UNION CO. SELLS BUNKERS
(N.Z. Press Association) WELLINGTON, August 18. The Union Steam Ship Company has sold its entire bunkering services at the port of Wellington to the oil companies. It is understood that the facilities are worth about $1,000,000. The sale was made on July 1 and confirmed today by an executive of the Union Company. The deal includes the 250-ton tug Taioma, the 800-ton barge Hinupahi, and the tank farm at Miramar. The Union Company executive said today that the Taioma was still under the company’s control. “Bunkering in Wellington has fallen off with the reduction of ships and we were running the service for the oil companies — Caltex, Shell. Atlantic, Europa and Mobil. The transfer has more or less been a tidying-up operation,” he said.
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Press, Volume CXV, Issue 33925, 19 August 1975, Page 2
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128UNION CO. SELLS BUNKERS Press, Volume CXV, Issue 33925, 19 August 1975, Page 2
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