Avondale To Construct Two Multi-Product Ships For Ogden Marine

Ogden Corporation, 277 Park Avenue, New York, N.Y. 10017, has announced that Ogden Marine, Inc. will construct two U.S.- fiag 42,000-ton multi-product vessels at Avondale Shipyards. A long-term charter has been entered into for one vessel.

These ships, of Avondale design, will carry a wide range of refined products and crude oil. The new design meets all present and anticipated international and U.S.

safety and environmental requirements, including segregated ballast, double bottom, collision avoidance, inert gas and modern electronic navigation equipment. The design also achieves significant fuel economy by utilizing an advanced propulsion system that drives a special slow-speed propeller. Having individual pumps for each tank, the vessel can handle more than 10 different types of product simultaneously. The vessel is 640 feet in length overall, 105Vo feet in beam with a 38-foot draft. This shallow draft configuration enables entry into most U.S. ports, and efficient service through the Panama Canal.

Ogden expects that this design will begin a new era for U.S.-flag vessels in flexibility of product and economy of operation. These ships will be offered for sale, charter and affreightment contracts, and trade-in of existing U.S.-flag vessels can be negotiated.

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