Subsidiaries of ExxonMobil, Onassis Group, Goulandris Group Launch Double-hull Tanker

Wednesday, November 15, 2000
Exxon Mobil Corp. announced that M/T Kestrel, a new double-hull very large crude oil carrier (VLCC), was delivered for leasing to a Trust established by Marcare Shipping Co., a joint shipping venture among subsidiaries of ExxonMobil, the Onassis Group and Petros J. Goulandris Sons Group. Kestrel, the second of two sister vessels to be leased to the Marcare Trust, will be chartered by International Marine Transportation Limited (IMT), a subsidiary of Exxon Mobil Corporation based in the UK.

Kestrel's sister ship, the M/T Hawk, was delivered for leasing on August 25, 2000.

The joint venture, in which all three partners hold an equal share, was formed in December 1998. Kestrel was built by Hyundai Heavy Industries and delivered at a naming ceremony today at Hyundai's Ulsan, Korea shipyard.

The 307,000 dwt Kestrel is 1,100 x 190 x 206 ft. (335 x 58 x 63 m) from keel to masthead and can carry a cargo of 2.25 million barrels of crude oil worldwide.

The ship's design, construction and capabilities exceed even the stringent tanker safety standards set out in the U.S. Oil Pollution Act of 1990 and the International Maritime Organization rules. Kestrel is equipped with such state-of-the-art facilities as automatic bridge controls for main propulsion systems, automated machinery and cargo systems, onboard electronic charts with remote instant updates, and environmentally safe emission systems.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter June 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Asia Tankers-VLCC Rates Expected to Soften

MidEast rates slip from two-week high on June 28; raft of new ships and repaired vessels weigh on rates. Freight rates for very large crude carriers (VLCCs)

Boskalis Bags Aberdeen Offshore Windfarm Deal

Royal Boskalis Westminster N.V. (Boskalis) has been appointed the preferred Offshore Balance of Plant contractor by Vattenfall for the construction of Aberdeen Offshore Wind Farm,

Gibdock Overhauls Solstad Cutter Propulsion System

Gibraltar’s Gibdock shipyard has completed an extensive package of work on Solstad Shipping’s Normand Cutter. The 127m long, 10,979grt construction support vessel

Legal

Milton to Replace Retiring Kelly, President, ExxonMobil

Alan Kelly, president of ExxonMobil Fuels, Lubricants & Specialties Marketing Company, has announced his intention to retire effective Aug. 1, 2016, after more than 34 years of service.

UASC Fully Compliant VGM Lift Now

United Arab Shipping Company (UASC) announced today the conclusion of a 100% compliant Verified Gross Mass (VGM) lift of 159 UASC containers on board CSCL’s Saturn.

Netherlands Opts for ‘Flexible’ Container Weighing

As of July 1, shippers and freight forwarders are required to verify the weight of a container before the container is loaded onto a ship.   The Netherlands’

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Naval Architecture Offshore Oil Pipelines Pod Propulsion Ship Repair Ship Simulators
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0746 sec (13 req/sec)