NASSCO Awarded 5-Ship $239-Million Contract By American Tankships

American Tankships Inc., a wholly owned subsidiary of Ingram Corporation, New Orleans, La., has signed a final contract with National Steel and Shipbuilding Company (NASSCO), San Diego, Calif., for the construction of five 37,500-dwt U.S.-flag (Jones Act) product carriers, it was announced recently by Cyrus E. Webb, American Tankships president.

According to Mr. Webb, who is also vice president of Ingram Corporation, all five vessels will be built by NASSCO in its San Diego shipyard. The first vessel is scheduled for delivery in April 1982, with the remaining four vessels scheduled over the subse- Highest quality and unexcelled dependability have been hallmarks of all Hose-McCann equipment for over 30 years. Hose-McCann Signal and Alarm Panels are available for every shipboard application. Built to specifications and conforming to AIEE and U.S. Coast Guard regulations, these panels are manufactured in any size in flush or surface mounting types. With both builtin and separately mounted audible alarms, all units are designed for fast, easy installation.

quent three-year period. Cost of the first vessel is fixed at approximately $51 million, and the remaining four are at a base price of approximately $47 million each, subject to escalation.

The contract is subject to cancellation if American Tankships does not obtain a financing guarantee from the United States Maritime Administration by May 31, 1980.

In addition, American Tankships has the right under the contract to cancel any of the last four vessels up to stated dates between September 1980 and June 1982.

The vessels to be constructed by NASSCO represent a new class ship with an overall length of 658 feet, a beam of 90 feet, and a fully loaded draft at 36 feet. Mr. Webb also announced that each of the vessels will be powered by a Sulzer slow-speed diesel.

American Tankships is an integral part Navigation Light Panels • Engineers Signal and Alarm Panels • Diffuser Fan Alarm Panels • Single Circuit Alarms • Fuel Oil High Level Alarm • Wheelhouse Alarm • Burglar Alarms • Diesel- Lube Oil Pressure and High Water Temperature Indicators • Power Failure Alarms • Fire Alarms • Annunciators • Passenger Call Bell System of Ingram Corporation, New Orleans, a privately owned company with subsidiaries located throughout the United States and Europe. Activities of the corporation are principally energy related, including oil refining and marketing, pipeline construction, oil and gas exploration and the transportation of petroleum products.

Maritime Reporter Magazine, page 22, Jan 15, 1980

Read NASSCO Awarded 5-Ship $239-Million Contract By American Tankships in Pdf, Flash or Html5 edition of January 15, 1980 Maritime Reporter

Other stories from January 15, 1980 issue

Content

Maritime Reporter

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