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Pan-American Petroleum & Tpt., Co, Inc.
Franklin K. Lane - ( 1920-1933)
SS "Franklin K. Lane" sunk in the Caribbean on June 8, 1942.

Source : Pacific Marine Review, Volume 17, October 1919.
NEW CONSTRUCTION
BETHLEHEM SHIPBUILDING CORPORATION, LTD., Alameda Works
Franklin K. Lane, hull 5303, tanker for Pan. Amer. Pet. Co., keel laid June 11/20; launching October 15/20, estimated; 435 LBP; 56 beam; 26 loaded draft; 11 loaded speed; 10,100 DWT; Rec. engines, 2700 IHP; 3 Scotch boilers, 15 x 11-9.delivery November 12/20, same as Crampton Anderson.
The Miramar Ship Index for "FRANKLIN K. LANE"
IDNo:
2220865
Year:
1920
Name:
FRANKLIN K. LANE
Keel:
Type:
Tanker
Launch Date:
31.08.1920
Flag:
USA
Date of completion:
11.1920

Tons:
6998
Link:
-
DWT:
11010
Yard No:
5302
Length overall:
138.07
Ship Design:
LPP:
132.59
Country of build:
USA
Beam:
17.1
Builder:
Bethlehem SB Corp.
Material of build:
Location of yard:
Alameda
Number of screws/Mchy/Speed(kn):
1T-11

Subsequent History:
-

Disposal Data:
Torpedoed ans sunk 11.12 N / 66.39 W on 08.06.1942 (4 dead)& scuttled on 09.06.1942 [ Voyage Caripito-Aruba, crude oil ]

History:
ON
LR/IMO
ID
Year
Name
Tons
Change
Registered Owner
220865
2220865
1920
FRANKLIN K. LANE
6998
Pan-American Petroleum & Tpt Co Inc.
220865
2220865
1920
FRANKLIN K. LANE
6998
1933
Pan-American Foreign Corp.
220865
2220865
1920
FRANKLIN K. LANE
6998
1935
Standard Oil Co of New Jersey

Sistership is the Allan Jackson.

Additional Info by Starke & Schell Registers :

FRANKLIN K. LANE - 1920  US  1T (aft)     (11)
6,998 GRT for Pan American Petroleum & Transport Co., Inc., Los Angeles     435.0 x 56.0
Tanker built by Bethlehem SB. Corp., Alameda, Calif.    (11)     #5302     220865
1933 - Pan-American Foreign Corp., Wilmington , Del.
1935 - Standard Oil Co. of New Jersey, Wilmington, Del.
Torpedoed by U 502, 8 June 1942, 50 miles off La Guaira, voyage Caripito - Aruba, crude oil,  sunk by escort next day.

Additional information from Uboat.net :

Name: Franklin K. Lane
Type: Steam tanker
Tonnage: 6.589 tons
Completed: 1920 - Bethlehem Shipbuilding Corp, Alameda CA
Owner: Standard Oil Co of New Jersey, New York
Homeport: Wilmington
Date of attack: 9 Jun, 1942
Nationality: American
Fate: Sunk by U-502 (Jürgen von Rosenstiel)
Position: 11.12N, 66.39W - Grid ED 8499
- See location on a map -
Complement: 41 (4 dead and 37 survivors).
Convoy: TA-5
Route: Caripito, Venezuela - Trinidad (1 Jun) - Aruba
Cargo: 73.000 barrels of crude oil
History:
Notes on loss:
On 9 Jun, 1942, U-502 attacked the convoy TA-5 about 35 miles northeast of Cape Blanco, Venezuela and sank the
Bruxelles and Franklin K. Lane.
The Franklin K. Lane (Master Warner Edgar Loeffler) was missed by a first torpedo just as the ship began to change her station
in the convoy, but a second struck on the starboard side in the #7 tank aft of the bridge. The explosion created a large column of
smoke and a geyser of oil rained on the poop deck. The tanker buckled at the point of impact and fire quickly enveloped the bridge
and spread on the water. 37 men of the eight officers, 27 crewmen and six armed guards (the ship was armed with one 4in gun)
abandoned ship in two lifeboats and one raft, because two boats had been damaged by the explosion. The master, the chief
mate and two crewmen were lost.
The survivors were picked up by the British destroyer HMS Churchill (I-45) three hours later and landed in Curaçao. 15 hours after
the attack the destroyer sank the tanker with about 20 shells, concluding that she would be a hazard to navigation.