Document MMOaoyz2oqzGQr2rdBMxZZyVa

Mr. Andrea (via I, 4. flatten) If. f Sobiason March S, 1963 fi 3105*1 F 410*10 f Alcohol Installations * IS OtsmsttK iajaj has eatered iato & eotefcset with fufelteter, fhilaielfhia, fco Bfply Ethanol 1 $r Batoa Imsga* this cestreet is of -teyeer duration ad is subject to fete Stein ivistett sapflfiBg the transportation. The rafuiraaeat is 'I aiilioa gallon for fete first 14 *atte .from February 1, 1003., with a minimum of 11 million gallon a4 a aanlwMp of 14' million gallmm for each if swafete ttereafter eatil tesMaatisa of fete To supply the above refsiteagte we have analysed the. various possibilities presently available la ear fleet sad have reacted fete coaelwiea chat a 3?,00 Wf vessel should he equipped for this service* He have ctesea fete ESSO CSfTfSMSS to receive this installation,. &n& ia order to hfeaia wmhmm benefit, we propose to carry the alcatel in teals is. I ate 2 part and starboard which will b caaeted to two 2,00@-harrels* .pet-hour pump located ia fete forward pmgrntm* lath pump will be provided with m *iaeh discharge lies with' separate loading drops' to each eoagariMssfe. Although fete steve sagst is somewhat more elaterate than the aiaisum required for the fublicter business , Eajay strongly urges that we proceed with this modification since this will sate additional alcohol capacity available, which will be required for peak dssate sad furttermore - be usefisl when the 8SS0 IW.aTIWiOS is ia fete shipyard. la addition, tip .aa^geat will mate this vessel suitable for a solvest carrier oa voyage where no alcohol is moved and will isssaditeely provide relief for the ESSO HMMI, which tes telvste capacity of mly 11,08 barrel. It is stisaate.il that fete total iavescmeat for fete S$e ' installation will amount to $?5,S la have estimated for Eajay a freight rate of 1,95 cents per gnllest, subject fe review based on actual enperteace at sinmoafcte intervals* this freight rate ia based m m ASKS plus 5% level aa4 includes & 31 retara a our inwtelamat, after turn, Mmm it is- realised tfest Pebiicker may ceneei fete contract aeere fete <&ad of fete 6-year period, Bajay has agreed to reisfetsre fch ferine Mvisioa for the earecevesedinvestment at the time of fe$mtea4 on a fair basis satisfactory to both parties. fte ESS Wtt&tam is scheduled to eater the shipyard for mid-period inspection ate coating, ate it is suggested that fete above installation fee carried out at that time, a total time required for this project is aofc expected to exceed fete scheduled shipyard time. Inasmuch a this difieattea is of a capital investment nature, it 1 suggested that: it be considered a addition z she 1963 Budget. fey we have year approval! W, F, Robinson