U.S. Lines Applies For Subsidy To Enlarge New Containerships
Page 4103 words
Shipping
United States Lines has asked the government for subsidy to increase the container capacity of three containerships delivered last year, at a cost of $125,000 to $130,000 per ship.
The United States Lines has applied for government subsidy to enlarge the container capacities of three new ships delivered and put into service only last year.
The company estimated it will cost $125,000 each to install permanent ballast and extended bulwark protection on the American Lancer and the American Legion, and $130,000 for the same work on the American Liberty.
The reconstruction would raise the ships' capacity, in terms of 20-foot container equivalents, from the present 1,000 to 1,200, or about 16 percent, U.S. Lines said.
Mentioned in this article
Vessel
American Lancercontainership
American Legioncontainership
American Libertycontainership
Company
United States Linesvessel operator
Transcribed from the March 1969 print edition of Maritime Reporter &
Engineering News. Text is OCR-derived and may contain errors.