Page 10: of Maritime Reporter Magazine (January 15, 1974)

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Pacific Resources Plan

Construction Of Four Tankers

At Total Cost Of $140 Million

Pacific Resources Inc. said it has filed an amended application with the Federal Mari- time Commission for oil-tanker-construction subsidies, raising the number of tankers re- quested to four from three and increasing the size of each ship to 89,000 tons from 80,000; since the original request was filed in October, the company has formed a subsidiary—Hawaii- an International Shipping Corp. — to operate the tankers.

The ships are expected to cost an aggregate $140 million, the company said. Of this amount, 39 percent would be covered by subsi- dies if approval is granted by June 30, 1974.

Assuming approval, the company said, three of the ships could be in operation by 1977 and the fourth by 1978.

The ships are primarily designed to carry crude oil from Indonesia and the Persian Gulf to U.S. ports, but they would also be able to handle ore or grain.

Navy Energy R&D

Office Relocated

The Navy has announced that its Energy

R&D Office, formerly at the Naval Material

Command Headquarters, Crystal City, Arling- ton, Va., has been relocated to the Naval Ship

Research and Development Center, Annapo- lis, Md.

Comdr. Paul A. Petzrick, USN, has been appointed Director of the Navy Energy and

Natural Resources R&D Office. Prior to his new appointment, Commander Petzrick was head of the Naval Material Command Support

Technology Branch, and was associated with the Environmental Protection Research and

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Development Program. The Energy R&D Of- fice, MAT 03Z, will remain a part of the Naval

Material Command headquarters, but will be a tenant activity at the Annapolis Laboratory.

In this office, Commander Petzrick will ad- minister the energy portion of the Department of the Navy Exploratory Development JPro- gram, and will coordinate the execution of the

Advanced and Engineering Development En- ergy programs. Experiments and demonstra- tions in the application of technology emerg- ing from the energy R&D programs of other military departments, other Federal agencies, and industry will be coordinated with Navy programs.

Moore And McCormack Co.

Plan To Change Firm's Name

Moore and McCormack Co., Inc. (NYSE:

Pacific) plan to change its name to Moore

McCormack Resources, Inc., according to an announcement by James R. Barker, chairman and chief executive officer.

Mr. Barker said this change, which is sub- ject to approval of shareholders at a special meeting to be held February 6, is being made to "more accurately reflect the present scope and direction of the company's business, which is focused on water transportation, natural resources and related logistics."

Moore and McCormack's principal activities include Pickands Mather & Co. of Cleveland,

Ohio, which operates iron ore and coal mines,

Great Lakes ore carriers, and acts as sales agent for various materials, and Moore-Mc-

Cormack Lines, Incorporated, which ofifers ocean shipping services from U.S. East Coast ports to the East Coast of South America and to South and East Africa.

Other company subsidiaries include Moore-

McCormack Bulk Transport, Inc., which will operate oil tankers now under construction and other bulk carriers, and Moore-McCormack

Energy, Inc., which develops participation in projects requiring transportation and related logistics of energy-oriented resources.

NEVER A WATER SHORTAGE: This 146-foot-long lux- ury yacht will never have a water shortage. Designed by

Bureau DeVoogt of Haarlem, Holland, DeVries Scheeps- bouw, b.v., Aalsmeer, Holland, built the yacht for James

A. Ryder of Miami, Fla. The M/Y Jardell makes use of a pair of Maxim HJ 1 0 desalinators and one HJ50 to meet her freshwater needs. Electric power is supplied by two 1 1 5-kw sets, with one Maxim HJ 1 0 desalinator operated by recovery of engine jacket water heat from each diesel generator set. Main propulsion, providing for a cruising speed of 1 6 knots, is by two 900-hp GM diesels. The big

Maxim HJ50 desalinator is operated by the rejected en- gine jacket water heat from the main propulsion engines.

Her appointments include three double guest rooms, each with a bathroom and shower, owner's cabin with bath- room and shower, captain's cabin with bath, a kitchen, dining room, bar and lounge, living room, two studios, and sun deck, five double crew cabins with four bath- rooms and showers, crew's recreation room, mess room, and laundry. The three Maxim desalinators, supplied by

Riley-Beaird, Inc., Shreveport, La., can provide all fresh- water requirements and operate economically from engine jacket water heat that might otherwise be wasted. 12 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.