Page 57: of Maritime Reporter Magazine (September 1986)

Todd Shipyards Board Elects

Two Top Executives And

Reports Profitable Quarter

Todd Shipyards Corporation, headquartered in Jersey City, N.J., recently reported a profit- able fiscal 1987 first quarter and the appoint- ment of two Todd executives to top manage- ment positions. i n . ^

John T. Gilbride Jr. Hans K. Schaefer

Following the retirement of J.T. Gilbride chairman and chief executive officer, at a meet- ing held immediately following the annual shareholders meeting the board elected Hans

K. Schaefer, chairman and chief executive officer, and John T. Gilbride Jr., president and chief operating officer.

Mr. Gilbride, Todd's chairman since 1975, told shareholders "the non-recurring events of fiscal 1986, which resulted in a loss for the year, are now behind us." The large increase in sales this quarter compared with last year was attrib- utable to revenues from Todd's recently ac- quired Aro subsidiary, an international manu- facturer of air-powered tools and equipment, he said.

Looking to the future, Mr. Gilbride noted that Todd is "still fully committed to maintain- ing its leadership in the U.S. shipbuilding indus- try and is planning to capture an increasing share of future U.S. Navy business."

The company's plans for its second core busi- ness, Aro, are equally dynamic, he declared, not- ing that Todd's objective is to strengthen and improve Aro's worldwide competitive position through implementation of innovative sales, marketing, and manufacturing programs and the application of advanced technologies.

Mr. Shaefer, president and chief operating officer and a director since 1981, joined Todd in 1968 and became vice president and general manager of the Los Angeles Division of Todd

Pacific Shipyards Corporation in 1979. John T.

Gilbride Jr., a director since 1965 and vice president and general manager of the Seatlle

Division since 1979, also joined the company in 1968.

Todd Shipyards, one of the nation's leading independent shipbuilding and ship repair com- panies, operates yards in Seattle, San Francisco,

Los Angeles (San Pedro), and Galveston.

New Intertanko Publication 'Tanker Port Particulars 1986'

Is Now Available

Owners, brokers and charterers must know before fixing if the tanker is suitable for the ports concerned. Is the draft satisfactory? Any other restrictions regarding maximum length, beam or otherwise? And not least: what about reception facilities for ballast water and slops?

The second edition of Intertanko's handy

Tanker Port Particulars was issued in 1982.

Intertanko's Port Information Office has now prepared a revised edition. Several additional ports and terminals have been added, and infor- mation about ports and terminals has been upgraded. Furthermore, a great deal of addi- tional information is given regarding reception facilities for ballast water, slops etc.

By concentration on ports usually called at by tankers, the publication gives all key informa- tion required in a concentrated A4 publication of 80 pages. This makes it an excellent tool for owners, charterers, shipbrokers and, not least, ship masters.

Tanker Port Particulars 1986 is available from Intertanko, P.O. Box 1452 Vika, N-0116

Oslo 1, Norway. Telex 19751 itank n. Price $50 for members and subscribers; $100 for others.

The total cost of Installation,

Maintenance and Fuel consumption shows that

BEHDEN is the most favourable

I K alternative,

O BMV Bergen Diesel A.S

PO Box 924, N-5001 BERGEN, Norway

Tel (47 5) 19 00 00 Telex 4:: 735 bmvh-n

September, 1986 59

Circle 110 on Reader Service Card

FISH/SHRIMP CATCHING,

FREEZING AND REFRIGERATION

TRAWLER "12961 - 050 - 016'

Fishermen can: trawl for shrimp from both sides; • catch fish with bottom-drawn, differential-depth and twin trawl-nets; • dress shrimp and fish; • store deep- frozen or refrigerated products.

COMPLETE WITH A FISH-SEARCH SYSTEM. COMPLIES WITH

INTERNATIONAL CONVENTIONS FOR PREVENTION OF SHIP

COLLISION AND PREVENTION OF POLLUTION.

The ship boasts the The fish-processing following features: facility offers:

Displacement, tons 560 • three-ton

Refrigerated hold volume, m3 .100 under-deck hopper;

Main engine, kW 588 . fish.washing machine;

Cruising speed, knots 10.6

Cruising capacity, days 20 * glazing unit, conveyors;

Crew 19 • two freezers.

SPECIAL MODELS FOR TROPICAL CLIMATES. • R Supplier: V/O SUDOIMPORT, 10, t^HjIj* Uspenski Per., 103006 Moscow, USSR.

AIPHIP 251-05-05; Telephone: 299-02-14; 299-58-77;

Telex: 411272; 411387; 411443.

Circle 124 on Reader Service Card