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World Orderbook For 20 VLCCs At Highest In Seven Years According to figures compiled by Howard Houlder (Chartering) Ltd. of London, the number of very large Very large crude carriers under construction or on order Owner Dwt Yard Exxon (two) 209,000 NASSCO Petrofina 260,000 Hyundai Idemitsu 258,000 Mitsubishi (two) IHI lino 250,000 Kawasaki Japan Line 238,000 IHI Kawasaki 238,000 Kawasaki Kypei/NYK 238,000 IHI Mitsui OSK 230,000 Sasebo Mitsui OSK 239,000 Mitsui (two) Shinwa/Nippo 256,000 Mitsubishi NYK 256,000 Mitsubishi NYK 250,000 Mitsubishi Shinwa 238,000 Hitachi Shinwa 256,000 Mitsubishi Tokyo Tankers 256,000 Mitsubishi (two) World-Wide 250,000 Hyundai Source: Howard Houlder (Chartering) Ltd. crude carriers under construction or on order worldwide has reached its highest level for seven years. The 4.9 million tons deadweight involved represents substantial in- vestment, with open market new- building prices running at $37 mil- lion to $40 million per ship. Of the 20 VLCCs aggregating 4.9 million dwt on order, seven are un- der contract to Mitsubishi. The oth- er 13 have been ordered from IHI (3), Hyundai (2), Kawasaki (2), Mit- sui (2), National Steel (2), and one each for Hitachi and Sasebo. The two under construction at NASSCO are for Exxon Shipping Company of Houston. The last VLCC ordering spate saw 20 vessels amounting to 5.8 mil- lion tons in mid-1979, but was fol- lowed by several years of market recession. Analysts are now more confident there is a profitable future for large tonnage. Since that time, the global total of ULCCs and VLCCs has decreased 40 percent to some 116 million tons. One sign of owners' continuing optimism is that hardly any second- hand VLCCs are available either for trading or demolition sales at pre- sent. New Owners Will Reorganize Sudmarine Firm The Dutch company Dietsmann International, through its French subsidiary Dietsmann France A.S., and Claude Miguet, managing di- rector of Paoli S.A. of Marseilles, have each acquired 50 percent of the shares of Sudmarine Enterprises S.A. of Marseilles. This transaction ends a 28-month period of uncer- tainty about the future of Sudmar- ine, whose owners, the AMREP Group, has been in liquidation since 1984. Mr. Miguet and Dietsmann president Peter Kutemann are optimistic about the future of Sud- marine, and will start restructuring INVENTORY LOCATOR SERVICE AND THE MARITIME INDUSTRY... Inventory Locator Service, Inc., set up an aircraft data base more than seven years ago. Currently, more than IVi million line items make up that database ILS offers parts location, cross-referencing, and extensive NSN information. The world of commercial and military aviation has come to rely on us...the Maritime industry will, too! 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Navy symbol " Procurement History ML-C Circle 225 on Reader Service Card IIL JIM'S PUMP REPAIR INC. || m ••C0RP0RA,I:' 48-55 36th STREET, LONG ISLAND CITY, NEW YORK 11101 JIM LAGONIKOS, President Established 1974 Bob Mooney, Sales & Service Mgr. Reconditioned Coffin & Pacific Feed Pumps Service 24HRS 718-392-4444 A-1 Condition Parts Available TYPE • F-CG - DE- DEB - IND-T TLX-TWX TBA • 12 - 16 - I6V2 710-5824847JPRNYK the company immediately. Mr. Mi- guet will be managing director in charge of the marine and engine repair facilities, while Mr. Kute- mann will be co-managing director responsible for the international maintenance activities of the com- pany. For additional information on Sudmarine Enterprises, Circle 37 on Reader Service Card Blystad Ships Will Join Stolt-Nielsen Parcel Tanker Fleet Pool Norwegian shipowner Arne Blys- tad A/S will participate in the parcel tanker fleet managed by Stolt- Nielsen starting in January 1987, according to a joint announcement by the two companies. Two ships, the 25,000-dwt Lake Anette and Dua Mar, will join at that time, while Blystad will have the option to add two more parcel tankers, the 26,000-dwt Lake Anne and Lake Anina. The addition of these ships will increase the Stolt Tankers par- cel carrier pool to 43 ships totaling 1.25 million dwt. Blystad's participation in the pool will not affect its present or future activities in the worldwide crude oil and products trades, which will be maintained with its own and time- chartered tonnage. Blystad and Stolt-Nielsen are pi- oneers in the parcel trade, with a long history of customer service in this unique area of ocean shipping. Other shipowners participating in the Stolt Tankers worldwide parcel tanker services are John Swire & Sons of the U.K.; Societe Francaise de Transports Maritimes, shipping affiliate of the French Worms Group; and Norway-based Chemin- vest. New Marine Consulting Firm Established— Free Literature Offered The marine consulting firm of CG International, Inc., Hoboken, N.J., has been established by Charles H. Gross Jr. (formerly senior vice president and manager of J.J. Hen- ry Co. Inc.), to provide naval archi- tectural and marine engineering ser- vices to domestic and international firms. Some of the services the company offers include: development of con- ceptual, guidance, and contract de- sign packages for new construction and conversion programs; liaison with U.S. Coast Guard for registry transfers and foreign newbuildings; review and approval of detailed working plans; on-site construction supervision; support and production of technical and cost proposals for government procurements; prepara- tion of technical and economic feasi- bility studies; and analysis of mar- kets for shipboard machinery com- ponents and systems. For free copies of literature on the services offered by the new marine consulting firm CG International, Circle 51 on Reader Service Card Circle 158 on Reader Service Card 78 Maritime Reporter/Engineering News
