A m e r i c a n T r a d i n g Asks T i t l e X I For Six Tankers C o s t i n g $ 4 0 8 M i l l i on

A proposal to c o n s t r u c t six 50,000-dwt oil tankers has been announced by American Trading and Transportation Company of New York City. Through individual subsidiaries designated Attransco T a n k e r C o r p o r a t i o n I through VI, American Trading has requested Title XI construc- tion loan and mortgage insurance f r om the Maritime Administration.

National Steel and Shipbuilding Company of San Diego is the proposed builder of the diesel-powered vessels, which have a total estimated cost of $408 million.

Delivery of the first ship would be scheduled f o r September 1982, the second and third by the end of November 1982, and March 31, 1983; delivery of the last three has not been indicated.

Maritime Reporter Magazine, page 6,  May 1980 C.N. Watson

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