Page 13: of Maritime Reporter Magazine (April 15, 1974)

NASSCO Elects Lents

VP And Controller

J. Eldon Lents

The appointment of J. Eldon

Lents as vice president and con- troller, 'National Steel and Ship- building Company (NASSCO), San

Diego, Calif., has been announced by John V. Banks, president. Mr.

Lents has been with NASSCO in

San Diego since 1959 as controller and assistant secretary.

Mr. Lents is an accounting grad- uate of Kinman Business University of Spokane, Wash.

A veteran of over" 36 years with the Kaiser organization, Mr. Lents started his career in 1938 as assis- tant camp office manager for the

Grand Coulee Dam 'Project in Ma- son City, Wash. From 1942 to 1944, he served as chief accountant for

Oregon Shipbuilding Corporation of Portland, Ore., and for the next five years was administrative man- ager'for Consolidated Builders, Inc. in Portland and Mill City, Ore. He then served two years for Kaiser

Engineers in Richland, Wash. Dur- ing the next three years, from 1954 to 1957, he was administrative manager for a joint venture group of contractors under the sponsor- ship of Kaiser Engineers, division of Henry J. Kaiser Company in

New South Wales, Australia.

Mr. Lents then returned to Oak- land, Calif., where he was account- ing manager, construction, for

Kaiser Engineers until his assign- ment to NASSCO.

He is a member of the NASSCO

Management Club, The Propeller

Club of the United States, and The

Navy League.

Litton Industries Asks $350-Million Increase

On Destroyer Contract

Litton Industries confirmed that it had asked for a $350-million in- crease on its DD-9'63 destroyer con- tract and said it expected costs to rise $485 million above that.

The company confirmed the $350- million cost increase after it was disclosed by Representative Les

Aspin (D-Wis.), and said this would raise the 30-ship contract to $2.15 billion. The vessels are under construction at Litton's Ingalls

Shipbuilding Corporation yard in

Pascagoula, Miss.

Going beyond Mr. Aspin's dis- closure, a Litton spokesman said it estimated that rising costs of ma- terials would add another $485 mil- lion in costs to be shared under the contract by Litton and the Navy.

Shaw Savill Orders

Seven 'Mini' Bulkers

The Furness Withy Group com- pany Shaw Savill has placed orders for seven "mini" bulkers of 3,200 deadweight tons on behalf of its subsidiary, Cairn Line. The order is worth $16.3 million at current exchange rates. Four of the ships will be built 'by Martin Jansen of

Leer, West Germany, and three by

Centromar, Poland, at their Gdansk

Shipyard.

Shaw Savill chairman Brian

Shaw commented that "we believe there is a growing requirement for this type of vessel in the middle sea area. In recent years, we have been developing this type of opera- tion with the Cairn Line and our faith in the future of this trading pattern is demonstrated by the or- der."

The first vessel is scheduled for delivery from the West German yard in December of this year. Sub- sequent vessels will be delivered at regular intervals up to early 1977.

The seven 'bulkers will form part of the growing Cairn Line fleet trading in the European and middle sea areas. They will all be equipped with large hatches, facilitating the carriage of a wide range of com- modities, including a substantial container-carrying capability.

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April 15, 1974 15