CONSENT OF INDEPENDENT ACCOUNTANTS



We hereby consent to the use in the Prospectus constituting part of this
Registration Statement on Forms S-3, S-1 and F-1 of our report dated September
30, 1994, relating to the balance sheet of California Petroleum Transport
Corporation, which appears in such Prospectus.  We also consent to the
reference to us under the heading "Experts" in such Prospectus.


/s/  Price Waterhouse LLP

PRICE WATERHOUSE
Boston, Massachusetts


November 2, 1994