Phillips to christen new tanker

Posted: Thursday, March 01, 2001

ANCHORAGE (AP) -- The second of five state-of-the-art Millennium Class tankers planned for Phillips Petroleum will be christened Saturday.

A unit of Phillips, Polar Tankers, will unveil the new double-hulled tanker in New Orleans.

The Polar Resolution was constructed by Polar Tankers at the Litton Avondale shipyard in New Orleans. It will be delivered late this year.

The first of the Millennium Class tankers, the Polar Endeavour, will begin carrying Alaska North Slope crude this spring.

Millennium Class tankers are the first tankers to be built to haul Alaska oil since passage of the federal Oil Pollution Act of 1990. They have twin propellers, twin rudders and double independent engine rooms.

Litton Avon currently has four 125,000-deadweight ton crude oil tankers under construction for Polar Tankers.

Phillips Chairman and Chief Executive Jim Mulva said the company decided to build a fifth Millennium Class tanker because it plans to increase its North Slope production from 350,000 barrels to 400,000 barrels a day.

The carriers will hold just more than 1 million barrels of cargo at full capacity.

Mulva's wife, Miriam, will break the traditional bottle of champagne bottle across the hull of the 894.7-foot ship at the ceremony.



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