Page 7: of Maritime Reporter Magazine (January 1998)

MTW Delivers First Of Five

Ice-Breaking Tankers

Russia's LUKoil shipping opera- tion has taken delivery of its first ice-breaking tanker to deliver oil to northern regions of Russia. The tanker, designed for carrying crude and oil products in the Arctic, has seven double-hulled holds and a capacity of 16,000 tons, the compa- ny said. At a speed of two knots it can break a layer of ice up to 40 cm thick. The ship, which was built by

German shipyard MTW

Schiffswerft GmbH, has been named Perm after the Russian city.

A second ice breaking tanker will be delivered by the yard in

February 1998. The company has ordered five tankers from the

Wismar-based shipbuilder, with the last vessel scheduled for deliv- ery before the end of 1999. The

Admiralty shipyard in St.

Petersburg has also contracted to build another three ice-breaking tankers for LUKoil with the first likely to be ready by 2000.

KT&T Sells Ships, Looks For

New Tonnage

Keppel Telecommunications &

Transportation Ltd. (Keppel T&T) said that it had sold two vessels for about $21 million. The vessels,

Steamers Fervour and Steamers

Faith, were reportedly sold to

Irano-Hind Shipping Company, a joint venture between the Islamic

Republic of Iran Shipping Lines and state-owned Shipping

Corporation of India. The sale would provide additional resources for the company's plans to acquire other types of ships, Keppel T&T said. "We are looking at growing our tanker business," divisional director Yong Chee Min. After the sale, Keppel T&T now has 13 vessels in its fleet. It is building six container ships in China, the first of which is due for delivery in

January, 1998.

Conerj Privatization To

Commence Soon

The privatization of Rio de

Janeiro's Conerj ferry operation is set for Jan. 30. The state will offer 90 percent of the company's voting capital, or 1.04 billion shares, at a closed-envelope auction for a base price of 26.4 million reais, it said in a statement. Coneij employees will be allowed to buy the remain- ing 10 percent of the shares for 1.988 million reais, it added.

Conerj operates ferries between

Rio de Janeiro and Niteroi, carry- ing between 75,000 and 85,000 passengers a month. . • • r m r

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