Page 7: of Maritime Reporter Magazine (September 15, 1978)

Equitable To Construct

Second Floating Drydock

For Allied Shipyard, Inc.

Equitable Shipyards, Inc. has been awarded a contract by Al- lied Shipyard, Inc. of Larose, La., for the construction of a second floating drydock of 1,000-Iong-ton capacity. The new drydock will be identical to one built by Equi- table for Allied Shipyard, Inc. in 1971.

The 125-foot by 60-foot by 22- foot drydock will be constructed in Equitable's Madisonville, La.,

Facility and is scheduled for com- pletion in December 1978. When completed, it will be towed to

Allied's shipyard located on the

Intracoastal Waterway at Larose.

The drydock will be used both for repair work and for launching newly constructed vessels, and is an integral part of an overall ex- pansion plan being undertaken by

Allied.

Newfoundland Headed

For Major Economic

Advances In 1980s

With oil and gas reserves equal to the North Sea, a commercial fishing industry expected to triple in size, huge mineral deposits, and extensive hydro-power potential, "the 1980s will be the decade that belongs to Newfoundland and Lab- rador," according to a new publi- cation, "Newfoundland Opportu- nity."

The 16-page color publication, issued by the provincial Depart- ment of Industrial Development,

St. John's, Newfoundland, Can- ada, welcomes outside investors, saying: "What we need is invest- ment capital, because with just 562,000 people in a province that covers 144,000 square miles, local financial resources are obviously limited."

The new publication ticks off these resource-based opportu- nities :

Offshore oil and gas reserves calculated at one-quarter of Can- ada's potential. Potential for a storage and transshipment termi- nal at Bell Island in a former iron mine that can hold up to 90 mil- lion barrels of oil at one-fifth the cost of conventional tank storage.

With the value of Newfound- land fish landings expected to triple by 1985 to $200 million, along with a fivefold increase in export value, investment oppor- tunities are emerging for second- ary processing operations, such as canning, breading, smoking and vacuum packaging.

Mining is already an $846 mil- lion industry in Newfoundland, but the surface has already been scratched. There are approxi- mately 2,500 mineral deposits and occurrences, including copper, lead, gold, zinc, silver, gypsum, limestone, cadium, barium, silica, asbestos, pyrophyllite, iron, as

September 15, 1978 9 well as stone, clay, sand, and gravel.

Hydro-power potential is im- mense, particularly in the Lower

Churchhill River in Labrador, where over $78 million has al- ready been spent toward a hydro- power project that will add 1,800 megawatts and cost approximate- ly $2.3 billion when completed.

Newfoundland is rich in for- estry lands. Waiting for profit- able development are 75 million acres of productive forest land, including enough timber for a sustainable annual cut of 2.6 mil- lion cords of softwood and 100,- 000 cords of hardwood. The for- estry industry is already sizeable.

In 1978, Newfoundland newsprint exports are expected to be worth $158 million, and the industry as a whole has a $72-million annual payroll.

Investment opportunities await the secondary industry manufac- turer. Currently produced are a number of high technology prod- ucts— footwear, food products, cement, steel products, contain- ers, paints, varnishes, wallboard, chemicals, and boats ranging from small craft to giant trawlers, and oil supply vessels.

For a copy of the new publica- tion, write Dept. DCI-Newfound- land Opportunity, Suite 2100, 733

Third Avenue, New York, N.Y. 10017.

MARINE DIVISION 110 Norfolk Street, Wolpole, Mass. 02081, (617) 668-%10

We're introducing a new product backed by over 30 years' experience.

Bird-Johnson Company is known to U.S. shipbuilders and owners as a leading supplier of controllable pitch propellers and thrusters. We've now expanded our product line to in- clude SKF OK couplings. Thus, the domestic market can buy direct from a U.S. distributor with 20 years' hands-on ex- pertise in marine propulsion systems.

SKF Steel, in turn, is well known to the international ship- building industry. The hydraulically-mounted OK coupling has been manufactured since 1945. Its performance and reliability have been tested time and time again... from tugs to supertankers.

As such, B-JCo and SKF offer over 30 years' experience in meeting marine industry needs. However, having a working knowledge of the product and how to apply it, is only part of our story. We also offer some real operating and economic advantages to the shipbuilder and owner.

The OK coupling is simple.

It consists of only four parts —an inner sleeve, outer sleeve and ring nut, all made of high quality steel, plus one seal.

To install the coupling, pressurized oil is injected between the inner and outer sleeves. When the oil is released, both sleeves lock into position and compress against the shaft.

To remove the coupling, this procedure is simply reversed.

The OK coupling saves time, space and money.

Unlike conventional couplings, the OK-type requires no keys or fitted bolts. This minimizes labor hours and costs when mounting and demounting the coupling. It also reduces down- time and related expenses for periodic survey inspections.

Size for size, the OK coupling saves space since large diameter flanges are not required. In addition, it's designed to transmit more torque than conventional types of compar- able size.

The OK coupling is built for durability and strength.

Keys, which can be subject to fretting, wear and deformity when exposed to varying shock and reversing loads, aren't needed. The development of shaft cracks, caused by stress concentrations at the keyway, are eliminated.

A detailed brochure of the OK coupling is available from

Bird-Johnson. Our new brochure tells you how it functions, outlines its economic advantages and describes the broad range of sizes available. To get your copy, just fill in the coupon below. | Please send me your new brochure on SKF OK couplings.

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I Company

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MR/9/78 |