Page 25: of Maritime Reporter Magazine (September 15, 1973)

American Ship To Sell

Great Lakes Towing

According to John H. Melchior Jr., executive vice president of American Ship Building Co.,

Cleveland, Ohio, the company has entered into an agreement for the sale of its Great Lakes

Towing Co. subsidiary to Trans Commercial

Industries, Inc. The transaction has been arranged to fulfill the obligations of American

Ship under an agreement reached after extend- ed negotiations with the U.S. Justice Depart- ment, which required the divestiture by Ameri- can Ship of the towing company, the announce- ment states.

American Ship acquired Great Lakes Tow- ing for approximately $6.7 million of its con- vertible preferred stock in June 1972.

The Justice Department action was based on the fact that American Ship's subsidiary operations include Kinsman Marine, a Great

Lakes vessel operator having a fleet of ap- proximately 25 bulk carriers.

Great Lakes Towing, based in Cleveland, operates a fleet of 45 tugs, primarily engaged in harbor and lake towing at major U.S. Great

Lakes ports.

Mr. Melchior indicated that the terms of the sale will result in a profit to American Ship, but that the transaction will have no material impact on the parent company's earnings.

Delaval Starts Production Of 20-Cyl., 12,500-HP Diesels

Delaval's Engine and Compressor Division,

Oakland, Calif., has begun production of the

RV Series 20-cylinder diesel or dual fuel en- gine available for marine use, the company announced.

Producing 12,500 horsepower at 450 rpm, the RV20 is the most powerful diesel designed and manufactured in the United States.

The first two RV20s have been purchased by the municipal utility in Homestead, Fla.

Twelve, sixteen, and now twenty-cylinder

RVs are also supplied as marine power plants for such ships as tankers and bulk carriers, passenger ferries, tugs and fishing vessels.

The RV20 uses a modified crankshaft and larger flanges on the outlet shaft to handle the increased torque of t'he longer engine.

Delaval Turbine Inc. is a manufacturing subsidiary of the Transamerica Corporation of San Francisco, Calif.

John R. Page To Head

S.F. Marine Exchange

John R. Page, veteran Pacific Coast steam- ship executive, has been elected president of the 124-year-old Marine Exchange of the San-

Francisco Bay Region.

Mr. Page, active in the maritime industry for more than four decades, is president of the Pacific Coast's largest shipping agency,

General Steamship Corp., Ltd. A native Cali- fornian, born in Alameda, he joined GenSteam in 1934, after three years' experience with the

American Pioneer Line. In World War II, he served in the Naval Transportation Service, returning to the company, where he was named executive vice president in 1963 and top offi- cer in 1966.

The Golden Gate service and promotional agency's board of directors also elected Miriam

Wolff, San Francisco port director, as first vice president; Lloyd O. Haefner, vice president,

Johnson & Higgins of California, as second vice president; and Werner Lewald, president,

Transpacific Transportation Co., as third vice president. Kenderton S. Lynch, Pacific Far

East Line vice president, was reelected treas- urer, and Robert H, Langner, 15-year Ex- change staff head, was reelected executive di- rector.

Mr. Page succeeds Edward D. Ransom, part- ner of Lillick, McHose, Wheat, Adams and

Charles, as chief elected Exchange officer.

Established' in 1849 to herald the arrival of Gold Rush sailing ships, the Marine Ex- change has since diversified its services and programs, while retaining the key role as the

Bay Region's shipping intelligence agency.

Serving as secretariat for 11 other maritime and trade organizations, it launched in 1959 a campaign which developed into a national program to cut "red tape" afflicting commerce.

Its harbor safety program resulted in estab- lishment of the first Coast Guard radar and computer port traffic regulation system—a $4-million installation which became opera- tional earlier this year. It also represents all

California ports in civil works navigational improvement efforts. A variety of develop- ment and promotional programs are also main- tained, including publication of references.

South African Yard Names

Marine Repair & Construction

Sole Agent In United States

Murray & Stewart (Marine) (Pty) Ltd has appointed Marine Repair and Construction

Corporation-International, 17 Battery Place,

New York, N.Y. 10004, as sole agent in the

United States. The announcement was made by Frederick A. Ganter, vice president of

Marine Repair and Construction.

Murray & Stewart (Marine) (Pty) Ltd is a member of the Murray & Stewart Group established in South Africa in 1902. The firm has facilities for handling drydocking, classi- fication and special surveys to all classes of merchant and naval vessels, salvage craft, barges, tugs, and tenders. They have mobile squads in all trades, able to attend to work in any part of the world.

Harbor and Coastwise Towing

For over 70 years, the Suderman & Young fleet has served the

Texas Gulf Coast.

Equipped with the latest towing, communication and naviga- tional aids, and manned by experienced crews, Suderman &

Young tugs are ready to handle any type of towing prob- lem-24 hours a day.

SUDERMAN AND YOUNG

TOWING CO., INC.

HOUSTON CORPUS CHRISTI FREEPORT

GALVESTON TEXAS CITY 329 World Trade Building, Houston, Texas 77002 713 227-1128 Cable: Sandy, Houston

September 15, 1973 27