Independent journal on economy and transport policy
19:39 GMT+2
AUSTRALIAN PETROLEUM SELLS TANKER OPERATION TO TEEKAY SHIPPING
(Shipping Times)
December 16, 1997
By Jerzy Farynski
AUSTRALIAN Petroleum Pty Ltd (Ampol/Caltex) has announced the sale of its wholly owned shipping operation, Australian Tankships Pty Ltd (ATPL), to Teekay Shipping Corporation for an undisclosed amount.
Teekay Shipping will provide ongoing shipping services to Australian Petroleum Pty Ltd.
The deal involves four vessels -- Barrington, Palmerston, ...... Read more on Shipping Times
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