Page 2: of Maritime Reporter Magazine (October 1983)

A TRADITION OF LEADERSHIP,

QUALITY & SERVICE SINCE 1927

NATIONAL

MARINE

SERVICE

For over 50 years, National

Marine Service Incorporated has served its industry, its nation, proudly. O ur professionals, whether a welder or mechanic in one of our shipyards, or the Captain of one of our modern towfooats, provide you with the same high quality skills and services today, that through the years have made National Marine

Service one of the leaders in the ever expanding marine industry.

Without question, customers of National

Marine Service will enjoy the same high quality skills and services... today and tomorrow

SHIPYARD

SERVICES

Hartford, IL (618)254-7451

Harvey, LA (504) 394-6230

Grafton, IL (618)254-7451

TRANSPORTATION

SERVICES

St. Louis, MO (314)968-2700

Houston, TX (713)688-1481

New Orleans, LA (504)394-6230

NATIONAL

MARINE

SERVICE

Incorporated

One of the NICOR basic energy companies

Write 741 on Reader Service Card

ON THE COVER

Grand Republic

Largest Addition To

McAllisters Brothers

Fleet Delivered

SEE PAGE 26

FishExpo 83 — A Preview —

SEE PAGE 14

American President Lines

Reorganization Approved

By Maritime Subsidy Board

The Maritime Subsidy Board has approved a "Plan and Agree- ment of Reorganization" provid- ing, among other things, for the formation of a new corporation as the owner of the subsidized Amer- ican President Lines, Ltd. (APL).

The new firm is American Pres- ident Companies, Ltd. (APC).

Under the plan, submitted to the board on behalf of APL last month, all capital stock in Nato- mas Transportation Co., the sole shareholder of APL, will be dis- tributed to APC, after which all capital stock in APC will be dis- tributed to the existing Natomas

Company shareholders.

The reorganization stems from the proposed purchase of Natomas by Diamond Shamrock Corp.

Huge Increase In

Shipbuilding Orders

For Japan Yards

New orders for Japanese ship- yards for the month of July in- creased dramatically (almost 500 percent) over the same month in 1982. A July orderbook value at around $888 million was recorded bringing the total backlog for Jap- anese yards to over 11 million gwt for the first time in two years, ac- cording to the Japan Ship Export- ers Association.

Maritime Protection A/S

Installs Washing Systems

On Texaco Tank Ships

Maritime Protection A/S, in

Norway recently completed the in- stallation of crude oil tank wash- ing systems, an inert gas system and a "Cargomaster Level Sys- tem" on the M/T Texaco Florida and accepted an order for a second system for the M/T Texaco Con- necticut. The combined orders amount to NOK 11 million.

MARITIME REPORTER and Engineering News

Editorial and Executive Offices 107 East 31st Street, New York, N.Y. 10016 (212) 689-3266

ITT Telex: 424768 MARINTI

PUBLISHERS

John E. O'Malley

Charles P. O'Malley

VICE PRESIDENT

John C. O'Malley

EDITORIAL DIRECTOR

Charles P. O'Malley

SENIOR EDITOR

Thomas H. Phillips

ASSOCIATE EDITOR

Kathleen Reagan

EDITORIAL COORDINATOR

Lillian Irvine

TECHNICAL EDITOR

L. Parke Adair, BSNA, PE

INTERNATIONAL EDITOR

Robin F. Burnett, MRINA, MNI,

London, England

BUSINESS MANAGER

John E. O'Malley

ADVERTISING SALES DIRECTOR

John C. O'Malley

ADVERTISING PRODUCTION MANAGER

Katherine St. Onge

ART DIRECTOR

Ellen Hemmer

CIRCULATION MANAGER

M. Sottile

SALES OFFICES

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Maritime Reporter & Engineering News 107 East 31st Street

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Houston, TX 77079

Telephone: (713) 870-0470

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Mr. Vittorio F. Negrone

Ediconsult Internazionale

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Telex: 211197 EDINT 1

Telephone: (010) 543.659-268.334-268.513

Scandinavia

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Ab Stephan R G Orn

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Telex: 33335 ORN S

Telephone: 0411-184 00

MARITIME REPORTER

AND

ENGINEERING NEWS

No. 19 (USPS 016-750) 107 EAST 31st STREET

NEW YORK, N.Y. 10016 (212)689-3266

Telex: MARINTI 424768

ESTABLISHED 1939

Maritime Reporter/Engineering News is published the 1st and 15th of each month by Maritime Activity Reports, Inc. Controlled Circu- lation postage paid at Waterbury, Connecticut 06701.

Postmaster send notification (Form 3579) regarding undeliverable magazines to Maritime Reporter/Engineering News, 107 East 31st

Street, New York, N.Y. 10016.

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VBPA

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Volume 45 4 Maritime Reporter/Engineering News