MARAD APPROVES SCRAPPING OF TANKER
The U.S. Maritime Administration has approved International Ship Traders Ltd.’s sale of the 21,415-gross-ton U.S.-flag tanker Mormacstar to Rushil Industries Ltd. for scrapping in India.
The vessel was built in 1975 in a San Diego, Calif. shipyard.
MarAd must approve the overseas scrapping of U.S.-flag vessels under section 9 of the 1916 Shipping Act.
MARAD APPROVES SCRAPPING OF TANKER
