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To: BUSINESS EDITORS
Contact: Tom Marinucci, of Aker American Shipping ASA, +1-215- 875-2740, thomas.marinucci@phillyshipyard.com
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... approximately $3 billion in 2010, a 13% increase over 2009, driven in part by four IPOs and a subst..., only one issuer, Overseas Shipholding Group, Inc. (OSG), was organized in the United States. O...; Navios Maritime Partners L.P.; Nordic American Tanker Shipping Ltd.; Overseas Shipholding Group, ...
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PHILADELPHIA, Oct. 28 /U.S. Newswire/ -- Aker Philadelphia Shipyard (formerly known as Kvaerner Philadelphia Shipyard) today took a significant step forward in the construction of the first of ten new, double-hulled product tankers with the installation of the first massive section of the ship's keel. These are the first new product tankers to be built in Philadelphia since 1981.
When completed, each vessel will weigh 46,000 deadweight tons (dwt) and be the most modern product tankers in the U.S. domestic fleet. The first ship in the ten ship program is expected to be delivered by the end of 2006, with the final vessel scheduled for completion in 2010. The product tankers will be owned by American Shipping Corporation, a subsidiary of Aker American Shipping, and chartered to Overseas Sh...
...-based maritime company whose holdings include the state of the art Aker Philadelphia Shipyard on...
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... O N SUCH A DATABASE, THE CITATION M UST INCLUDE REFERENCE TO THAT. DATABASE AND THE DOCKET NUM BER...SERVICES, INC., ABS GROUP OF COMPANIES. and the AMERICAN BUREAU OF SHIPPING,...
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PHILADELPHIA, May 8 /U.S. Newswire/ -- Aker Philadelphia Shipyard has commenced production on the third vessel in the ten ship product tanker build program initiated in April 2005. Steel cutting for the ship, the seventh built by the yard since its opening nearly six years ago, was performed on one of the yard's two state-of-the-art plasma cutting machines. The third tanker vessel is scheduled to be completed in the fourth quarter of 2007.
The first steel plates cut for the ship will be used in construction of the engine room of the 46,000 deadweight ton (dwt) product tanker. Upon completion, the tankers will be owned by American Shipping Corporation, a subsidiary of Aker American Shipping, and bareboat chartered to Overseas Shipholding Group, Inc (OSG). To date, six of the 10 tanke...
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PHILADELPHIA, Sept. 19 /U.S. Newswire/ -- Aker Philadelphia Shipyard achieved a landmark milestone in its 10-ship tanker build program on Monday, Sept. 18, when it successfully launched the first vessel in the series from its berth in the yard's Building Dock. When completed in the fourth quarter of this year, the 600-foot long MT 46 Veteran Class tanker vessel will become the first vessel owned by subsidiaries of the yard's sister company American Shipping Corporation (ASC) and leased to subsidiaries of Overseas Shipholding Group Inc.(OSG).
The flooding of the yard's Building Dock floated the vessel off its keel blocks in advance of the ship's move to the nearby Outfitting Dock, where testing and commissioning will take place in the coming months. The fifth vessel constructed by Aker P...
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...-5100 Fax: 907-245-0243 Ace Delivery & Moving Inc. Hank Schaub, Gen. Mgr. 1994 9 PO Box 221389 alask...Ct. E. www.americanfast.com Fife, WA 98424 Phone: 253-926-5000 Fax: 253-68...: 800-352-2746 Fax: 907-243-8197 Denali Group Michael Gonzalez, VP 1954 70 2510 Post Rd. www.den... and international Phone: 907-248-4697 shipping. Areas Served: Worldwide. Fax: 907-248-9706 Alaska...
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PHILADELPHIA, Feb. 7 /U.S. Newswire/ -- Charter agreements have been signed for two more of the ten Jones Act commercial product tankers being built by workers at Aker Philadelphia Shipyard. The agreements were made between BP Shipping and Overseas Shipholding Group, Inc (OSG), which has partnered in the new fleet with Aker American Shipping (AKASA), parent company of the shipyard. The yard recently changed its name from Kvaerner Philadelphia Shipyard to reflect its affiliation with parent company Aker ASA, and its expanded role beyond that of shipbuilder in the commercial maritime industry.
The decision by BP Shipping to charter two of our double- hulled product tankers and to do so just as we are beginning our ten ship program is significant," said Dave Meehan, President & CEO of Ake...
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... approximately $3 billion in 2010, a 13% increase over 2009, driven in part by four IPOs and a subst..., only one issuer, Overseas Shipholding Group, Inc. (OSG), was organized in the United States. O...; Navios Maritime Partners L.P.; Nordic American Tanker Shipping Ltd.; Overseas Shipholding Group, ...
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PHILADELPHIA, April 7 /U.S. Newswire/ -- Charter agreements have been signed for two more of the ten Jones Act commercial product tankers being built at Aker Philadelphia Shipyard. The agreements were made between Tesoro Maritime Company (Tesoro) and Overseas Shipholding Group, Inc (OSG), which has partnered in the new fleet with Aker American Shipping (AKASA), parent company of the shipyard. As part of the Aker group of companies, Aker American Shipping, in conjunction with its subsidiaries, operates as both shipbuilder and ship owner in the Jones Act segment of the U.S. commercial maritime industry.
We are pleased with Tesoro's decision to become the latest Jones Act market customer to charter our double-hulled product tankers," said Dave Meehan, President & CEO of Aker American Ship...