Page 8: of Maritime Reporter Magazine (February 15, 1974)

Zapata Western And

Waterman Carriers Seek

Subsidy For 4 OBOs

Two New York City maritime companies — Zapata Western Ship- holdings, Inc., and Waterman Carri- ers, Inc.—have filed requests with the

Maritime Subsidy Board for subsidies to operate four, as yet unbuilt, ore/ bulk/oil vessels.

In their applications, the compa- nies said the vessels, at 80,000-dwt each, are not under firm charter, but ostensibly would be used in carrying coal from Vancouver, Canada, to

Japan; crude or petroleum products from Indonesia; or bauxite or alumi- num from Australia to U.S. West

Coast ports.

Another company owned jointly by

Zapata and Waterman, the Western

Bulk Ship Associates, filed an appli- cation in December for construction subsidy to build the four OBO ves- sels.

Oceans International

Announces Merger

And Expansion Plans

The merger of Oceans Interna- tional Corporation, and Shipping

Services, Inc., New Orleans, La., steamship agencies serving vessels, owners and operators in Gulf of

Mexico ports was announced by

Burnell J. Russell, president of

Oceans International Corporation.

To be known as Oceans Interna- tional Corporation, the firm is the result of expansion by both agen- cies and will continue to serve the shipping industry in the U.S. Gulf ports. The firm also established an office in New York City.

Burnell J. Russell

According to Mr. Russell, the merger will afford broader cover- age in the Gulf ports, as well as ex- panded service by the firm for the steamship cargo market. Future expansion plans include opening of a West Coast office.

No changes in management of the two primary offices are fore- seen, with the New Orleans opera- tions continuing under Charles J.

Barbot, executive vice president of

Oceans International Corporation.

Oceans International Corporation will represent Cook Transportation

Systems, Inc.. Figueiredo Line, and will act as U.S. general agents for

Sidarma Line with the U.S. Gulf agency for Transamerican Steam- ship Corporation and Transameri- can Ocean Corporation.

The firm's offshore and petrole- um industry department will repre- sent American Offshore, Inc., Jack- son Marine Corporation and Petrol

Marine, Inc.

The New Orleans office will maintain its present address at

Suite 204, 442 Canal Street. The

Houston office will continue at

Suite 1112, 1314 Texas Avenue, with the New York office at 17 Bat- tery Place, and the Galveston rep- resentation at the Cotton Exchange

Building.

Valmet Oy Appoints

Rauno lives Director

Rauno lives, general manager of the company's Helsinki Ship- yard, has been appointed director of the shipbuilding group and si- multaneously a member of the managing group of Valmet Oy.

Mr. lives graduated from the

Helsinki University of Technology in 1955 with a degree in shipbuild- ing. Since 1956, he was worked for

Valmet Oy's Helsinki Shipyard. In 1965, he was appointed works man- ager and in 1969, general manager.

Service Machine

Announces Completion

Of New Drydock

Service Machine & Shipbuilding

Corp. of Morgan City, La., has an- nounced the addition of a new 1,000- ton-capacity drydock to their marine repair department. This drydock, built at Service Machine's yard, joins a drydock of 1,500-ton capacity which has been operating for several years.

One of 52 installations throughout the world

LYKES SELECTS

DIGIPLOT

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IOTRON CORPORATION • 5 ALFRED CIRCLE • BEDFORD, MA. U.S.A.

CABLE: IOTRON BOSTON • TELEX: 92-3426 10 Maritime Reporter/Engineering News