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THE MARINE LOG FEATURES CALENDAR FOR 2003



January 16, 2003

MSC buys 16-year old T-5 tankers
The U.S. Navy's Military Sealift Command is buying four of five T-5 tankers built by Tampa Shipyards and delivered in 1985 and 1986 under a "build and charter" arrangement widely referred to at that time as "Rent-a-Navy." The vessels are all 25,000 dwt, 16 knot double hulled products tankers.

Contract particulars are:

Ocean Spirit Inc., Houston is being awarded $25,000,000 to exercise an option under a previously awarded contract (N00033-83-C-7024) to allow the U.S. Navy's Military Sealift Command, Washington, D.C. to purchase the T-5 ocean tanker MV Richard G. Matthiesen from Ocean Spirit Inc. The tanker has been under long-term lease since 1986 and transports petroleum products for the U.S Department of Defense. The ship transfers back to the U.S. government Jan. 15, 2003, and will continue to operate worldwide. Contract funds will not expire at the end of the current fiscal year. The Military Sealift Command, Washington, D.C., is the contracting activity.

Ocean Star Inc., Houston is being awarded $25,000,000 to exercise an option under a previously awarded contract (N00033-83-C-7026) to allow the U.S. Navy's Military Sealift Command, Washington, D.C. to purchase the T-5 ocean tanker MV Lawrence H. Gianella from Ocean Star Inc. The tanker has been under long-term lease since 1986 and transports petroleum products for the U.S Department of Defense. The ship transfers back to the U.S. government Jan. 15, 2003, and will continue to operate worldwide. Contract funds will not expire at the end of the current fiscal year. The Military Sealift Command, Washington, D.C., is the contracting activity.

Ocean Triumph Inc., Houston is being awarded $23,000,000 to exercise an option under a previously awarded contract (N00033-83-C-7022) to allow the U.S. Navy's Military Sealift Command, Washington, D.C. to purchase the T-5 ocean tanker MV Samuel L. Cobb from Ocean Triumph Inc. The tanker has been under long-term lease since 1985 and transports petroleum products for the U.S Department of Defense. The ship transfers back to the U.S. government Jan. 15, 2003, and will continue to operate worldwide. Contract funds will not expire at the end of the current fiscal year. The Military Sealift Command, Washington, D.C., is the contracting activity.

Ocean Freedom Shipping Inc., Houston, Texas, is being awarded $23,000,000 to exercise an option under a previously awarded contract (N00033-83-C-7016) to allow the U.S. Navy's Military Sealift Command, Washington, D.C. to purchase the T-5 ocean tanker MV Paul Buck from Ocean Freedom Shipping Inc. The tanker has been under long-term lease since 1985 and transports petroleum products for the U.S Department of Defense. The ship transfers back to the U.S. government Jan. 15, 2003, and will continue to operate worldwide. Contract funds will not expire at the end of the current fiscal year. The Military Sealift Command, Washington, D.C., is the contracting activity (N00033-83-C-7022).

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