Page 31: of Maritime Reporter Magazine (March 1974)

ITT Mackay Marine Introduces

Marine Radio Console For

Shipboard Or Fixed-Station Use

A marine radio communications console was recently announced in Raleigh, N.C., by ITT

Mackay Marine, a division of International

Telephone and Telegraph Corporation.

The MRU-35A SSB/CW console provides a complete high-frequency radiotelephone and radiotelegraph communication facility suitable for shipboard or fixed-station use.

The equipment features synthesized fre- quency control which, provides 220,000 highly stable transmitting frequencies between 2.0

MHz and 24.0 MHz. On all authorized frequen- cies in this range, it meets F.C.C. requirements for shipboard or land-maritime applications.

The MRU-35A transmitter combines an ad- vanced solid-state synthesized exciter with a modern, manually tuned linear amplifier.

OCEANIC

ELECTRIC PRODUCTS "Over A Half Century of

Service in the Marine Industry"

Oceanic products are manufactured to meet the requirements of

U.S.C.G. Electrical Engineering Regulations

WATERTIGHT MARINE

SWITCHES

Call or Write for

Complete Catalog

PHILADELPHIA SECTION ASNE MEETING: The Phila- delphia Section of the American Society of Naval Engi- neers met recently at the Officers Club of the Philadel- phia Naval Shipyard. Approximately 50 people heard a very interesting presentation by Capt. J.A. Smith, Nav-

Ship Project Manager, on the Navy's 1 200 PSIG Propul- sion Plant Improvement Program. Attending the meeting were, left to right: R.B. McFaden, chief of marine engineering, J.J. Henry Company, coordinator; Captain

Smith, presenter; A.C. Brown, vice president, J.J. Henry

Company, Section chairman, and G.A. Carlton, NAVSEC (Philadelphia Division), vice chairman.

Dearborn-Storm To Concentrate

On Offshore Drilling Industry —Computer Leasing To Be Sold

Dearborn-Storm Corporation has announced that an agreement in principle has been reached with a group of private investors in Chicago for the sale of Dearborn's portfolio of IBM

System 360 computers for $17 million in cash payable at the closing.

This transaction, to be reflected in fiscal 1973, will result in a loss on disposal of the computer portfolio, including phase-out costs, of approximately $9.0 million ($3.15 per share), net of applicable tax benefits of approximately $4.2 million.

Arthur Weiss, chairman of the board of di- rectors, stated that "divestiture of our interests in the computer leasing business now allows us to concentrate all of our management efforts and financial resources on our primary busi- ness, which is servicing the worldwide needs of the offshore petroleum industry."

Reflecting this concentration of Dearborn's interests in servicing the offshore petroleum industry, Dearborn's board of directors ap- proved a change of the corporate name to

Storm Drilling & Marine, Inc., subject to ap- proval by the stockholders at the annual meet- ing to be held in Houston, Texas, on April 9, 1974. The chairman also stated that proceeds from the sale of the computer portfolio would be used to further expand the company's off- shore service capabilities.

Dearborn currently has under construction drilling rigs and marine service vessels with an aggregate cost of approximately $75 million.

Builders of Quality Boats and Barges—Drydocking

SHIPYARD FABRICATORS

MACHINE WORKS

MORGAN CITY LOUISIANA /

SERVICE MACHINE

AND SHIPBUILDING CORP. "UNMATCHED

EXPERIENCE

SINCE 1887..THE FINEST

REPAIRS IN LESS TIME 3 Floating Dry Docks — Capacity to 5,560 Tons

Diesel Lighter — Capacity 50 Tons

Complete Machine, Electrical,

Carpenter, Boiler,

Shipfitting and Hull Departments

Fast 24 Hour Service

Voyage Repairs a Specialty

Less Than 3 Miles From Seven

Major Oil Terminals

Steel Fabrication — Rudders and Stern Frames

Amdod nov nnrv rnuntuv v DRY DOCK COMPANY

OF COMMERCE ST. PERTH AMBOY, N. J.

Night or Day Telephone: 201-826-5000

Founded 1887

OCEANIC

ELECTRICAL MFG. CO., INC

Sole Manufacturers of Oceanic Electric Products 1 57-1 PERRY ST., NEW YORK, N.Y. 10014 • WA 9-3321

KEARFOTT

World's Finest Shipboard

Windows and Window Wipers

Sliding Window, Type K-100

WRITE FOR

CATALOG

All Kearfott products are backed by proven engineering. • Crank-operated and counterbal- anced windows • Electrically heated de-icing and defogging windows • Double-sash windows • Window wipers • Portlights, fixed and hinged

SINGER

AEROSPACE A MARINE SYSTEMS

Crank-Operated Window,

Type K-325

Window Wiper, Type

KS-1385; Fixed

Window, Type K-325-F

KEARFOTT MARINE PRODUCTS 780 S. Third Ave., Mt. Vernon, N.Y. 10550 914-664-6033 5/VELSOW ' OILFIELD LIGHTING CO., INC.

P. 0. BOX 1284 FORT WORTH, TEXAS 76101

THE NEW LOOK IN

MARINE LIGHTING 6400 6200 SS

MARINE STAINLESS STEEL

MERCURY VAPOR MARINE FLUORESCENT I

March 1, 1974 35