Page 4: of Maritime Reporter Magazine (June 15, 1981)

General Ship Expands Its

Facilities In South Boston

The General Ship Corporation of East Bos- ton is expanding to a second major facility at EDIC/Boston's Boston Marine Industrial

Park in South Boston, Mayor Kevin H.

White announced recently. The corporation is making this significant new commitment to Boston's industry by taking a 10-year lease, with a three-year option to extend, on a 21-acre site that includes administra- tive and industrial buildings and the park's 675-foot drydock. "The General Ship lease represents an ex- pansion of industry in Boston Harbor and an investment that will be turned into good paying jobs for skilled labor," Mayor White said. The Boston Marine Industrial Park is one of three industrial parks in the city owned and operated by the Economic Devel- opment and Industrial Corporation of Boston (EDIC/Boston), the city's lead agency for industrial development.

Brian F. Dacey, director of EDIC/Boston, noted that General Ship's lease has an un- usual feature — a local employment incen- tive. Under this incentive, General Ship's rent will decrease by one percentage point, to a maximum of a 15 percent reduction, for each percentage of local employment above 50 percent. This is in addition to an agree- ment to eventually employ Boston residents in 50 percent of the jobs at the facilities.

General Ship will initially spend $150,000 to install many improvements to maintain it as a first class ship repair facility. Mr.

Dacey noted that this investment is a fur- ther indication of General Ship's commit- ment to the Port of Boston, and its appre-

Discussing the final lease arrangements between the

Economic Development and Industrial Corporation of

Boston (EDIC/Boston) and the General Ship Corpora- tion are (L to R): Keith A. Brown, executive vice presi- dent and treasurer of General Ship Corporation; Brian

F. Dacey, director of EDIC/Boston; and James Harvie, president and chief executive officer of General Ship.

In background is the U.S.N.S. Observation Island, which is being serviced at the corporation's newly leased facilities. ciation of the unique Boston Marine Indus- trial Park facilities, which include berthing facilities for ship crews.

The General Ship Corporation has been building and repairing ships since 1932.

Over the past four years, the firm's major activity has been the overhaul and repair of complex U.S. Navy vessels. During this pe- riod, the company has employed an average of more than 200 persons, and has had an- nual sales averaging in excess of $11 million.

Ownership of the company has recently passed from the decendants of the founder to a group of private investors headed by

Arnold L. Mende, president of the Genesis

Group of Waltham. Mr. Mende is chairman of the board. Operating principals include

James Harvie, president and chief execu- tive officer, and Keith A. Brown, executive vice president and treasurer. Both were for- merly with Bath Iron Works Corporation.

National Marine Service

Adds Sixth Drydock

At Its Harvey Shipyard

As the first in a series of planned improve- ments, a new 160-foot drydock (shown above) has been launched at the National Marine

Service shipyard in Harvey, La. Located at the junction of the Harvey and Algiers Can- als, the yard, formerly known as the Wall

Shipyard, was acquired by National Marine earlier this year. The new drydock is the sixth at the shipyard. It will be used for boat and barge repairs.

According to Glen Fornell, general man- ager of NMS shipyard operations in New Or- leans, the planned improvements for the months ahead include the dredging of the bayou channel, permitting deeper draft work- boats and towboats to come to the yard for repairs; the rehabilitation of the yard's bulk- heads on the bayou channel; the modification of two existing drydocks to handle larger barges and boats; and the improvement of the gas-freeing facilities located at the junc- tion of the Harvey and Algiers Canals.

National Marine Service Incorporated is headquartered in St. Louis.

Maritime Reporter/Engineering News

ASTILLER0S UNID0S

DE VERACRUZ, S.A. MEXICO

AUVER 374,000 sq.m. ship repair center on the Gulf of Mexico coast line combines the established skills of the workforce with modern machinery, equipment and methods to offer highest efficiency and quality in all ship repair work. .. rv i rVwj

AUVER FACILITIES • Two drydocks up to 10,000 dwt. cap. • One floating dock up to 45,000 dwt. cap. • Dockside and floating cranes up to 45 tons lift. •26,000 sq.m. of covered workshops

Steel. Machine, Mechanical, etc.

SAN JUAN DE ULUA VERACRUZ VER. MEXICO

TEL. (293) 453 89, 45967/TLX: 015-849 AVSAME

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This announcement appears as a matter of record only. $12,000,000

ML Barge Pool III Partners

United States Government Guaranteed

Ship Financing Bonds, Series A, B and C

We have arranged this financing.

WARBURG PARIBAS BECKER

INCORPORATED

A. G. BECKER INCORPORATED

May 1981

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