Page 13: of Maritime Reporter Magazine (September 1986)

Stolt-Nielsen Ship

Management Moves To

Panama City, Fla.

Stolt-Nielsen Inc. has completed the move of its Ship Management

Department from Greenwich,

Conn., to Panama City, Fla. The company, a market leader in the worldwide parcel tanker trade, made the move to secure long term overhead cost savings to stay com- petitive with other ship managers operating internationally and to keep fleet management of Stolt

Tankers' owned tonnage "in house."

Stolt Tankers currently owns 29 oceangoing parcel tankers which will be managed from the Panama

City office. A 30th ship will be deliv- ered shortly. Stolt-Nielsen Ship

Management markets a full array of ship management services including crewing, purchasing and technical services to shipowners who can ben- efit from the company's expertise.

The selection of Bay County, Fla., for the new office followed a year- long study of several potential relo- cation sites in the U.S. and Europe.

Timothy G. Berkel, senior vice president and general manager of the Ship Management Department will head up the new office.

This move does not affect any of the other divisions of Stolt-Nielsen

Inc. Tanker marketing and cargo operations, terminals, tank contain- ers, transportation services and cor- porate finance will remain at the company's Greenwich, Conn., of- fices.

The address of the new Panama

City office is: Stolt-Nielsen Inc.,

Ship Management Department,

Balboa Building, 1000 West 15th

St., Panama City, Fla. 32406-5309; telephone: (904) 784-1299; telex:

RCA 235917 or Western Union 965944; and telecopier: (904) 784- 1503.

Conversion Of 'Monterey'

Underway At Dillingham

Shipyard In Portland

In what will eventually be a $30- million reconstruction of the former

Matson passenger liner Monterey into a luxury cruise ship, the vessel was towed from an anchorage in

Alameda, Calif., to Dillingham Ma- rine's shipyard in Portland, Ore., for drydocking and hull repairs.

Aloha Pacific Cruises, the compa- ny that is buying the ship from the

International Organization of Mas- ters, Mates and Pilots, plans to operate the renovated vessel on in- terisland cruises in Hawaii begin- ning in the summer of 1987.

Following her stay at the Dil- lingham yard, the Monterey is scheduled to go to the Tacoma

Boatbuilding yard in Tacoma,

Wash., for two months of super- structure work. This will be fol- lowed by additional months of re- furbishing of the interiors of Wartsi- la's Helsinki shipyard in Finland. As part of the overhaul, additional cab- ins will be added to increase the pas- senger capacity from 411 to 639.

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