Page 3rd Cover: of Maritime Reporter Magazine (March 1986)

Coastal Corporation Purchase

Of Texaco Terminal And Pipeline Interest

Expands Market For Belcher Oil

The Coastal Corporation, Hous- ton, Texas, recently completed the purchase of five Texaco marketing terminals and Texaco's interest in a refined products pipeline, signifi- cantly expanding the geographic coverage of its Belcher Oil market- ing subsidiaries. Coastal's Belcher

Oil subsidiaries are major distribu- tors of petroleum products on the

Eastern Seaboard and Gulf Coast.

The Texaco terminals, which have total storage capacity of 3.8 million barrels of refined products, include a deepwater terminal in

South Boston. Other terminals are located in Binghampton and New- burgh, N.Y.; Chelsea, Mass., and

Jacksonville, Fla.

The refined products pipeline is used to move refined products from

Coastal's Eagle Point, N.J., refinery to new Belcher markets in Pennsyl- vania. Coastal has purchased Texa- co's 33.9 percent interest in the pipeline.

The purchase greatly improves

Belcher's competitive position in serving new and existing customers in the Northeastern states and Flo- rida. Last year, Belcher marketed over four billion gallons of products through 54 terminals on the East and Gulf Coasts.

Coastal said purchase of the Tex- aco assets was arranged in May 1985 and definitive agreements were exe- cuted in September. Transfer of the assets was finalized in mid-January.

The purchase price was not dis- closed.

The Coastal Corporation, a diver- sified company headquartered in

Houston, has assets of $7.5 billion and principal operations in natural gas pipelines, oil and gas explora- tion and production, refining and marketing, coal and trucking.

Big Heavy-Lift Cargo Carrier

Delivered By Hitachi Zosen

The 21,183-dwt heavy-lift cargo carrier Alps Maru was completed recently at Hitachi Zosen's Maizuru

Works and delivered to co-owners

Mitsui O.S.K. Lines and Baba-

Daiko Steamship Company.

The new ship has an overall length of 475.7 feet, beam of 87.9

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Circle 195 on Reader Service Card

OFFSHORE BOAT

SPECIFICATIONS

Complete Information On Offshore Fleets

DATA SERVICE 56

Telephone (409) 569-0375

P.O. Box 2576 • Nacogdoches, TX 75963-2576

Circle 109 on Reader Service Card feet, depth of 45.3 feet, and full-load draft of 31.2 feet. Main propulsion is provided by a low-speed Hitachi/

B&W diesel with a maximum con- tinuous output of 8,750 bhp at 133 rpm. Trial speed was 16.5 knots.

The cargo area is divided into two long holds for loading long plant equipment and rolling stock. There are one 400-ton and two 30-ton cranes at midship, and one 50-ton crane each at the forward and aft end of the cargo holds. The deck- house is eight levels high to provide good forward visibility, and is asym- metric to provide a storage space for the aft crane.

Tulewicz Promoted

To Operations Manager

At Curtis Bay Towing

Frank S. Tulewicz was pro- moted to operations manager for

Curtis Bay Towing Company of

Pennsylvania, according to an an- nouncement made by Malcolm W.

MacLeod, president.

Mr. Tulewicz joined Curtis Bay

Towing Company in 1951 at the company's ship repair facility lo- cated on Delaware Avenue. After a tour of duty with the United States

Air Force during the Korean War,

Mr. Tulewicz returned to Curtis

Bay. In 1961 he was promoted to dispatcher and then chief dispatch- er in 1964. In January 1985, he was again promoted to assistant operat- ing manager.

Curtis Bay operates transporta- tion and marine towage services in the mid-Atlantic.

MarAd Awards $288,388 Repair Contract

To B & A Marine Co., Inc.

The Maritime Administration has awarded a $288,388 contract to

B & A Marine Co., Inc. of Brooklyn,

N.Y., for maintenance and repairs to the Patriot State, school ship of the Massachusetts Maritime Acade- my at Buzzards Bay, Mass.

The work includes repairs re- quired under regulations of the U.S.

Coast Guard and American Bureau of Shipping. It will be performed at the vessel's berth at the academy pier and is scheduled to be com- pleted in 40 working days.

Maritime Reporter/Engineering News