Page 44: of Maritime Reporter Magazine (November 15, 1973)

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Putnam Shipbuilding Receives

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The Florida Towing contract calls for a sister tug to the

Atlantic Towing tug, shown under construction at Putnam.

Florida Towing Co., Inc. of Jacksonville,

Fla., has ordered a 95-foot twin-screw harbor and coastwise tug from Putnam Shipbuilding

Corp. of Palatka, Fla., the first of five which

Florida Towing plans to have constructed over the next several years.

This is a sister tug to one currently under construction at the Palatka yard for Atlantic towing 'Company of Savannah, Ga.

The contract for the second tug was signed on October 15. Present at the signing were Dr.

W.T. Coppedge Jr., president of Florida Tow- ing Co.; Henry Hostrup, president of Putnam

Shipbuilding 'Corp., and Joseph F. Carroll and

W. Anthony Watt, vice presidents of Florida

Towing.

The tug, designed by Norman N. Dejong &

Associates, Inc., N.A. of Jacksonville, will have principal molded dimensions of 95-foot length, 30-foot breadth, and 17-foot depth, and will be powered toy two Caterpillar D399TA engines, developing 1,425 continuous hp per engine. All equipment on the tug will 'be of highest quality for as maintenance-free operation as possible.

The vessel will meet all USCG and ABS rules and regulations for harbor, coastwise, and

Caribbean service.

At the signing, Dr. Coppedge announced that this is the first of five proposed tugs of this class that will be built over the next sev- eral years. "With the expected growth of the

Port of Jacksonville, this is an extremely im- portant project."

Putnam Shipbuilding, located on Stokes

Landing Road in Palatka on the St. Johns

River approximately 60 miles south of Jack- sonville, was formed by Henry Hostrup in the spring of 1971. Aside from tugboat construc- tion, Putnam Shipbuilding has 'built and de- livered a 52-foot and a 64-foot stern trawler.

Santa Fe International And

Canadian Firms To Explore

Offshore Areas Off Vietnam

Santa Fe International Corp., Orange, Calif., has announced it will participate with three

Canadian companies in exploring two offshore concessions covering more than 5,000 square miles in the South 'China Sea off Vietnam.

Edfred L. Shannon Jr., Santa Fe president, said each concession contains approximately 1.7-million acres. They are located about 135 miles south of the Mekong Delta area in water depths between 120 and 190 feet.

The two areas, designated as Blocks 21 and 22 by the Vietnamese Government, were award- ed to Sunningdale Oils Vietnam, Ltd., Calgary,

Canada. Sunningdale has assigned 25 percent each to Bow Valley Industries, Ltd. and Sie- bens Oil & Gas Ltd., both of Calgary, and to

Santa Fe.

Mr. Shannon said the group has contracted for a seismic survey of the two blocks. The contract for 4,000 miles of marine seismic, gravity and magnetic coverage has been awarded to Geophysical Service International

S.A. Bow Valley Industries will be operator for the group during the exploration phase.

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