Page 4th Cover: of Maritime Reporter Magazine (July 1977)

ABS To Consolidate

Headquarter Operations

The American Bureau of Ship- ping, a 115-year-old ship classi- fication society, has acquired a 21-story building on lower Man- hattan for use as its worldwide headquarters.

Announcement of the purchase was made by Robert T. Young,

ABS president, and James D.

Robinson III, chairman and chief executive officer of American Ex- press Co., owner of the 65 Broad- way, New York City property, which has been taken over by the classification society.

ABS has made its worldwide headquarters at 45 Broad Street,

New York, since 1946, but as a result of the organization's ex- panding activities it has been forced to take additional space in nearby buildings.

The ship classification society had its first headquarters in the old Merchants Exchange on Wall

Street, opening offices there in 1862.

The Bureau subsequently moved to a number of new sites, all on lower Manhattan, outgrowing each in turn, until it acquired the 45

Broad Street building which has been the focal point for its inter- national activities ever since.

The organization currently em- ploys more than 500 people at its

New York office, with an addi- tional 700 employed at its ex- clusive and nonexclusive offices throughout the world.

The Society establishes inter- nationally accepted Rules for the design, construction and periodic survey of merchant ships and other marine structures.

Subsidiaries of the Bureau,

ABS Worldwide Technical Serv- ices, Inc., and ABS Computers,

Inc., will also be located at the new headquarters building.

Port Weller To Build $33-Million Bulker

A contract to build a maximum

Seaway-size self-unloading bulk carrier valued at $33,000,000 has been awarded to Port Weller Dry

Docks of St. Catharines, Ontario,

Canada, by Upper Lakes Shipping

Ltd. of Toronto.

The ship, designated as Hull 64, will closely resemble the Ca- nadian Olympic, delivered by Port

Weller to the same owners in

October 1976.

She will be equipped with the same type of cargo reclaimer and the automated console that per- mits a single operator to unload the ship at a rate of 6,000 tons an hour. The console and the re- claimer were developed by Port

Weller, its subsidiary Canal Elec- tric Ltd., and a materials handling company. However, the ship's in- creased breadth of 75.83 feet and changes in the interior structural design will increase her cargo ca- pacity to 1,421,300 cubic feet, an increase of 31,800 cubic feet. The increased breadth conforms with recent changes in regulations of the St. Lawrence Seaway Au- thority.

The ship will be powered by two M.A.N, diesel engines gen- erating 10,000 metric bhp. Her speed will be 13 knots (15 mph).

MSB To Compute

Estimated Foreign

Cost Of Tug/Barge

The Maritime Subsidy Board (MSB) has issued a notice that it intends to compute the estimated foreign cost of the construction of a Catug integrated tug/barge vessel. The computation will be made in connection with the application which Arna Marine

Company, Fort Lauderdale, Fla., submitted in May for construc- tion-differential subsidy and a

Title XI guarantee to aid in fi- nancing the construction of a 42,000-deadweight-ton tug/barge unit. The U.S. construction cost of the vessel is estimated to be $25.75 million. Firms having any interest in the computation may submit written statements to the

Secretary, Maritime Subsidy

Board, until the close of business on August 5, 1977.

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