, New Iberia, La., is the proposed builder. The inland bay and shallow coastal waters drilling barges are intended to be operated on the United States Gulf Coast. The actual cost of the four vessels is $44,000,000. If approved, the Title XI guar- antee would cover 75 percent of that amount. $10
Administration for subsidy to cover the construction of two liquefied natural gas (LNG) carriers to bring fuel from Trinidad to the United States Gulf Coast. The ships are to be equipped with the first U.S.-developed LNG containment system. Provision is made for the Gov- ernment of Trinidad
from which the Seabee system will draw cargo in the United States and Europe. This will in- clude the port and hinterland areas of the United States Gulf Coast, the European con- tinent and the United Kingdom. Members of the Lykes Seabee team are working in joint effort with the various United