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Rebuilding Four Vessels for American Scantic Line Contracts have been awarded the New York Shipbuilding Co., Camden, N. J., for the rebuilding of four of the 11 vessels of the American Scantic line. The steamers Brrp Ciry, CHICKA- SAW, SCHENECTADY and SAGAUCHE will be rebuilt, the work including the in- stallation of entirely new accommoda- tions for 72 passengers. The accom- modations, to be amidships, wil, in ad- dition to the passengers, house a doc- tor, steward, hospital, ship’s officers and public rooms. The total cost of reconstruction will be $1,360,000, three-quarters of which has been loaned to ‘the steamship company by the United States ship- ping board under provisions of the Jones-White shipping act of 1928. The work on the four liners will be completed within the next six months, the steamer Birp City, the first of the ships to go to the shipyard, re-entering service on June 9, and will be fol- lowed by the other three every two week thereafter. The cargo space also will be en- larged and will include a number of cold storage compartments. Officers’ and crew’s quarters will be enlarged and improved, as will the navigation spaces, with great improvements also being effected on the ship’s bridge, where every modern device for the safety of navigation, including a gyro- compass, automatic steering gear and fathometer, will be installed. The public rooms will include a large sun deck, inclosed promenade dack, a lounge, writing room, social hall, smoking room and a _ spacious dining room with a seating capacity for the entire passenger list. All of the passengers’ rooms will have private baths with hot and cold fresh and sea water. They will be of modernistic design and generally provide for two in a room. Four large windows will open directly to the sea. Additional cargo space has been pro- vided by the erection of a shelter deck, which, in addition to providing more freight space, increases the freeboard of the vessels, making them comply with the international rules for safety of life at sea. The refrigerated space will be lo- cated in three of the ship’s holds and will be fitted especially to carry citrus fruit eastbound and products requir- ing heavy freezing westbound. This is an entirely new departure for ves- sels in the Baltic trade as little re- frigerated cargo now moves to the ports served by the American Scantic line. Board Combines Services To Effect Economies The Oriole line, a shipping board freight service operating between North Atlantic ports and west coast United Kingdom and Irish ports, will be combined with the American Hampton Roads line, also a_ ship- ping board service operating from North Atlantic ports to London and other East coast United Kingdcm ports. The combined services will be managed and operated by the Southgate-Nelson Co., present op- erator of the American Hampton Roads line. The trade names “Oriole Line,’’ “American Hampton Roads Line,’ as well as a portion of the ‘‘Yankee Line,” all three of which are under | the management of the Southgate- Nelson Co., will be continued under the combined services. Adequate and frequent service between North Atlantic ports, including Halifax, N. 8., and St. Johns, N. B., and Unit- ed Kingdom and Irish ports will be provided. Build Ship Signal Towers Construction of two signal towers to control ship traffic in the Port of New Orleans during high river stages is to be effected immediately through joint co-operation of the Crescent River Pilots’ association and the board of port commissioners. The towers are to be erected on top of the Barracks street wharf and the South Pacific wharf in Gretna. They will be 47 feet high, topped with glass enclosed cages. German Line Receives Government Aid The German cabinet on March 19 approved a plan for relief of German shipping which includes the pooling of resources of the North German Lloyd and the Hamburg American lines under a joint board of directors. The cabinet approved the estab- lishment of a guaranty fund of 77,- 000,000 marks for shipping, and the two big passenger lines will be the chief beneficiaries. Tramp steamers will receive 7,000,000 marks in aid. The fund is to be available in guar- anty loans, which the shipping com- panies will obtain from bankers. The North German Lloyd and Hamburg American lines have been partners since 1930 in a working al- liance and the new plan will bring them still closer, although no actual merger will take place. Supervisory boards of both companies will be composed of the same members. A thorough financial reconstruction of both companies will be effected, as well as extensive subsidies and guar- anties with which the Reich authori- ties hope to tide German shipping over the -present crisis. A plan has been drawn up which will radically reduce the capital stock of both companies so that 10 original shares will in the future represent only three shares. The present capi- tal of the Hamburg-American line amounts to about 160,000,000 marks and that of the North German Lloyd to 165,000,000 marks. The sharp curtailing in stock is considered suf- ficient to write down the assets, es- pecially of the. boats, in accordance with the present abnormal values. A credit of 26,000,000 marks re- cently granted the Hamburg and North German Lloyd by the banking consortium, due on March 31, will not only be prolonged and guaran- teed by the Reich but the banks will extend another loan of the same amount which likewise is to be guar- anteed by the Reich, this bringing the total to 52,000,000 marks. The two lines will receive a fur- ther subsidy of 20,000,000 marks for ship-breaking purposes. —eeeeeeeeeeeeeeeeeeeeee“Q=oQQQ@gggeeeeee aaa aaoaoaoawow__(( —>—SsSsSsSsS ES Bunker Prices At New York At Philadelphia Coal Fuel oil Diesel engine _ Coal Fuel oil alongside alongside oil alongside trimin bunk alongside per ton per barrel per gallon per ton per barrel Mar. 18, 1932.4.50@5.00 65 32 Mar. 18, 1932.4.50@5.00 65 Beeb Sis 4.5005 .00 .65 325 Febl8. os: 4.50@5.90 75 an. 18 ..4.50@5.00 65 3,25 Jan. 18 4.50@5.00 Pale De 1 eR aes 4.50@5.00 65 3.25 Dec. 18; os. .50@5.00 BE) Nov. 18...... 4.50@5.00 65 3.25 Nov. 18 55a 4.50@5.00 ues Oct. 18 4.75@5.00 65 3:25 Oct. 18 .-4.75@5.00 25 Sept, 18,..... 4.75@5.00 75 3.4714 Sept: 18,0... 3% 4.75@5.00 715 Aug. 18.2... .75@5.00 75 3.47% Ang. P8assie. 4.75@5.00 eo July 18. 32 35s 4.75 @5.00 85 3.72% July 18 . 4.75 @5.00 -85 June l8...... 4.85@5.25 .90 3.8414 Pune TR. ces 4.85@5.25 .90 May 18, 1931.4.85@5.25 1.00 4.08 May 18, 1931.4.85@5.25 1.00 Diesel engine oil alongside per Other Ports Boston, coal, per ton.. $7.60 Boston, oil, f. a. s., per gallon bearer ee a es A 0.74 3.21 Hampton Roads,coal,per 3.45 ton, f.o.b..piers$3.85 to $4.00 3.45 Mar. 9—Cardiff, coal, 3.45 DER COR or ena 138 6d 3.45 London, coal, per ton... —s —d 3.45 Antwerp, coal per ton.. 20s 6d 3.45 Antwerp, Fuel oil, per ton. 67s 6d 3.45 Antwerp, Diesel oil, per 3.70 ; MOR se ere oe 82s 6d 3.20 British ports, Fuel oil ..67s 6d 4.4 British ports, Diesel oil. 82s 6d OOOO YY MARINE REview—April, 1932