A major Switzerland based shipowner

Part Two

During 1968 and 1969 an odd mixture of ship sizes and ages joined the Tuillier fleet as listed below:

In 1969 two new Companies named World Shipping S.A. and Borromini Società Commerciale e Finanziaria S.A. were created in Lugano and Sebastiano’s two sons entered the business. World Shipping S.A. also had an address in Vaduz, Liechtenstein, under the name Internautical Service Establishment, it is thought for tax reasons. The name Borromini presumably derives from Francesco Borromini, the 17th-century Baroque architect. An office was also opened in London, in Ludgate House, Fleet Street, under the name of Transtrade Shipping Limited. Previously Purvis Shipping had acted as London agents.

1969 was also the year when Tuillier acquired their first tankers, ten year old sisterships named WORLD PEGASUS and WORLD PROVINCIAL, built as NAESS FALCON and NAESS TERN, which had been operated since 1964 by Y.K.Pao’s World-Wide Group. Under their new names of SAN SALVADOR and SAN ROCCO they had rather different careers with Tuillier. Whereas SAN SALVADOR traded successfully until scrapped at the end of 1982, SAN ROCCO had suffered stranding damage in October 1975 and was quickly sold to Faslane breakers.