Page 31: of Maritime Reporter Magazine (November 1978)

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from some 28 percent in 1977).

In terms of tanker demand, the fleet needed to transport U.S. crude trades is projected to be some 52 million dwt in 1980, and some 38 million dwt in 1985. The products carrier demand is seen as doubling from 9 million dwt in 1977 to 18 million dwt in 1980, and then increasing to 40 million dwt by 1985. It is evident that this change in the structure of

U.S. generated tanker demand could have a profound effect on the tanker market worldwide.

It has frequently been suggest- ed that U.S.-flag tankers should be guaranteed a share of the tank- er demand generated by U.S. oil imports. An examination of the supply of U.S.-flag tankers indi- cates that this fleet was some 11.5 million dwt at the end of 1977, and is likely to peak at some 15 million dwt in 1980 but remain above 14 million dwt up to 1985.

In terms of the tanker demand arising as a result of forecast

U.S. oil imports levels, this fleet represents between 18 percent and 21 percent of the total (but these figures do not show sep- arately U.S. coastal trades already reserved to U.S.-flag tonnage).

However, if tankers owned or held on long-term charter by U.S. com- panies operating under non-U.S. flags are taken into account, it is found that only in 1985 is there a deficit of U.S.-controlled ton- nage in relation to U.S.-generated tanker demand. Thus, given the introduction of some form of U.S. oil cargo preference, it seems cer- tain that there will be immediate pressure for the re-registration of non-U.S.-flag U.S.-owned tankers under U.S. flag. "U.S. Oil Imports, Policies and

Tanker Shipping," No. 66 in a se- ries of reports on various aspects of shipping prepared by the Re- search Division of HPD Shipping

Publications, 34 Brook Street,

Mayfair, London W1Y 2LL, Eng- land, is available at a single copy rate of U.S. $85 (all overseas or- ders) or £35 (U.K. only), or on a subscription basis U.S. $325 (all overseas orders) or £135 (U.K. only) for the series 61-70.

SCNO Barge Lines Names

Stan Kays To Southern

Fleeting Facilities

The relocation of Stan Kays, marine superintendent, SCNO

Barge Lines, Inc., from the Hart- ford, 111., fleet facilities to the

Luling, La., fleet and repair fa- cilities was recently announced by Frank R. Markland, president.

Mr. Kays's career in the river transportation business began in 1937, and for the past 11 years he has served as marine super- intendent for SCNO Barge Lines,

Inc.

In his new position at Luling,

Mr. Kays will be responsible for the repair and fleeting facilities in the Southern Division of SCNO.

November 1, 1978

Three R Trusts Requests

Title XI To Construct

Tug/Supply Vessel

Three R Trusts, Post Office Box 1168, Galveston, Texas, has ap- plied for a Title XI guarantee to aid in financing the construction of one twin-screw tug/supply ves- sel. The applicant, owner of three vessels, consists of trusts estab- lished by Robert L. Moody, 20

South Shore, National Bank Build- ing, Galveston, for the benefit of his children.

The applicant indicates the vessel will carry provisions and construction material to offshore drilling sites, and may operate in foreign and domestic commerce.

It will be 185 feet in length, with a beam of 38 feet, a depth of 14 feet, and a loaded draft of about 11 feet. Having a gross tonnage of less than 300, it will be pow- ered by two marine diesel engines rated at 1,250 horsepower each.

The estimated actual cost of the vessel is $2,437,500, of which 871/' percent, or approximately $2,100,000 is eligible for Title XI financing. Zigler Shipyards, Jen- nings, La., has been selected to build the vessel.

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LE HAVRE/ANTIFER (FRANCE)

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Telex: 190571 ©Copyright 1978

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Maritime Reporter

First published in 1881 Maritime Reporter is the world's largest audited circulation publication serving the global maritime industry.