Marine link
 

Newport News signs letter Of Intent For live DooNe Engle Tankers

Subject to MarAd Title XI approval, deal with Van Ommeren Shipping includes options for five tankers also. Newport News Shipbuilding, a unit of Tenneco, announced that it has signed a letter of intent with Van Ommeren Shipping (USA) Inc., to build five 46,000 ton Double Eagle product tankers, with options for up to five more. This marks the company's third sale of the Double Eagle since the design was introduced a year ago. The sale is pending approval of Van Ommeren's application for U.S. government Title XI loan guarantees, administered by the U.S. Maritime Administration (MarAd). Double Eagle tankers are approximately 600 ft. (183 m) and 105 ft. (32.2 m) wide, with a dwt of 46,500 tons.

Van Ommeren provides shipping, transportation and tank storage service on a global basis, and owns 26 ships, including eight U.S. flag vessels. "Our company's main strategic objective is to be at the forefront in tanker storage and shipping. These new ships will be a part of the systematic modernization of our fleet and help us maintain our strict quality and safety standards," saidNick van Reesema, president of Van Ommeren Shipping.

According to Ed Waryas, director of commercial marketing at Newport News, "This new order for the Double Eagles' design meets the needs of a wide range of commercial customers and will be a recognized class of vessels... Building this ship in a series will allow us to hold our costs down and increase our chances for winning new customers for this and other commercial ships." Newport News Shipbuilding, located in Virginia, has built more than 750 ships, including a wide range of commercial and military vessels. For more information on NNS Circle 30 on Reader Service Card




Ship Simulators History

a r i n e t t e M a r i n e R e c e i v e s O r d e r F o r a n k e r s
A united Effort
ABS Launches Products To Advance Ship Safety
Bulk Carrier Market Weakening
Buy Secondhand Ships Now?
Citing Strong Financial Performance in 1995, Carnival Raises Dividend
COMSAT Offers Cruise lines Communications Concession
Cruise Market Outlook
Exporting Ships From U.S. To China
Fincantieri Lands $600M Holland America Dual Ship Order
Germanischer Lloyd: R&D Helps Pave The Way For Safety
ILU Reports On 1994 Ship Casualties To Third Quarter
Keeping A Step Ahead
Largest Cruise Ship Ever Built Visits New York
Largest Cruise Ship Ever Built Visits New York
LR: A Register For The Millennium
Meeting New Berth Demands: Cruise Leaders Reignite Scorch For First-Time Business
Navy Plans System To Counter Shallow Water Submarine Threat In Regional Areas
Newport News Christens Sealift Ship On Independence Day
Newport News signs letter Of Intent For live DooNe Engle Tankers
PASSENGER VESSEL MARKET Near-term future remains bright as owners want bigger, better a
Renaissance Goes Upscale With Mite
Ship Finance: A View Rom. And Of The ship Registry
Shipping '94: The Risks & Rewards Of Quality Shipping
Steamers Buys Containership From Gigi Shipping For $20 Million
Step To The Head Of The Class
Stolt-Nielsen Orders Six Chemical Parcel Tankers
The End Of The Grandfather Clause? Implications For Owners, Builders & Suppliers
The Shape Of Things To Come
Y2K: The Truth W Consequents Ship From Samsung
 
rss feeds | archive | privacy | history | articles | contributors | top news | contact us | about us | copyright