Page 2: of Maritime Reporter Magazine (November 1973)

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INFLATION GETTING YOU Dg wN9

Keep your • dollars afloat with BLUDWORTH

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Dedicated to the same quality service yesterday, today and tomorrow

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Now hiring welders and fitters

Here's the Fast, Economical

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Now Handle 1/16" to VA" Cable Easily, Without Adapters

Big

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Also indispensable for forming cable or wire rope around thim- bles or fixtures or mak- ing "U" bolt clamp or clip installations. Easy, efficient operation. Rig- id, durable construc- tion. Meets all standard federal specifications.

Now 4 Sizes:

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BIG BEAVER for %" to V/2" Wire Line

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Tool & Machine Co.

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Michigan Alumni

Dinner To Be Held

Nov. 15 In N.Y.C.

The Annual Dinner of the Naval

Architecture and Marine Engineer- ing Alumni of the University of

Michigan will 'be held in New York

City on Thursday, November 15, 1973 at the American Room, Inter- national Building, 630 Fifth Ave- nue, between 51st and 52nd Streets.

The reception will start at 6 p.m.

A highly interesting and entertain- ing program has been arranged. It is noted that this dinner will take place during the annual meeting of The Society of Naval Architects and Marine Engineers on the night 'before this Society's annual ban- quet.

Those interested in obtaining tickets for the dinner should con- tact Lester Rosenblatt, M. Rosen- blatt & Son, Inc., 350 Broadway,

New York, N.Y. 10013. All Michi- gan alumni, family and friends are welcome.

Equitable Receives $2.7-Million Contract

For LASH Barges

Equitable Equipment Company,

Inc. began construction August 3, 1973, on a new $2.7-million LASH barge contract for Pacific Far East

Line, Inc. The barges are being built at Equitable's Madisonville, La., ship- yards. The company recently invested several million dollars in new equip- ment and shipbuilding facilities at the

Madisonville and New Orleans ship- yards to handle new construction of

LASH and SEABEE barges and other types of vessels for the marine and offshore industries.

Equitable Equipment Company is the world's largest builder of LASH and SEABEE barges, with contracts in excess of $50 million.

Bank Holding Company

Creates Subsidiary

For Lease-Financing

A marine industry department to provide lease-financing for shipping projects has been established by

Charter New York Leasing Corp., a subsidiary of Charter New York

Corp., a bank holding company.

The new department, according to Robert J. Cullen, executive vice president and general manager of the subsidiary organization, will offer lease-financing assistance to marine projects generally, with par- ticular stress on activities in coastal and inland waterway shipping.

Charter New York Leasing is lo- cated at One Wall Street, New

York, N.Y. 88 SHIPYARDS IN 37 COUNTRIES

NOW BUILDING, REPAIRING AND

LAUNCHING ALL TYPES OF VESSELS

UP TO 60,000 TONS D.W.T. WITH SUIIGipH

DRYDOCKS

AND TRANSFER

SYSTEMS

TO ASSIST YOU IN PLANNING A NEW DRYDOCK

INSTALLATION, WE WILL VISIT YOUR SITE ANY-

WHERE IN THE WORLD AT NO COST OR OBLIGATION.

WRITE TO: PEARLSON ENGINEERING CO.

P.O. Box 8 (8970 S.W. 87th Ct.) Miami, Fla. 33156 U.S.A.

Phone (305) 271-5721 Telex 051-9340 Cable SYNCROLIFT

CLEAR VIEW SCREEN by ELECTR0-NAV

MARITIME

REPORTER

ENGINEERING NEWS 107 EAST 31st STREET

NEW YORK, N.Y. 10016

MUrray Hill 9-3266, 3267, 3268, 3269

ESTABLISHED 1939

Maritime Reporter/Engineering News is published the 1st and 1 5th of each month by Maritime Activity Reports, Inc.

Controlled Circulation postage paid at Hoboken, N.J. 07030.

Postmaster send notification (Form 3579) regarding un- deliverable magazines to Maritime Reporter/Engineering

News, 107 East 31st Street, New York, N.Y. 10016.

Member

BPA

Business Publications

Audit of Circulation, Inc.

No. 21 Volume 35 4 Maritime Reporter/Engineering News

Maritime Reporter

First published in 1881 Maritime Reporter is the world's largest audited circulation publication serving the global maritime industry.