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USP&I adjuster Joe Stapleton. s a former ships master a th over 20 yea's maritime experience
Choose USP&I for more efficient claims handling.
Most USP&I adjusters are former ships officers with extensive maritime backgrounds
They are abreast of the lastest advances in marine transport and changes in maritime law. They can evaluate an exposure promptly and accurately— often saving the cost of legal services and drawn out litigation.
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ON THE
COVER
Canadian Offshore
Resources Exposition —Preview—
PAGE 44
A.S.N.E. Fall
Symposium —Naval Ship Maintenance & Modernization/Affordability—
PAGE 22
Third International
Symposium On
Marine Salvage
PAGE 16
House Passes $250-Million
Shipbuilding Subsidy
Authorization Bill
The U.S. House of Representa- tives recently passed by voice vote a special subsidy bill (HR-5220) that would authorize the appropriation of $250 million "to protect the na- tional defense shipyards of the
United States" by helping to build ships domestically.
The legislation would authorize the appropriation of $200 million in "shipyard incentive payments" of not more than 50 percent of the price to construct a commercial vessel in a U.S. yard, to be paid to the shipyard submitting the lowest bid. It would also authorize $50 million to finance the purchase of commercially obsolete vessels by the Secretary of Transportation for inclusion in the National Defense
Reserve Fleet.
The new ships would be built for the government's account and then either chartered or sold to private operators for operation in U.S. for- eign trade.
The bill is subject to Senate pas- sage. Actual appropriation of the money will depend upon passage of a separate spending bill.
Gibbs & Cox Firm Awarded $30-Million Navy Contract
For Design Agent Services
Gibbs & Cox Inc., naval architects and marine engineers of New York
City, has been awarded a $30,518,837 cost-plus-fixed-fee
Navy contract for class design agent services for the FFG-7 Class guided- missile frigate construction pro- gram. The Naval Sea Systems Com- mand is the contracting activity.
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No. 18 Volume 46 ALL MATERIAL FOR EDITORIAL CONSIDERATION SHOULD BE ADDRESSED TO ROBERT WARE. EDITOR. 4 Maritime Reporter/Engineering News