Page 28: of Maritime Reporter Magazine (January 15, 1974)

American Ship Receives

Orders Totaling $31 Million

For Towboats And Barges

The American Ship Building Company,

Cleveland, Ohio, has announced that since the first of December it has received orders for hopper barges and towboats totaling $31 mil- lion. Jacob O. Kamm, president of American

Ship, who made the announcement, related the influx of orders to the current energy crisis. "The order for coal-carrying hopper barges and our November contracts for $95 million in new ship construction are all related to the country's energy problem," Mr. Kamm said. "The barges will haul coal on the rivers, and the ships will haul it on the Great Lakes as suppliers gear up to move increasing quan- tities of coal to energy generating outlets."

These latest orders cover the building of 210 hopper barges and two towboats to push them.

They will be built by AmShip's Nashville

Bridge Division in the present Nashville plant and in the company's new Ashland City, Tenn., plant when it is completed early this summer.

William H. Barton Jr., president of the

Nashville Bridge Division, indicated the barges will ibe 195 feet long and have a beam of 35 feet. Capacity of each will be 1,400 tons of coal.

All will eventually be used in tows on the

Ohio and Mississippi Rivers between mines and electric power plants.

The two 7,500-horsepower towboats included in the orders are of triple-screw design, and are each capable of pushing 30 fully loaded barges. Both will be constructed in the Nash- ville plant.

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COMET MARINE SUPPLY CORE

Financing Approved For

Supply Vessels For Germany

Built By Zigler Shipyards

To help finance a $3,278,000 sale of two off- shore supply vessels to Germany, the Export-

Import Bank has authorized a direct loan of $1,311,200 to finance 40 percent of the total

U.S. costs.

The European-American Banking Corp. will provide a loan of $1,311,200 from non-U.S. funds to cover another 40 percent of the total costs. The borrower, Deutsche Dampfschif- fahrts-Gesellschaft "Hansa" of Germany, will make cash payment of the balance of 20 per- cent of the U.S. costs, or $655,600.

Zigler Shipyards, Inc. of Jennings, La., is the U.S. supplier of the two vessels, which are scheduled for delivery in March and May 1975.

The loans are to be repaid in 16 semi- annual installments beginning November 15, 1975, with Eximbank's direct loan of $1,311,- 200 to be repaid out of the last eight install- ments with interest at an annual rate of 6 percent on outstanding balances. Repayment of Eximbank's loan is to be guaranteed by the European-American Banking Corp. 'Package' Order Received

Bv Maxim Products For

Three LNG Carriers

Maxim Products Group of Riley-Beaird, Inc. gets a "package" order which includes six marine heat exchangers, a deaerator and sea- water desalinator for each of three 125,000- cubic-meter LNG ships. C.D. Rose, division vice president, announced the new award from

Newport News Shipbuilding and Dry Dock

Company. The 20,000-gallon-per-day desalina- tors will be of the new Maxim flash design.

The three technologically advanced LNG tankers are those recently contracted by El

Paso Natural Gas Company to Newport News.

Fabrication will be at the Riley-Beaird Shreve- port, La., plant, with the first shipset scheduled for shipment in the last half of 1974.

This order and the options for additional shipsets represent one of the largest Maxim

Evaporator contracts in recent years for com- mercial ship application. Maxim supplies a wide range of heat exchange and distillation equipment for both military vessels, commer- cial ships, and offshore drilling rigs and plat- forms. 30 Maritime Reporter/Engineering News