The Maritime Administration has approved an application by the U.S. Veterans of World War II of San Pedro, Calif., and the National Liberty Ship Memorial, Inc., of San Francisco, Calif, for permission to sell the cargo vessel Newcastle Victory for scrapping.
By the end of 1991 the world shipbuilding order book had reached the highest level since June 1977, according to the latest quarterly statistics published by Lloyd's Register. In the final quarter of 1991, tonnage under construction and on order increased to 43.
Earlier this year, Houston Ship Repair, Inc. of Houston was awarded a $1,175,000 fixed-price contract by the Maritime Administration to reactivate the cargo ship Hattiesburg Victory. The refurbished vessel sailed from Houston recently in service with the U.