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MARAD Approves Five Applications to Sell U.S. Flag Vessels to Foreign Companies

Published Jan 21, 2004 12:01 AM by The Maritime Executive

They include:
? Coastal Towing, Inc., Spring, TX, has received approval to sell the 1,454-gross-ton tank barge COASTAL 2007-L to Overseas Bureau Shipping, a Panamanian corporation, and transfer that vessel to Panamanian registry and flag. The vessel was built in 1977 in Nashville, TN.

? C. S. Liftboats, Inc., Erath, LA has received approval to sell the 2,518-gross-ton Jack-Up Drilling Rig M/V TRIDENT CRUSADER to National Drilling Company, a United Arab Emirates corporation, and transfer it to United Arab Emirates registry and flag. The vessel was built in 1999 in Pascagoula, MS.

? Eastern Overseas, Inc., Palm Coast, FL, has received approval to sell the 24,563-gross-ton containership MANULANI to Maritime Delivery, Inc., a British Virgin Islands corporation, for scrapping in China. The vessel was built in 1970 in Sparrows Point, MD.

? Seacor Offshore Inc., Morgan City, LA, has received approval to sell the 1,238-gross-ton offshore supply vessel SEACOR ALCINA to Maritima Mexiciana, S.A. de C.V., a Mexican corporation, and to transfer it to Mexican registry and flag. The vessel was built in 1998 in Moss Point, MS.

? Arthur Levy Enterprises, Morgan City, LA, has received approval to sell the 1,576-gross-ton offshore supply vessel SEACOR VALIANT to Maritima Mexiciana, S.A. de C.V., a Mexican corporation, and transfer the vessel to Mexican registry and flag. The vessel was built in 1999 in Moss Point, MS.