AMPAC To Build Four Container Feeder Ships At Cost Of $92 Million
A m e r i c a n P a c i f i c Container Line, Inc. (AMPAC), 501 Army Street, Pier 80, San Francisco, Calif., has applied for a Title XI guarantee to aid in financing the construction of four container feeder vessels.
Each of the vessels will be 496 feet in length, 75 feet abeam, and have a container capacity of 806 TEUS (20-foot equivalent units). AMPAC plans to use them for operation on the Pacific Coast, encompassing service to and from ports in the United States, Canada and Mexico. The four ships will replace three older U.S.-flag vessels and two to four foreignflag vessels contemplated to be used in this service by AMPAC and Canadian Intracoastal Container Line, Inc.
AMPAC proposes to handle its Pacific Coast f e e d e r service through a proprietary agency known as Pacific Coastal Steamship Company, which will be controlled, but not wholly owned, by AMPAC. The operators will have offices in Seattle, Wash., and Los Angeles, Calif.
A shipbuilder for the four vessels has not yet been determined. The estimated cost is $23 million per ship.