Page 4: of Maritime Reporter Magazine (May 1995)

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Recent Ship Sales

This report, compiled by Shipping Intelligence, Inc., a New York maritime consulting firm, tracks sale prices of secondhand bulk carriers and tankers.

Date Vesiel iMMf'Sii Year D • Knee

Reported Name Type DWT Built (Mil) 4/04/95 Luzon Trader Bulker 11,270 78 2.9 3/20/95 Handy Sailor Bulker 16,325 75 2.4 3/27/95 Forum Papua Bulker 16,560 78 5.8

New Guinea 4/03/95 Negba Bulker 17,527 77 3.0 3/20/95 Kiwi Crown Bulker 18,612 87 9.0 4/11/95 Entrepreneur

Unibright

Bulker 18,795 77 3.7 4/11/95 Bulker 18,842 72 1.5 4/03/95 Okeanis Bulker 19,544 71 1.85 4/11/95 Asian Manila Bulker 19,764 86 9.25 4/03/95 Hua Feng Bulker 22,027 80 6.5 3/27/95 Anangel Fortune Bulker 22,670 74 2.8 4/11/95 Anangel Hope Bulker 22,670 74 3.0 3/27/95 J Michelle Bulker 23,509 85 11.25 4/11/95 Ken Spanker Bulker 23,934 80 6.150 4/03/95 Hemlock Queen Bulker 23,991 80 6.5 3/27/95 Poob Bulker 24,233 75 3.6 4/11/95 Yagara Bulker 25,906 72 6.15 3/27/95 Use Bulker 25,909 75 3.9 4/03/95 Singa Sun Bulker 26,586 75 4.6 4/03/95 Pel la Bulker 27,317 71 2.25 4/03/95 Handy Panther Bulker 22 "11"™' 89 3/27/95 Borg Bulker 26,160 82 3.6 4/03/95 Bar Bulker 29,000 86 10.0 4/03/95 Sanko Heritage Bulker 32,024 84 13.475 3/20/95 Crest 1 Bulker 34,072 82 11.5 4/11/95 Nichirin Bulker 34,520 85 13.75 3/27/95 RimbaMerbau Bulker 36,979 77 6.2 3/27/95 Fortune Peace Bulker 37,740 84 14.250 4/03/95 La Marquesa

Prince of Tokyo

Bulker 37,994 83 12.6 4/03/95 Bulker 41,515 74 4.6 3/20/95 Nordsund Bulker 42,842 85 17.2 4/03/95 Great Ocean Bulker 43,200 91 22.8 4/11/95 Guinomar Baraka Bulker 61,399 81 12.85 4/11/95 lolcos Bay Bulker 61,897 79 8.0 3/27/95 Marianne 1 Bulker 64,173 74 6.375 411/95 Imari Bulker 65,716 86 ' 17.0 3/20/95 Seabtrd Bulker 67,688 74 5.5 3/20/95 Yellow Amber Bulker 67,800 78 9.0 3/20/95 Nimrod Bulker 71,397 76 7.3 3/27/95 River Princess Bulker 114,645 75 1 5.1 4/11/95 Venanna Bulker 139,609 82 15.0 3/20/95 Creciente Bulker 152,065 90 33.5 4/11/95 Hawk Tanker 29,775 92 18.5 4/11/95 Dilos Tanker 31,100 72 2.25 3/20/95 Traveller Tanker 32,229 76 3.65 4/11/95 United Selma Tanker 81,351 87 28.0 4/03/95 Cathay Spirit Tanker 83,378 76 4.9 4/03/95 Neva Tanker 86,260 81 14.0 4/03/95 Aldebaran Tanker 89,569 85 22.5 3/20/95 Vytina Tanker 121,561 75 6,0

Ingalls Christens Destroyer Cole

DDG 67, eighth DDG 51 class Aegis guided missile destroyer built by Ingalls Shipbuilding

Div. of Litton Industries in Pascagoula, Miss., was launched on Feb. 10, 1995. The new ship was christened Cole in ceremonies on April 8, by

Mrs. Lee Perry, wife of U.S. Secretary of De- fense William J. Perry. DDG 67 is named in honor of Marine SergeantDarrell Samuel Cole (1920 - 1945). Sgt. Cole was posthumously awarded the Congressional Medal of Honor for his heroic actions during the Iwo Jima campaign in February 1945. DDG 67 is 505 ft. (154 m) long with a beam of 66 ft. (20.1 m) Four gas turbine engines will power the 8,600-ton ship to speeds in excess of 30 knots. Cole will join the U.S. Pacific

Fleet, homeported in San Diego, following com- missioning in 1996.

Four Ingalls-built Aegis destroyers have been delivered to the Navy, with three more sched- uled for 1995 delivery.

For more information on Ingalls

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Maritime Reporter/Engineering News