Page 26: of Maritime Reporter Magazine (September 15, 1977)

Coatings. Ail Fluid Film products and engi- neering services are available inter- nationally.

Compare the labor and material costs of Fluid Film to the total cost of sophisticated paint systems shown in the chart. You'll see why so many shipbuilders and maintenance superintendents have been using Fluid Film for over 30 years.

For more information write or telephone us collect at (415) 761-3536. (Telex 349-465)

Fluid Film

Gel B

Coal Tar

Epoxy

Surface preparation None to minimum

Sandblasting

Moisture tolerance Can apply to damp surface requires dry surface

Number of coats 1 2-3

Curing time None 48 hours

Flash point during Over 400° F Under 110° F

Farrell Sale And

Leaseback Agreement

Approved By MarAd

The Assistant Secretary, U.S.

Department of Commerce, Mari- time Administration, has ap- proved the request by Farrell

Lines Incorporated (Farrell) to enter into a sale and leaseback agreement for two containerships being built with the aid of con- struction-differential subsidy and a Title XI guarantee.

The vessels, Austral Pioneer and Austral Puritan, are pres- ently under construction at Beth- lehem Steel Corporation's Spar- rows Point, Md., shipyard. They are scheduled for delivery in

November 1978 and February 1979, respectively.

Under the sale and leaseback agreement, Farrell will assign its rights and obligations under the

IS THE CANCER. James F. Badger In his new position, Mr. Badger will be involved with all phases of the company's marketing oper- ations. A native of Gaffney, S.C.,

Mr. Badger attended graduate school at the University of South

Carolina, and Tulane and was a candidate for a doctorate in eco- nomics at Tulane University in

New Orleans.

Captain Clark also announced that Richard V. Collins, who has been with Delta since 1973, has been promoted to the position of assistant to the president.

Richard V. Collins

Mr. Collins is a 1966 graduate of the United States Merchant

Marine Academy, holds an un- limited master's license and at- tended Northwestern University, where he earned a master's de- gree in business administration in 1973, when he first joined

Delta. His most recent position with Delta was as assistant vice president-market research.

Delta Steamship Lines, Inc., 1700 International Trade Mart,

New Orleans, La. 70150, owns and operates a fleet of ultramod- ern vessels that offer service be- twPPn TT ft f^inl-p r»-f IVfnvirt/-. nnwfo construction contracts for the vessels to the United States Trust

Company of New York (Ship- owner). The Shipowner will act as owner/trustee of the vessels under trust agreements, with wholly owned subsidiaries of the

Bank of America National Trust and Savings Association as the equity participants.

Farrell will then bareboat char- ter the two container vessels un- der a separate 24-year charter for each of the ships. The terms of the sale and leaseback pro- posal are subject to approval by the Maritime Administration.

Delta Steamship Names

Badger And Collins

James F. Badger has rejoined

Delta Steamship Lines, Inc., as vice president-market research, according to an announcement by

Capt. J.W. Clark, president of the

New Orleans, La.-based line. Mr.

Badger served previously with

Delta Line (1967 to 1974) in vari- ous managerial capacities.

IS THE ANSWER.

The answer to one of your most costly maintenance problems.There's nothing like the sea to cause rust on ships- escalating your expenses, endangering your capital investment. And there's nothing like Fluid Film® to conquer it.

Fluid Film goes right through exist- ing rust to the base metal, providing a non-drying protective barrier. And it's safe, non-polluting and easy to apply.

Three-year no-rust guarantee

Fluid Film is so effective that we guarantee it for three years when used in your ship's tanks. Even on in-service vessels. (Many applications last over ten years.) If in three years from date of appli- cation, Fluid Film fails to provide corrosion control under normal operating conditions due to washing off, falling off, drying or loss of adhesion to base metal, we will 51st Annual Propeller Club Convention And 1977 American Merchant Marine Conference

Set For Galveston, Texas, Oct. 10, 11, 12, 13 And 14 "The American Merchant Ma- rine—Lifeline to Peace and Prog- ress" is the theme of the 51st

Annual National Convention of

The Propeller Club of the United

States and the 1977 American

Meeting, Holiday Inn; 9 a.m.,

Women's Propeller Club Meeting,

Holiday Inn; 9 a.m., Opening of the Convention—Welcomes: Wal- lace R. Hogan, general conven- tion co-chairman; William H.

Scene," the Honorable Richard J.

Daschbach, Chairman, Federal

Maritime Commission, Washing- ton, D.C.; "Conflicting Maritime

Policies and Regulations," Ernest

J. Corrado, Chief Counsel, Com- mittee on Merchant Marine and

Fisheries, U.S. House of Repre- sentatives, Washington, D.C.; "Expansion of Maritime Pro- motional Activities," Robert E. nf.n

Menton, general manager, Marine

Division, Exxon Company, U.S.A.,

Houston, Texas. Panelists: "Ma- rine Safety and Inspection Stand- ards in U.S. Waters," Adm. Owen

W. Siler, USCG, Commandant,

U.S. Coast Guard, Washington,

D.C.; "A Ship Pilot's View of Nav- igation Problems," Capt. Ernest

J. Clothier, president, American

Pilots Association, Washington,