Stolt Parcel Takes Delivery Of Stolt Innovation From Danyard

Stolt Parcel Tankers, Inc., part of the Stolt- Nielsen SA group, has taken delivery of M/T Stolt Innovation, the first in a series of ten 37,000-ton Innovation-class chemical parcel tankers, from the Danyard shipyard in Frederikshavn, Denmark.

Formally commisssioned on May 29, the new ship incorporates features which set new standards of environmental protection, safety and operating efficiency. Seven of the Innovation-class ships are being built by Danyard, while the other three will be constructed by the Societe Nouvelle des Ateliers et Chantiers de I'Atlantique du Havre (SNACH) yard in Le Havre, France. The remaining nine tankers in the series will be delivered at regular intervals through the end of 1998.

M/T Stolt Innovation has 42 integral and four deck cargo tanks, all constructed of solid stainless steel, and all fitted with separate pump and pipeline and able to handle hazardous and corrosive cargoes (IMO Type 1). M/T Stolt Innovation is thought to be the first chemical tanker to be fitted with medium-speed, diesel-electric propulsion instead of a conventional slowspeed diesel propulsion.

Stolt-Nielsen SA is a leading provider of transportation services for bulk liquid chemicals, edible oils, acids and other specialty liquids.