Page 18: of Maritime Reporter Magazine (October 1999)

Marine Finance

LR Wins LNG Carrier Contract

Lloyd's Register (LR) was granted a contract to class the first two export

LNG carriers from Korea. The contract, with Hyundai Heavy Industries, Ulsan calls for two 138,000 cu. m. LNG Carri- ers under construction for Bonny Gas

Transport of Bermuda.

LR's surveyors and specialists in

Korea and LR's London headquarters will verify that the construction of the ships, cargo containment systems and all materials and critical components comply with LR's Rules for Ships for the Carriage of Liquefied Gases and the

IMO IGC Code. As part of an ongoing process, Lloyd's will also monitor the ship and cargo containment system pro- duction at HHI's Ulsan shipyard.

Main Particulars

Classification Lloyd's Register

Length (b.p.) 899 ft. (274 m)

Cargo capacity 138,000 cu. m.

Speed 20 knots

TmTTr* mm

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Recent Ship Sales

Type Name YB DWT $M

Bulker Moorland 1985 37,916 $7.30

Bulker Global Bridge 1985 23,500 $5.10

Bulker Great Concert 1977 16,488 $ 114/ldt

Bulker Yannis K 1972 27,170 $124/ldt

Bulker Elisa P 1968 82,445 $126/ldt

Bulker Georgios P 1968 82,325 $126/ldt

Bulker Gloria 1976 5,650 $99/ldt

Bulker Oriental Nova 1996 70,108 $18.20

Bulker Sea Success 1987 69,755 $9.80

Bulker Azusa 1994 45,210 $15.80

Bulker Fruition 1978 44,600

Bulker Devotion 1978 44,700 $9

Bulker Unison 1978 44,700 $9

Bulker Lautan Star 1993 69,616 $14.30

Bulker Chennai Nermai 1983 n/a $5.20

Bulker Stellar Venus 1986 69,611 $9.30

Bulker Western Rams 1983 45,575 $7.30

Bulker Great Glen 1981 27,139 $3.30

Bulker Prabhu Parvarti 1983 41,425 $6.35

Bulker Star Nitsa 1983 36,94 $6

Bulker Sea Winner 1997 28,426 $14.20

Bulker Dianne Green 1982 12,334 $3

Bulker Eiko Maru No.8 1992 5,400 $2.10

Bulker Glenita 1984 43,381 $8.30

Bulker Great Prize 1980 27,188 $3

Bulker Yvonne 1977 23,791 $1.7 (with SS recently passed.)

Bulker Ma Quan Hai 1985 41,400 $32 en bloc

Bulker Ma Shan Hai 1985 41,400 $32

Bulker Ma Long Hai 1984 41,400 $32

Bulker Ma Guan Hai 1984 41,400 $32

Bulker Pandias 1984 40,907 $8.20

Bulker Bugaz 1981 34,000 $3.50

Bulker MinaS 1982 25,530 $2

Bulker Vini 1977 15,200 $1.30

Bulker/ Monterrey 1989 41,828 $30.9

Container en bloc

B/C TMM Oaxaca 1988 41,828

B/C Morelos 1987 41,828

ContainershipAPL Emerald 1980 47,841 $9 (combined with 3-4 years imecharter back at $18,000 daily)

Containership APL Ivory 1980 47,841 $9 (combined with 3-4 years timecharter back at $18,000 daily)

General Lobo del Mar 1982 17,350 $1.75

Ore Taharoa 1978 128,636 $130/ldt

RoRo Island Comm. 1995 5,215 $25

Ro-Ro Bribir 1979 7,478 $1.10

Tanker Monte Rotondo 1969 n/a $70/ldt

Tanker Sarpindo 1979 16,319 $5.6

Primuda en bloc

Tanker Sarpindo Prib. 1979 16,319 $5.6

Tanker Sarpindo Palapal979 16,319 $5.6

Tanker Acila 1982 n/a $7.90

Tanker Leng 1986 10,628 $11.90

Tanker Sitara 1991 29,999 $24 en-bloc

Tanker Sininni 1991 29,999 $24

Tanker Seletar 1983 10,885 $3.50

Tanker Delos 1974 277,748 S130/ldt

Tanker Ascension 1976 60,810 $2.50

Tanker Sanko Paragon 1992 96,136 $19.20

Tanker St. Katherinen 1999 37,000 $27.5 (with 3 years (option of further 2 years) timecharter to

Oetker at $15,000 daily and $15,500 daily respectively)

Tanker Hawaiian King 1974 91,007 $126/ldt

Tanker Alandia Force 1976 155,500 $128/ldt

Tanker Mega Sun 1975 135,900 $129/ldt

Tanker Oceanic 1976 87,076 $129/ldt

Source: Recent Ship Sales courtesy of Shipping Intelli- gence, contact Sidney Levine @ tel: (212) 997-0966 &

Reuters

Get Ship Sales information EVERY WEEK - sub- scribe to MARITIME WEEK. E-mail: [email protected] for a FREE TRIAL COPY

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