MARITIME BRIEFS

MARITIME BRIEFS

BETHLEHEM STEEL GETS

RESERVE VESSEL PACTThe Maritime Administration awarded a $2.1 million contract for work on a reserve fleet vessel to Bethlehem Steel Corp.'s Baltimore Marine Division, Sparrows Point, Md.

The contract covers towing, activation and modification of the Flickertail State, a 16,300-deadweight-ton containership.

Dry-docking, hull painting, ballast tank cleaning, cargo equipment testing and modifications to maintain the vessel in ready reserve status are included in the contract.

The work is scheduled for completion in 60 calendar days.

TEST PERIOD EXTENDED

FOR SHIP CARGO GEAR

WASHINGTON - The Coast Guard will require owners of U.S. vessels to have their shipboard cargo equipment inspected and tested once every five years instead of the current four years.

A Coast Guard notice said the extra year will make U.S. rules "consistent with standards of many other countries" so that U.S. vessels will not be put at a competitive disadvantage by a requirement for more frequent inspections.

A 1979 International Labor Organization convention adopted a requirement that shipboard lifting appliances be tested at least once every five years, prompting many countries to extend the required testing interval and permit ships with five-year testing certification to operate in their ports.

The Coast Guard said a five-year testing interval may reduce the number of yearly tests by up to 20 percent, which would cut the total cost to all U.S. vessel owners by about $200,000 a year.

The rule takes effect June 25.

OVERSEAS SHIPHOLDING

TO PAY 12.5 CENTS DIVIDEND

NEW YORK - Shareholders of Overseas Shipholding Group Inc., a bulk and tanker shipping company, will receive a regular quarterly dividend of 12.5 cents a share, the company said Tuesday.

The dividend will be paid Aug. 24 to stockholders of record Aug. 1.