Page 2: of Maritime Reporter Magazine (July 15, 1978)

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Lockheed keeps Seattle's water links with Alaska in good repair

Tugs, barges, ferries, freighters, tank- ers, and other vessels that link Pacific

Coast ports and Alaska often face rough going. Knotty repair problems frequently result. Lockheed is your most convenient Northwest repair sta- tion. We'll take on your job, whether it's for emergency repairs, a quick prop job, a mod, or a conversion, ana get your vessel back in service in the least possible time. We have the facilities, and our people like challenges; so if you can get your vessel into Elliott Bay, we'll take it from there.

Call: (206) 292-5656 or cable LOCKSHIP!

SHIPBUILDING AND

CONSTRUCTION COMPANY 2929 16th AVE. S.W.

PHONE 206 292 5656

SEATTLE, WASH. 98134

CABLE LOCKSHIP 70-2

Mar Ad Approves Increase

For Liberty Bell Tugboats

Deputy Assistant Secretary

Samuel B. Nemirow has recon- firmed the March 9, 1976, ap- proval in principle of an applica- tion of Liberty Bell, Inc., New

Orleans, La., for a Title XI guar- antee to aid in financing the con- struction of two oceangoing tugboats, and has approved an in- crease in the actual cost of the vessels. Originally scheduled for delivery in 1977, the 7,000-hp oceangoing tugboats now are ex- pected to be delivered in June and

July 1979.

The maximum amount of the guaranteed obligations for the two vessels has been increased from $6,116,250 to $7,778,365.

This represents 87y2 percent of the estimated actual cost of the vessels. The vessels are designed to be used for marine construction purposes and have employment potential in the commercial ocean- towing business.

Modern Marine Power, Inc.,

Houma, La., will build the vessels.

Increased Cost Of

Tug/Supply Vessels

Approved By Mar Ad

The Deputy Assistant Secre- tary, U.S. Department of Com- merce, Maritime Administration, has approved increases in the ac- tual costs of three ocean tug/ supply vessels financed with the aid of Title XI mortgage guar- antees. The increases are the re- sult of construction delays, addi- tional escalation resulting from employee raises at the shipyard, and various changes, extras and owner-furnished items.

The three vessels—the Ocean

Fin, Ocean Tarpon, and Ocean

Bonita—are part of a group of eight being built for Ocean Ma- rine Services, Inc. Guarantee clos- ings already have been held for the other five vessels.

The maximum amount of the guaranteed obligations for the three tug/supply vessels has been increased by $2,198,014 to $14,- 132,337. That guarantee repre- sents 87y2 percent of the esti- mated actual cost of the vessels.

The shipowner has indicated that the vessels will be placed in operation off the East Coast of the United States. can COMET for MARINE

INSTRUMENTS • Pressure Gauges • Thermometers • Dial Thermometers • Cargo Tank Thermometers • Accessories & Fittings

ASHCROFT • DURO • JAY

MOELLER • PALMER

TAYLOR • WEKSLER

WESTON e U S AMTEK

Complete inventory for off-the-shelf service

COMET MARINE „ SUPPLY CO. 157 PERRY STREET, NEW YORK, N.Y. 10014 • TEL. (212) 675-8776 3 floating drydocks to 18,000 tons

Shipways to 100 x 700 feet • Piers to 1,100 feet

MARITIME

REPORTER

AND

ENGINEERING NEWS 107 EAST 31st STREET

NEW YORK, N.Y. IOOI6 (212) 689-3266, 3267, 3268, 3269

ESTABLISHED 1939

Maritime Reporter/Engineering News is published the 1st and 15th of each month by Maritime Activity Reports, Inc. Controlled

Circulation postage paid at Waterbury, Connecticut 06701.

Postmaster send notification (Form 3579) regarding undeliver- able magazines to Maritime Reporter/Engineering News, 107 East 31st Street, New York, N.Y. 10016.

Member

BPA

Business Publications

Audit of Circulation, Inc.

No. 14 Volume 40 4 Maritime Reporter/Engineering News

PACMAR

Full Followup Proportional

Steering System

Pacific Marine Products, Inc.

P.O. Box 11

Kenmore,WA 98028 (206)789-0660

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First published in 1881 Maritime Reporter is the world's largest audited circulation publication serving the global maritime industry.