- merce and for his contribution to
U.S.-African relations has been decorated by the President of Li- beria with the Grand Band, the highest rank of the Order of the
Star of Africa.
As board chairman of AIMS, Mr.
Smith assumes the leadership of an association organized in 1969 through the merger of three steam- ship trade associations represent- ing all coasts. As the nation's larg- est American-flag shipowners' as- sociation, AIMS is comprised of 35 companies operating over 400 tankers and subsidized and non- sii'bsidized dry cargo ships in the foreign, coastal and intercoastal trades. These vessels represent about 70 percent of all active, pri- vately owned ships registered un- der the U.S. flag and aggregate over 8 million deadweight tons.
New AIM'S board members in- clude Adolph B. Kurz, presi- dent, Keystone Shipping Company,
Philadelphia; J.T. Lykes Jr., chair- man Lykes Bros. Steamship Co.,
Inc., New Orleans, and James R.
Barker, chairman of the board and president, Moore-McCormack
Lines, Inc., New York.
Continuing as board members for 1973, in addition to Messrs. Smith,
Brodhead, Humble and Yourch, are: Thomas B. Crowley, chairman,
Alaska Hydro-Train; J.R. Dant, president, States Steamship Co., and Larry C. Ford, president, Chev- ron Shipping Co., all of San Fran- cisco; Edward J. Heine Jr., presi- dent, United States Lines, Inc., and
Henry J. Luck Jr., general man- ager, Marine Transportation, Mo- bil Oil Corp., both of New York;
Capt. Charles M. Lynch, manager,
Marine Transportation, Atlantic
Richfield Co., Los Angeles; Leo C.
Ross, president, Pacific Far East
Line, Inc., San Francisco, and Fred
S. Sherman, president, Calmar
Steamship Corp., New York.
AIMS officers reelected for the year by the board were James J.
Reynolds, president, Albert E. May, vice president, and William J. Cof- fey, secretary - treasurer. Philip
Steinberg was reelected vice presi-
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In a review of AIMS's work in 1972, Mr. Reynolds said that AIMS had been "exceptionally active" in working with industry and Gov- ernment to achieve the goals set forth in the 1970 Merchant Marine
Act's building program, adding that "The American merchant marine is now entering the most productive era in our industry's peacetime his- tory. "The results will be far-reach- ing," Mr. Reynolds continued. "Our nation and our people will be the beneficiaries. The value of the
American merchant marine as a creator of jobs, as an instrument to better our balance of payments situation, as a goodwill ambassador to help create world peace, as a builder of foreign trade between our country and foreign nations, as a developer of new markets overseas, and as a more versatile logistical arm of the military are becoming strikingly apparent as we rebuild a revolutionary new mer- chant fleet."
Including vessels being built un- der the 1970 Act, Mr. Reynolds said that 80 ships totaling more than 4.5 million dwt were being built or on order in U.S. yards as of December 31, and including five additional vessels undergoing con- version, the overall shipbuilding cost topped $2.4 billion last year.
He said these 85 high-capacity ships are critically needed to meet advancing technology of foreign competitors and "will be able to do the job of between 250 and 300 of the older, conventional-type ves- sels." He added that pending con- struction differential subsidy ap- plications total over 50 ships, rep- resenting a potential of more than 6 million dwt and costing $3.3 bil- lion.
Looking at 1973 as hopefully a year of "better times and more car- go for U.S.-flag shipping," Mr.
Reynolds concluded: "Maritime management and labor are continu- ing to show signs of working to- ward a united front. There is a gen- eral understanding that if they don't, foreign-flag shipping will quickly move in and take over an ever-increasing share of the field.
But this seems highly unlikely. On- ly in the past year have we truly begun to see the chasm close be- tween maritime unions and opera- tors—and this, ironically, as West
Coast steamship companies suffer- ed one of the most untimely and illogical maritime strikes of all time. This labor-management 'to- getherness'—an awareness of a mu- tual self-interest in stability of serv- ice, as accomplished through the
National Maritime Council which
AIMS helped conceive and set up two years ago—will encourage at- tainment of our objectives and as- sure that the U.S. fleet will again be a dynamic force to be reckoned with in international trade and the pride of a nation determined to re- build its seapower." 48 Maritime Reporter/Engineering News