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NASSCO TO BUILD CRUDE OIL TANKER FOR SEARIVER MARITIME

NASSCO TO BUILD CRUDE OIL TANKER FOR SEARIVER MARITIME

   National Steel and Shipbuilding Co. will develop a contract design for a 750,000-barrel capacity, double-hull crude oil tanker for Houston-based SeaRiver Maritime.

   Included in the contract design proposal will be NASSCO’s price and delivery for the construction of two tankers. The SeaRiver tankers will be designed primarily for the movement of crude oil from Alaska to West Coast refineries.

   “Work on the contract design will begin immediately and will be delivered by September 2003,” the San Diego-based shipyard said.