MARITIME ADMINISTRATION	400 7th Street, SW
	Washington, DC 20590

 

PRESS BOOK

 

October 27, 2005

Page 1 of 1

 

B05-020

 

The Maritime Administration (MARAD) has approved one application under Section 9 of the Shipping Act, 1916, as amended. 

 

Ø     Western Overseas, Inc., (proposed owner) Toledo, OH, has received approval to sell the 44,906-gross-ton tanker OVERSEAS NEW YORK to Snow Drop Company, Ltd., a British Virgin Islands corporation, and transfer said Vessel to Mongolian registry and flag, for scrapping in Bangladesh, India or Pakistan.

 

The vessel was built in 1977 in San Diego, CA.