Page 11: of Maritime Reporter Magazine (July 1995)

i sell and transfer to Bahamian registry the 14,192-dwt ulk carrier Inger to Octavia Holdings S.A., Republic of nnama. The vessel was built in 1945 in Chester, Pa. The jssel is scheduled to be scrapped in July or August 1995.

MarAd has received an application from World City merica Inc., New York, N.Y., for a Title XI guarantee to aid financing the construction of one 250,000-gt, 6,200- issenger ship. The proposed builder is American Flagship instruction Consortium, c/o Centex Rooney Construction )., Ft. Lauderdale, Fla. The vessel is scheduled to be slivered in December 1998. The estimated guarantee

Tiount is for $1,067,000,000 of the total estimated actual >st of $1,219,428,500, with a loan term of 25 years.

MarAd has received an application from Compagnie ibiad De Navigation S.A.M., Monte Carlo, Monaco, for a lie XI guarantee to aid in financing the construction of two 500-dwt RoRo vessels. The shipbuilder is Dakota Creek dustries, Inc., Anacortes, Wash. The vessels are scheduled be delivered in September 1997 and March 1998. The timated guarantee amount is for 572,275,000 36,137,500 per vessel) of the total estimated actual cost $82,600,000 ($41,300,000 per vessel), with a loan rm of 25 years.

LPPLICATIONS APPROVED

MarAd has given approval to Alan L. Moore & Associates

New Orleans to sell the 1,174-gt barge Sea Piper to icder, C.A., a Venezuelan corporation. The barge will be insferred to Venezuelan registry. The barge was built in 77 in Belle River, La.

MarAd and the Maritime Subsidy Board have approved a quest from Lykes Bros. Steamship Co., Inc., to terminate i final subsidized voyages of the Margaret Lykes and arlotte Lykes in Karachi, Pakistan. The vessels are leduled to be sold on an as-is/where-is basis due to irket conditions.

Western Overseas, Inc., Sylvania, Ohio, has received rmission to sell the 11,891-gt cargo vessel John Lykes, i 10,954-gt Louise Lykes, and the 11,891-gt Ashley kes to Ruby Enterprises, Inc., a British corporation. The ;sels will be resold to Sanjay Steel Corporation, Kamdar iociates, and to Gupta Steel, all Indian partnerships. All the vessels will be transferred to St. Vincent and The enadines registry, for scrapping in India. The vessels were ill in 1960, 1965 and 1963, respectively. taptune International. Inc., Elk Grove Village, III., has eived approval to sell the 10,723-gt cargo vessel nevieve Lykes to Neter Navigation, S.A., for resale to 'a Steel, an Indian partnership, for scrapping in India. ! vessel was built in 1968.

Slobal Movible Offshore, Inc., Lafayette, La., has been en permission to sell and transfer to Vanuatu registry the 87-gt derrick barge Movible DB 2. The purchaser is bal International Vessels, Ltd., a Cayman Islands corpo- ion. The vessel was built in 1969.

Western Overseas, Inc., Sylvania, Ohio, has been given iroval to sell the 11,891 -gt cargo vessel James Lykes to iy Enterprises, Inc., a British Virgin Islands corporation. : vessel will be resold to Krishna Steel Rolling Mills Unit 2 (Ship Breaking), an Indian corporation, for scrapping ndia. The vessel was built in 1960.

Mai Marine Australia Inc., Houston, has received iroval to sell and transfer to Liberian registry the mobile ;hore drilling unit GlomarMain Pass III. The purchaser eadrill 88, Inc., a Delaware corporation, which will be uired by Dual Holding, Inc., also a Delaware corpora- i, but not a citizen of the United States within the ining of section 2 of the Shipping Act, 1916, as amended. 4,580-gt unit was built in 1982. easure Prospect AS, a Norwegian corporation, has been given approval to transfer ownership of the Bahamian drill- ing rig Treasure Prospect (ex-Penrod lb) to Wilrig Interna- tional AS, also a Norwegian corporation, without change in the Bahamian registry. • Dual 92, Inc., a Delaware corporation, has received approval to transfer 51 percent interest in the ownership of the Liberian drilling rig Dual Rig 92 (ex-Vanguard II) to Sime

Darby Drilling SND. BHD., a Malaysian corporation, without change in the Liberian registry. • Barge Lakewood, Inc., Grosse lie, Mich., has been given approval to sell the 4,402-gt cargo barge Lakewood to

International Marine Salvage Inc., a Canadian corporation, for scrapping in Canada. The vessel was built in 1903 in

Chicago.

MarAd Opens Florida Office

MarAd opened a marketing office in

Miami, Fla., to enhance its commu- nications with U.S. ocean carriers, exporters and importers. The new office is intended to improve Mar Ad's service to importers and exporters throughout Florida and to encour- age the use of U.S. vessels.Patricia

Burke has been named MarAd's trade specialist for Florida. Prior to joining MarAd, she was the Port of

Tampa's deputy port director for marketing services and also is expe- rienced in sales and marketing with

American carriers. The office is lo- cated in the U.S. Coast Guard Build- a u t o s h i p

Systems Corporation 403 - 611 Alexander Street

Vancouver, Canada VBA 1E1

Tel: (604) 254-4171

Fax: (604] 354-5171 • AMERICA3.

Offical Yacht Design Software 18 Autodesk.

Registered Application Developer

NAVAL ARCHITECTURE SOFTWARE WITH THE

SOPHISTICATION TO MATCH YOUR CREATIVE DESIGNS. • Design • Hydrostatics • Power & Resistance Ask for your free • Construction demo disk and catalog. Gain the

All with the superior user competitive edge. interface of Windows.

July, 1995 Circle 239 on Reader Service Card 13