MARAD CLEARS CENTRAL GULF REQUEST TO BUILD TWO SHIPS IN JAPAN
The Maritime Administration has given clearance to Central Gulf Lines Inc., a subsidiary of the International Shipholding Group, to build two multipurpose bulk vessels in Japan.
The 50,400 deadweight ton ships will be constructed by the Oshima Shipbuilding Co. Ltd., in Nagasaki, Japan.
MarAd’s grant of approval under Section 615 of the Merchant Marine Act means the ships will be eligible to immediately carry government preference cargo. Unless approval is granted, ships built abroad must wait three years to carry government-propelled cargoes.
Delivery dates and construction costs were not disclosed.