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New Astilleros Yard Building First 8 Ships To Lloyd's Register The first eight ships to be built at Astilleros Espanoles S.A.'s new Ca- diz yard, scheduled for completion in 1975, will all be Lloyd's Register class. They include six 260,000-dwt tankers and two 410,000-dwt tankers, all for Spanish owners. The two lar- ger ships are the first tankers ordered by a new Spanish company, Naviera Abasotas S.A. The machinery for the 260,000 dwt tankers will be 36,000-shp steam tur- bines to be made by AESA, Bilbao, under GE license. The 410,000-dwt ships will have 48,000-shp steam tur- bines manufactured at the same plant under Stal-Laval license. The new shipyard is being built around the Matagorda Works near Puerto Real in the Bay of Cadiz. The building dock will be 525 meters long and 100 meters wide, and the total area of the yard will exceed 1,000,000 square meters. Continuous flow building capacity will enable six 200,000-dwt, or four 350,000-dwt ships to be produced annually, but the shipyard arrangements are flexi- ble enough to enable the construction of vessels up to 1,000,000 dwt to be undertaken. Delivery dates for the 260,000-dwt tankers range from the end of 1975 to the third quarter of 1977. For the two 410,000-dwt ships, delivery dates are quoted as mid-1977 and the end of 1977. Interstate Oil Asks Title XI For 11 Vessels To Be Built By SBA The Maritime Administration has received a Title XI application from Interstate Oil Transport Co., Wil- mington, Del. for the acquisition of $13 million worth of tugs and barges for coastwise petroleum carriage. Construction loan and mortgage insurance is being sought for the fol- lowing: four barges, costing about $750,000 each, with a capacity of 35,000 barrels; two barges, costing about $1,753,000 each, with a capa- city of 70,000 barrels; one barge, costing about $3,154,000, with a ca- pacity of 160,000 barrels; two 3,200- hp oceangoing tugs at approximately $960,000 each, and two 2,850-hp coastwise tugs at about $777,000 each. SBA Shipyard, Jennings, La. 705- 46, will construct the vessels. Taiwan Yard To Build Four Tankers For GATX At $280-Million Cost General American Transporta- tion Corp. (GATX), Chicago, 111., has announced that its subsidiaries have ordered four new ultra large crude carriers to be constructed in Taiwan at a cost of approximately $70 million each. T.M. Thompson, GATX chair- man, and C.Y. Chen, chairman of GATX's subsidiary, Marine Trans- port Lines, Inc., said the four 445,- 300 deadweight-long-ton oil carri- ers will 'be chartered 'by four sub- sidiaries of GATX Oswego Corpo- ration to a major oil company under long-term charters. The carriers will be constructed by China Shipbuilding Corp. at Kaohsiung, Taiwan, from designs and materials supplied 'by Ishika- wajima-Harima Heavy Industries Co., Ltd. of Japan. The vessels, to be delivered in 1977, 1978 and 1979, will be manned and operated 'by Marine Trans- port Lines, Inc. GATX Oswego also announced it is acquiring a 25 percent equity in China Shipbuilding Corporation, which will be 45 percent owned by the Republic of China. China Ship- building is constructing a major shipbuilding and repair facility at Kaohsiung. Mr. Thompson and Mr. Chen said that in addition to the four carriers, GATX Oswego has options to purchase certain other vessels to be built at Kaoh- siung. A Eurodollar loan agreement with The First National Bank of Boston, Manufacturers Hanover Trust Company, Irving Trust Com- pany, Continental Illinois National Bank and Trust Company of Chi- cago, Wells Fargo Bank, N.A., and Continental Illinois Limited has 'been signed to provide the interim financing presently required for the first two of the four new vessels. Rough and tough ship handling and tug service require hard-working, dependable rope. That's where Jackson marine ropes prove they're strong ctn perfarmance — have what it takes for heavy-duty service. Big, long and strong nylon ropes: Sizes up to 15-inch circumference . . . lengths to 1800 feet . . . strengths to 500,000 pounds. Designed for impact and shock loads as towing hausers and mooring lines. Polys and combinations that float, handle easier and hold their strength, wet or dry, for extra-tough harbor work. Jackson marine specialists are ready to help you with a complete line of ropes to increase rope life on your equipment — service-minded distributors are close by to supply it in ready-to-go lengths. Contact Jackson today. JACKSON Z ROPE CORPORATION a « Subsidiary of ASPRO, Inc. " Ninth and Oley Streets. Reading, Pa. 19604 Phone 215/376-6761 \ SALES/SERVICE CENTERS: READING • CHICAGO • NEW ORLEANS • LOS ANGELES 8 Maritime Reporter/Engineering News
