M a r A d Approves Title XI C o v e r i n g $ 3 6 - M i l l i on Conversion Of 'Lurline'
The Maritime Administration has approved in principle an application from Matson Navigation Company, San Francisco, for a Title XI mortgage guarantee to aid in financing the reconstruction of the roll-on/roll-off trailership Lurline.
The reconstruction of the ship, to be performed by Sun Shipbuilding, Chester, Pa. will include the addition of a 126.5-foot cellular midbody and conversion of cargo space forward of the deckhouse to a cellular containership structure. The Lurline's hull will be strengthened to accommodate the additional containers, and auto decks with access ramps will be added in one hold.
In addition, the main deck will be s t r e n g t h e n e d and fittings added for possible carriage of containers on deck. The reconstructed ship will have a capacity of 726 twenty-four-foot containers, 71 forty-foot containers, 129 fortyfoot trailers, 80 refrigerated containers and 24 refrigerated trailers. Estimated cost of the reconstruction is $36,180,000, with the Title XI guarantee to cover $31,- 657,500—8711. percent of the cost. The Lurline, which now has an overall length of 700 feet, was constructed at Sun Ship and delivered in 1973. She is expected to be redelivered in September 1981.