Page 10: of Maritime Reporter Magazine (July 1992)

Stolt-Nielsen Adds

Two Inland Tankers;

Acquires Comex Services

Purchase Forms World's Largest Subsea Contracting Group

For Oil & Gas Industries

The M/T Stolt Mosel, built by Bayerische Schiffbau GmbH shipyard in Erlenbach, Germany, is one of five 2,100-dwt inland chemical I tankers designed by Stolt-Nielsen to transport bulk liquid along the Rhine .

The third and fourth in a series of five 2,100-dwt stainless steel chemi- cal tanker for the transport of bulk liquids along the Rhine River and its tributaries have been delivered to Stolt Stinnes. Stolt Stinnes, head- quartered in Duisburg, Germany, is a new tanker service formed by in- ternational bulk liquid transporta- tion company Stolt Tankers and

Terminals (Holdings) S.A. and

Stinnes Reederei AG, one of the larg- est operators of inland tankers in

Western Europe.

Designed by Stolt-Nielsen, these new ships, the M/T Stolt Mosel and

M/T Stolt Neckar, will join two Stolt, the Stolt Main and Stolt Maas, and four Stinnes vessels already in ser- vice, for a total of eight. One more inland tanker from each owner will enter service by early 1993.

The Stolt Mosel was built by

Bayerische Schiffbau GmbH ship- yard in Erlenbach, Germany, while the Stolt Neckar was delivered by the Scheepswerg Grave B.V. ship- yard in Grave, Holland.

The 282-foot, Caterpillar-powered double-hull tankers have stainless steel cargo tanks, each served by an individual deepwell pump. Eight cargo tanks provide a capacity of 2,080 m3 at 100 percent tankage.

The design for this series has many of the features usually found on much larger parcel tankers, providing maximum safety and environmen- tal protection. For example, besides their double hulls, the tankers have: insulated cargo/stripping/vapor lines with electric heat tracing; sepa- rate stripping pumps, with discharge lines to the manifold, minimizing cargo residues; an integral absorp- tion filter, installed to minimize emission of hazardous gases during loading; and stainless steel slop tanks.

In other company news, Stolt com- pleted the purchase of a Comex S.A. subsidiary, Comex Services S.A. One of the largest subsea engineering and construction companies in the world and in the forefront in innova- tive saturation diving, and the use of remotely operated divingvehicles,

Comex Services S.A. will be joined with the Stolt-Nielsen Seaway sub- sidiary to form Stolt Comex Sea- way. The new business will report- edly be the world's largest provider of marine and subsea construction and engineering services to the oil and gas industries with a strong presence in major non-U.S. offshore markets, especially the North Sea.

Founded in 1961, Comex Services

S.A., is headquartered in Marseille,

France.

Stolt-Nielsen Seaway is a major marine and subsea contractor to the oil and gas industry, specializing in the North Sea. It competitive ad- vantage is its modern fleet of ad- vanced diving support vessels.

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