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Kvaerner Philadelphia Shipyard News

08 Sep 2003

Matson’s Manukai Heads Toward Panama Canal

Kvaerner Philadelphia Shipyard, Inc. (KPSI), of Philadelphia, PA., today delivered the M.V Manukai, a CV 2600 Philadelphia Class Containership. This is the first ship to be constructed at the new yard located in the former Philadelphia Naval Base. The M.V. Manukai is the first ship in a series of two containerships to be built for Matson Navigation Company, a shipping company based in San Francisco, CA. The U.S. Jones Act ship was christened by Margaret Inouye, wife of Hawaii Sen. Daniel K. Inouye, at Kvaerner Philadelphia Shipyard on July 12, 2003.

10 Sep 2003

Manukai’s Delivery Voyage – In Real Time

Matson Navigation Company’s new MV Manukai has commenced with its delivery voyage and is currently traveling from the U.S. East Coast to the West Coast, via the Panama Canal. The ship will then enter Matson’s Hawaii Service, with the inaugural voyage scheduled for October 1 from Los Angeles to Honolulu. The ship is the first to be built by Kvaerner Philadelphia Shipyard, Inc. and the first new Matson ship of the 21st century. Utilizing today’s GPS technology, the ship’s voyage can be tracked on Matson’s “Birth of a Ship” Web site at www.matson.com/bos. By clicking on the “Track the Manukai” link below, detailed info on the vessel’s geographic position can be accessed.

16 Oct 2003

New CEO at Kvaerner Philadelphia Shipyard

David E. Meehan has been appointed President & Chief Executive Officer of the Kvaerner Philadelphia Shipyard on the U.S. Atlantic Coast. He will replace Gunnar Skjelbred who has headed the yard since 2002. With the recent successful delivery of the first newbuild ship at the yard since 1972, Matson's container vessel Manukai, Kvaerner Philadelphia Shipyard has moved into a new stage. The new CEO and the team at the yard will now work to strengthen the foundation for a sustainable shipbuilding operation. "Key priorities will be to continue to improve the cost base and productivity, while at the same time working closely with potential customers to secure new shipbuilding contracts," David Meehan explained.

20 Jul 2004

Matson Containership MV Maunawili Christened in Philadelphia

Matson Navigation Company, Inc.'s new containership MV Maunawili was christened Saturday, July 17 at Kvaerner Philadelphia Shipyard, Inc. (KPSI) by Ms. Maryanna G. Shaw, great grand-daughter of Samuel T. Alexander, one of the founders of Matson's parent company, Alexander and Baldwin, Inc. (A&B). The vessel is the second of a two-ship, $220 million contract with KPSI. Among those present for the ceremony will be Charles M. Stockholm, chairman of the board, A&B, Allen Doane, president and CEO, A&B, James Andrasick, president and CEO, Matson, and the event's keynote speaker, Lt.

04 Feb 2002

Kvaerner and Aker Join Forces in Shipbuilding

Kvaerner announced that it has agreed with Aker RGI Holding to establish a jointly owned shipbuilding management company. Together, the two groups own 12 shipyards in Europe, and one in the USA and Brazil. These yards have a total of some 13,500 employees with combined revenues of $2.2 billion. Kvaerner and RGI have on a number of previous occasions stated the intention to merge their respective shipbuilding operations in the future. The parties have, however, agreed to postpone such negotiations until a better assessment of the financial and operational issues have been concluded, and until such time as the value of the operations can be more precisely determined. that the value of their respective operations will increase through the establishment of a joint management company.

28 Mar 2002

SOCP Agenda Focuses on Maritime Security

The Ship Operations Cooperative Program (SOCP) will convene in Philadelphia, Pa., on June 11-12, 2002 at the Naval Surface Warfare Center. The meeting will feature Captain William G. Schubert, Maritime Administrator, U.S. Department of Transportation as the speaker, with invited speakers including: Ronald McAlear, CEO, Kvaerner Philadelphia Shipyard and Robert K. Kurz, President, Keystone Shipping Co. The meeting will also include panel presentations focusing on maritime security and current maritime legislation, and technical presentations.

07 Jun 2002

U.S. Shipbuilding: Prospects Abound, but Where’s the Money?

While the U.S. commercial shipbuilding industry outperformed the U.S. economy between 1992 and 2001, this period witnessed the construction of barely a dozen large ocean going vessels for our U.S. domestic trades with an aggregate cost of not much more than $500 million. In contrast, U. S. national transportation needs for the current decade will require the construction of four to five dozen such commercial vessels which, taken together with the building of smaller vessels to meet our other domestic needs, will involve shipbuilding contracts in excess of $6 to $7 billion. The majority of this work is federally mandated by the Oil Pollution Act of 1990, or involves the replacement of vessels in our U.S. non-contiguous trades that have reached the end of their useful lives.

31 May 2002

SOCP's Philadelphia Agenda Includes Maritime Security

The Ship Operations Cooperative Program (SOCP) invites maritime industry representatives to attend the SOCP's June 11-12, 2002, meeting in Philadelphia, PA. Join SOCP at its public meeting at the Naval Surface Warfare Center in Philadelphia. Hear featured luncheon speaker, CAPT William G. Schubert, Maritime Administrator, U.S. Department of Transportation and guest dinner speaker Mr. Ronald McAlear, CEO, Kvaerner Philadelphia Shipyard. Participants will also hear from Ms. Cleopatra Doumbia-Henry, Deputy Director, ILO, on Maritime Security and the Maritime Workforce; CAPT Ernest Fink, USCG-National Maritime Center on Licensing Program Reengineering and STCW Update; and a panel presentation on maritime security, moderated by James J. Zok, U.S. Maritime Administration.

29 May 2002

Matson To Build Pair of Containerships in Philadelphia

Matson Navigation Company, Inc.'s (Matson)today signed a contract with Kvaerner Philadelphia Shipyard Inc. the purchase of two new containerships. late 2003 and in 2004, respectively. quality and value," said C. executive officer. carrier. R. J. the U.S. domestic offshore trades. dry containers. Jones Act vessels at a relatively low cost. as a world class commercial shipyard. Kvaerner Philadelphia Shipyard. in Kvaerner's ability to build high quality ships. Philadelphia Shipyard was built to provide U.S. ships at realistic prices for the dedicated trades of the U.S. Act. customers," Mulholland added. enhanced its fleet to meet the changing needs of our customers. open-top vessels.

08 Nov 2000

New Marine Technology: The Hallmark of SMM 2000

The SMM exhibition in Hamburg has once again proven that it is the cradle of marine technology and the grand-daddy of all marine exhibitions. On display in 12 separate halls were more than 1,300 exhibitors from more than 50 countries, launching new products and discussing business with an estimated 37,000 visitors. More telling that sheer numbers, in this case, is the feeling of the exhibition and the ubiquitous marine technology theme. The quality of attendee and exhibitor is always high, but this edition of the bi-annual exhibition seemed especially charged due to the many positives currently running throughout the full spectrum of the maritime market.

27 Oct 2000

Kvaerner Appoints Smith VP Business Development

In another significant executive move at its Philadelphia shipyard, Kvaerner announced the appointment of Brian M Smith, as Vice President, Business Development. Until recently, British born Brian Smith held a similar position with Litton Ship Systems, in New Orleans, where he since 1996 has been employed as Director - Business Development/ Strategic Planning. He will take up his position with Kvaerner in Philadelphia during mid November. Smith is a well-established figure within the American commercial shipbuilding market. Prior to his joining Avondale in 1996, Mr. Smith worked extensively in the marketing, strategic planning and business development area, much of it within the maritime industry.

26 Oct 2000

McAlear Named CEO Of Kvaerner Philadelphia Shipyard

Kvaerner, the Anglo-Norwegian engineering and construction Group, has elected Ronald J. McAlear, as CEO of its Philadelphia Shipyard. He replaces Baard Bale, who has been acting CEO of the yard since June, and will be returning to Kvaerner's international headquarters in London in December. McAlear has spent his entire professional career in the maritime industry, and currently holds a senior executive position with Litton Avondale Industries. He will assume his new position with Kvaerner in Philadelphia at the beginning of November. McAlear, a well-known figure within the U.S. shipbuilding industry, boasts a solid background in shipbuilding, ship repair, ship-operations and marine equipment marketing and manufacturing.

06 Dec 2000

History Repeats Itself In the “City of Brotherly Love”

A new development within the realm of U.S. Shipbuilding — the new Kvaerner Philadelphia Shipyard (KPSI) is poised to be one of the most efficiently outfitted commercial shipyards in the world. The shipbuilding company, which occupies approximately 114 acres on what used to be the Philadelphia Naval Shipyard, utilizes a section of the former Naval yard, which was closed down in 1996 by the U.S. Government due to lack of funds. Further revitalizing this historical landmark, was KPSI's decision to utilize the yard's original drydocks that date back to WWII. But the facility is hardly stuck in the 1940s as it boasts a full array of modern shipbuilding technology and systems. Recently, Ron McAlear, hailing from Litton Avondale and a U.S.

21 Nov 2000

Kvaerner Philadelphia Places $60 Million Worth Of Supply Orders

Kvaerner Philadelphia Shipyard, part of the Anglo-Norwegian engineering and construction group, to date, has placed supply orders for nearly $60 million with local and regional businesses in and around Philadelphia for ship construction materials and services. Additional amounts are spent regularly with local suppliers to support the shipyard's daily operations. "This is evidence that the promises made to tax-payers in 1998 are now starting to have a real impact in the community," said Ron McAlear, newly appointed President & CEO of the Kvaerner Philadelphia Shipyard. "We're in the process of establishing a strong supplier network that can service the yard in the years to come. Work on the construction of the yards' first ship - a container vessel - started at the end of March this year.

07 Aug 2002

MarAd’s Schubert: Building a Better U.S. Business

In part one of a two-part series, William G. Schubert, the new U.S. Maritime Administrator (MarAd) speaks with H. Clayton Cook, Jr. about the current standing and future direction of maritime activities in the United States. Mr. Administrator, this interview is being conducted for a piece that will be published in the August 2002 issue of Maritime Reporter and Engineering News, the largest magazine of general circulation in the maritime community. So, we have a good many readers who are interested in what you are doing. Your interview will be headlined on the magazine cover. And, we are very pleased that you have agreed to speak with us today. Cook: Would you tell our readers about yourself and life in Washington as the Maritime Administrator?

14 Apr 2005

Kvaerner, OSG In 10 Jones Act Ship Deal

Kvaerner ASA and Overseas Shipholding Group, Inc. signed an agreement in principle in which Kvaerner Philadelphia Shipyard, Inc. subsidiary which will bareboat charter them to subsidiaries of OSG for initial terms of five or seven years, with extension options for the charterer. For Kvaerner, the proposed transaction is valued at more than $500 million. The agreement in principle is subject to, among other conditions, approval by the Boards of Directors of Kvaerner and OSG, preparation and execution of final agreements and relevant government approvals. "The proposed construction of ten Jones Act Product Tankers by KPSI is one of the largest commercial ship building transactions undertaken by a U.S.

22 Jun 2006

Union Fights Aker Over Foreign Parts

The Philadelphia Inquirer has reported that the Department of Homeland Security has rejected an AFL-CIO complaint about use of foreign-made parts at the Philadelphia shipyard, prompting the union to vow a political fight over U.S. shipbuilding protections. The Metal Trades Department of the AFL-CIO asked the Coast Guard, part of Homeland Security, in mid-May to review Aker Philadelphia Shipyard Inc.'s construction of 10 tankers based on a design bought from South Korea's Hyundai Mipo Dockyard and using components procured through Hyundai. The union claimed that Aker was violating the Jones Act, a law intended to protect U.S. shipbuilding by allowing only U.S.-made ships to be certified to ply U.S. ports. Aker, a unit of Norway-based Aker A.S.A.

22 May 2006

Union Questions Aker Philadelphia's Jones Act Compliance

According to the Philadelphia Inquirer, the AFL-CIO accused Aker Philadelphia Shipyard Inc. of undercutting the struggling U.S. shipbuilding industry by using too many foreign-made components in its new vessels. Aker, formerly Kvaerner Philadelphia Shipyard, denied the allegations, and asserted it is leading the industry's rebirth by expanding its business using mostly local workers and suppliers. The war of words began after the labor federation's Metal Trades Department, representing about 600 Philadelphia shipyard workers, said Thursday that it was asking the Coast Guard to probe Aker's use of components and prefabricated parts from Hyundai Mipo Dockyard and other South Korean companies.

07 Feb 2006

BP to Charter Two OSG-Controlled Product Carriers

Overseas Shipholding Group, Inc. Kvaerner Philadelphia Shipyard. U.S. market. Aker and OSG announced the 10-ship program in April 2005. 2006, took place in the yard's dry dock in October. beginning of steel cutting for the ship in late November.

23 Jan 2003

Graykowski Appointed VP at Kvaerner Shipyard

John Graykowski has joined Kvaerner Philadelphia Shipyard, Inc., as Senior Vice President & General Counsel. John will take up his duties on February 1, 2003. Graykowski will report to Gunnar Skjelbred, President & CEO, Kvaerner Philadelphia Shipyard, and will be responsible for all aspects of marketing, external relations and Legal Affairs. Since 2000, John was a Partner with Blank Rome LLP (formerly Dyer Ellis & Joseph). Prior to joining the firm, Graykowski was Acting Administrator and Deputy Administrator of the Maritime Administration, U.S. Department of Transportation from 1994 to 2000. While at MarAd, Graykowski was responsible for implementing the National Shipbuilding Initiative (NSI)…

04 Feb 2003

MARAD Approves Title XI Funding Containerships

The U.S. Maritime Administration (MARAD) issued a Bulletin announcing that it has approved Title XI funding for two U.S.-flag containerships. The ships are will be built in the Kvaerner Philadelphia Shipyard for Matson Navigation Company.

31 Mar 2003

First Ship Nearing Completion at Kvaerner Philadelphia

The MV Manukai, Kvaerner Philadelphia Shipyard's first ship, was floated out of the building dock this weekend. The 712-ft. container ship being built for Matson Navigation was towed to the outfitting dock for its final outfitting phase. The $110 million ship which is constructed entirely of American-made materials, including Bethlehem steel, will be deployed to its home base in Honolulu upon completion, and will sail between Hawaii, Seattle and Oakland. Construction is under way at the yard on its sister ship.

04 Jun 2003

U.S. Shipbuilding 2003: A Congested Attempt to Fund

Meeting national transportation needs during the current decade should involve a surfeit of new contracts for our domestic shipbuilders. The Oil Pollution Act of 1990 (OPA 90) mandates double hulls for all vessels engaged in U.S. petroleum carriage. In our non-contiguous trades, renewal programs are needed for the replacement aging container and RoRo fleets. Moving freight containers and trailers on RoRo barges and vessels, and moving people on passenger and passenger-vehicle high speed ferries, provide the obvious solutions to traffic congestion in the population corridors served by at least two of our Interstate highways. Some of these vessel needs are now immediate because of private sector decisions to postpone projects.

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