Page 10: of Maritime Reporter Magazine (September 1974)
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Corps Of Engineers
Asks Bids For
Twin-Screw Towboat
The Corps of Engineers, P.O.
Box 867, Little Rock Ark. 72203, will open bids on September 17, 1974 for the construction of a twin-screw diesel-powered tow- boat. The vessel's propulsion sys- tem will eonsist of two 975-horse- power diesel engines, and the towboat will measure 96 feet by 34 feet, with the cost ranging from $1 million to $5 million. Bid sets may be obtained from the
Corps of Engineers at a price of one dollar.
Executive Promotions
At Dravo Corporation
Robert Dickey III, president and chief executive officer of
Dravo Corporation, Pittsburgh,
Pa. 15222, was elected to the ad- ditional post of chairman of the board in aetion taken by the com- pany directors.
Mr. Dickey reported that the board also elevated four other senior executives to new posts in moves which realign and expand management responsibilities at a time when Dravo is experiencing sfeady growth and developing new long-term opportunities in its domestic and international op- erations. The other promotions are:
H.E. Lore, to vice chairman and chief administrative officer, will assume responsibility for staff functions, including international, industrial relations, purchasing and traffic, legal, public relations and advertising.
J.K. Beidler, as vice chairman, commercial, will expand his re- sponsibilities for the company's worldwide commercial activities, with particular emphasis on co- ordinating the marketing of mul- tidivisional products and services.
P.J. Berg moves up to senior vice president, operations, in charge of Dravo's four operating groups and its Australian sub- sidiary, Dravo Proprietary, Ltd.
R.S. Gould, as senior vice pres- ident, corporate development, will be responsible for research and development, acquisitions, mar- ket development and planning and land development.
Completing the new executive alignment at the diversified engi- neering, manufacturing and con- struction firm is T.F. Faught, who earlier this month was elected senior vice president, fi- nance to replace E.T. Fitch who retired last year.
In commenting on the changes,
Mr. Dickey said that the board's actions are a response to the com- pany's recent growth and recog- nition of expanding executive re- sponsibilities as Dravo positions itself in new and enlarging areas of activity worldwide. "The steps announced today," Mr. Dickey saffl, "are the first in a series of operational, personnel, marketing 60 and other changes that will take place in an evolutionary maimer to meet the company's long-range objectives."
Earlier, Dravo announced that earnings for the first six months of 1974 were 50 percent above those of the corresponding period last year. Backlog to be reported as revenue at June 30, 1974 was $951 million, compared with $812 million a year ago and $677 mil- lion on the same date two years ago. Mr. Dickey commented that
Dravo's earnings for the full year 1974 are expected to exceed 1973's record $3.72 per common share by a sizable margin, and will rep- resent the fourth consecutive year of profit improvement. He added that revenue for the full year is expected to reach the half-billion- dollar mark for the first time in the company's history.
Lee Turner To Manage
Ship Chartering For
Evans International
Lee Turner has been named manager of the ship charter de- partment of Evans International
Trading Co., Portland, Ore. He was previously a director of A.A.
Whitehead Shipping Ltd., Lon- don.
Announcing two new underwater hull cleaning
SCAMP™ Service Stations in the Gulf throughout its international waters and at Kharg Island.
FEKETE & CO. (Gulf International Waters) JONOOB DIVERS COMPANY (Kharg Island)
BUTTE RWOHTH "Clean as you wall"... write, cable or telex for rendezvous.
Butterworth Systems Inc.
P. O. Box 9. Bayonne, New Jersey 07002 USA Cable address: Buttworth Bayonne
Butterworth Systems (UK) LTD. 445 Brighton Road, South Croydon, Surrey CR2,6.EU, England
Cable address: Maropedok, Croydon ... or your local Butterworth Systems Representatives
Other SCAMP Service Stations at:
Singapore • Tenerile • Rotterdam • Cristobal
Fremantle • Bantry Bay • Genoa • Tokyo Bay
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Maritime Reporter/ Engineering News