Page 22: of Maritime Reporter Magazine (May 15, 1977)

Seatrain Int'l Forms

Saudi Container Services

As Joint Venture

Seatrain International S.A., and

General Contracting Corp. have announced the formation of Saudi

Container Services.

Seatrain International is a wholly owned subsidiary of Sea- train Lines, and General Con- tracting is a member of the

Olayan Group.

The new organization, accord- ing to John Lamar, president of

Seatrain International, will serv- ice operators of containerships and other vessels at Saudi Ara- bian ports. "With the completion of our terminal within the customs area of Dammam, we are in a position to offer shippers fast delivery of cargo throughout Saudi Arabia.

In the months ahead, we intend to establish and operate container terminals at other Saudi ports,"

Mr. Lamar said.

General Contracting is a major element in the construction equip- ment and transportation industry in Saudi Arabia.

The jointly owned organization will be managed by the Seatrain affiliate.

Seabury McGown Named

Uniflite's Manager Of

Contracts Administration

Seabury C. McGown

Seabury C. McGown has been appointed to the post of manager of contracts administration for

Uniflite, Inc., fiberglass boat man- ufacturer headquartered in Bell- ingham, Wash., with a second plant in Swansboro, N.C., accord- ing to John L. Thomas, president.

In his new capacity, he will be responsible for negotiating and' administering all Uniflite contract boat manufacturing, including work for the U.S. Navy and the

Valiant Yacht Corporation of

Seattle.

With Uniflite since 1967, Mr.

McGown served until 1975 as chief engineer with responsibility for design of the company's boats.

For the past two years, he has been manager of commercial and military sales. Before joining Uni- flite, he served for 11 years in the U.S." Navy Bureau of Ships (BuShips).

A native of Cooperstown, N.Y.,

Mr. McGown is a graduate of the

Massachusetts Institute of Tech- nology (M.I.T.). He is a member of The Society of Naval Archi- tects and Marine Engineers, the

American Boat and Yacht Coun- cil, and a committee of the Amer- ican Bureau of Shipping currently preparing building and classifica- tion rules for fiberglass vessels under 200 feet.

Kockums To Build

Two LNG Carriers

For Own Account

Kockums, the last major Swed- ish shipyard remaining in private hands, is to build a second lique- fied natural gas (LNG) carrier of 133,000 cubic meters on its own account, in order to secure production at its Malmo yard until the autumn of 1979. The production cost is expected to be about 500 million kroner. Nils-

Hugo Hallenborg, the managing director, told the annual meeting that competition in the construc- tion of this type and size of vessel was limited. There was, therefore, a favorable prospect of being able to sell the two carriers at a profit later.

Mr. Hallenborg forecast a de- cline in group earnings this year from the 32.3 million kroner reached in 1976, but he also an- ticipated "many positive develop- ments" during the year, which would boost future profits.

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Maritime Reporter/Engineering News