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KVAERNER PHILADELPHIA SHIPYARD

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. The first ship is being built by Kvaerner for later sale into the market place and will also be used as an extension of the employee training program. Construction and development work of the yard now nears completion and the facility currently employs a total staff of 400.


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.


Kvaerner Makes Commitment to Philadelphia Shipyard

Even if Kvaerner Group is unsuccessful in selling its Philadelphia operation, Europe's largest shipbuilder does not plan to leave the shipyard high and dry. The firm announced it will sell or close its 13 shipyards around the world due to low profits, but would try to find a buyer for the Philadelphia shipyard. If a buyer is not found, "then Kvaerner must continue," said Harald Rafdal, CEO of Kvaerner Philadelphia Inc


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


Kvaerner Drops Plan To Dump Shipyards

Kvaerner ASA has postponed a planned sale of its Masa-Yards Finnish shipbuilding unit in a new setback to its goal of exiting shipbuilding. Kvaerner said it had failed to find a right buyer for Masa-Yards, which specializes in building cruise ships and has an order reserve of $2.6 billion, and would instead concentrate on raising the unit's profitability. "Talks (about a sale of Masa) have not led to a satisfactory agreement," the company said in a statement


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


Andrew E. Gibson: A Life Dedicated To Maritime

Andrew Edward Gibson died on July 8, 2001, at the age of 79 in Short Hills, New Jersey. His final decade, after a life of notably active achievements, had been primarily devoted to scholarship, at the Naval War College where he taught, and in work with Kings Point Professor Arthur Donovan, in the preparation of a history of United States maritime policy, published in 1999 as The Abandoned Ocean, and of a to-be-published history of containerization.


New Repair Yard to Set up Shop in Philly

Reports indicate that a company that has repaired cruise ships plans to set up a second operation in Philadelphia. The new shipyard will be called PennShip Service. Under an agreement, PennShip will lease the site next to the Aker Philadelphia Shipyard. The sites are part of the former Philadelphia Naval Shipyard, which closed in 1996. Source: AP


Aker Philadelphia Shipyard, 10th Tanker

Aker Philadelphia Shipyard (Oslo:AKPS), a leading U.S. commercial shipyard, cut steel on Hull 014, the tenth product tanker in the series of twelve to be built for American Shipping Company (Oslo:AMSC). Production of this vessel begins a few days after the successful delivery of Hull 010, the Overseas Boston. A small ceremony was held this afternoon to commence production and was attended by representatives of Aker Philadelphia Shipyard, OSG


Pemamek Wins Contract

ASPI_Yard_aerial_web.jpg

Pemamek Oy Ltd was recently awarded a contract of Aker Philadelphia Shipyard, construction and delivery of a micro panel line. Commissioning in early 2013, the new modern micro panel line replaces the existing one. This new line will increase the shipyard’s productivity and therefore improve Aker Philadelphia Shipyards positioning at the market. Additionally, Pemamek Ltd contracted a yearly maintenance contract for the equipment and software for fully support in periodical


Board Changes at Aker Arctic Technology

After the acquisition of 66.4% of the shares by Finnish Industry Investment Ltd (fully owned by the State of Finland) Aker Arctic Technology Inc.’s extraordinary shareholders’ meeting today appointed the new Board of Directors for the company.


Aker Shipyard Provides Clarification on Crane Incident

file photo: Aker Shipyard, Philadelphia

Aker Philadelphia Shipyard, Inc. (APSI), the wholly-owned U.S. subsidiary of Aker Philadelphia Shipyard ASA (AKPS) has released an update regarding an incident that occurred yesterday at its facility. According to Aker, numerous factually incorrect news reports have emerged


Kvaerner Gets Offshore Spar Topsides Sub-Contract,

Example of Kvaerner topside work: Image courtesy of Kvaerner

Hyundai Heavy Industries (Hyundai) has awarded Kvaerner a sub-contract to provide services for inshore and offshore hook-up and commissioning assistance for the topsides for the Aasta Hansteen spar project.  The inshore-work will be carried out at Stord and the offshore scope will be done at


Maersk Line Art-Box Arrives in Philadelphia

Photo: Maersk Line

Frozen mussels from New Zealand to Port of Philadelphia begins Art-Box’s journey around the world to promote value of global container shipping Maersk Line, an ocean transportation company and a unit of the Maersk Group, announced today the arrival of the Maersk Line Reefer Art-Box


Troy Container Line Adds New Sales Representative

Troy Container Line Ltd., an American-owned NVOCC, announced the appointment of Paul Keany as sales representative. Based in the company’s Red Bank, N.J. office, Keany has been charged with expanding Troy Container Line’s long-standing tradition of personalized service and care in New


Today in U.S. Naval History: October 22

President John F. Kennedy

Today in U.S. Naval History - October 22 1846 - Lavinia Fanning Watson of Philadelphia christens the sloop-of-war Germantown, the first U.S. Navy ship sponsored by a woman. 1951 - First of seven detonations, Operation Buster-Jangle nuclear test.


Kvaerner Still Riding High Offshore in Q3 2013

Norway's Kvaerner report higher operating revenues, higher earnings and higher EBITDA margin in the third quarter of 2013 compared to last year. Kvaerner reported operating revenues of NOK 3 383 million in the third quarter 2013, compared to NOK 2 430 million in the third quarter of


Aker Philadelphia Welcome Back Governor Corbett

Governor Tom Corbett: Photo courtesy of State Office

Aker Philadelphia Shipyard, Inc. (APSI) has welcomed Governor Corbett back for an update on the state of the shipyard and a tour to view progress on the current tankers APSI is building for SeaRiver Maritime. The last time Governor Corbett visited APSI was in September 2011 for the contract


Matson, Aker Ink Shipbuilding Deal

Artists Depiction of 3,600 TEU containerships

Matson Signs Contract With Aker Philadelphia Shipyard For Two New "Aloha Class" Containerships, First Ship To Be Named The Daniel K. Inouye. Matson, Inc., a U.S. carrier in the Pacific, announced today that its subsidiary, Matson Navigation Company, Inc


Doyle Talks LNG, Exports, Panama Canal with Japanese Officials

From left: Kazuhiro Yokoi (Chubu Electric Power Company), David Tubman (FMC), Yoshiro Taguchi (Japanese Embassy), Hidehiro Muramatsu (Japan Oil, Gas, and Metals National Corp.), William Doyle (FMC Commissioner), Takashi Horie (Mitsubishi), and Nobukazu Nagai (Japan International Transport Institute, USA).

Earlier this week, Commissioner William P. Doyle met with Japanese public and private sector officials to discuss U.S. natural gas, exports, and the Panama Canal. Japan is the world's largest importer of liquefied natural gas (LNG). The country has relied on imported natural gas for decades as


Matson Newbuildings Opt for MAN Dual-fuel Engines

Dual fuel S90MEGI engine: Image credit MAN

Matson Navigation Company has placed an order for two 3,600 TEU container ships, powered by two MAN B&W 7S90ME-GI dual-fuel engines. The deal includes an option for three further vessels.
 
The engines are the largest dual-fuel engines ever ordered in terms of power output with each engine


Aker Philadelphia Lay Keel of Second SeaRiver Tankship

Keel-laying ceremony: Photo credit Aker Philadelphia

Aker Philadelphia Shipyard, Inc. (APSI) has held a ceremonial keel laying for the second of two Aframax tankers that it is building for SeaRiver Maritime, Inc., a Exxon Mobil Corporation’s U.S. marine affiliate. When completed in 2014


ISS Wins EUKOR Global Service Award

Capt. S.C. Kim, ISS Port Captain for Korean Customers, receiving the award for ‘Best in Vessel Operation’ from Mr. Sang Kim, Director of EUKOR and Head of EUKOR America.

Inchcape Shipping Services (ISS), a maritime services provider, has received a global award for best agency from EUKOR, a shipping company specializing in car transportation and other rolling cargo. The award for ‘Best in Vessel Operation’ to ISS Philadelphia followed a full


Aker Starts Building First Product Tanker for Crowley

Aker Philadelphia Shipyard, Inc. (APSI), the wholly-owned U.S. subsidiary of Aker Philadelphia Shipyard ASA (Oslo: AKPS), began production activities today on the first product tanker that it is building for its joint venture with Crowley. Crowley and APSI have signed contracts for the first four


Kværner to Play Part in Construction of Enormous Offshore Spar Platform

The Stord shipyard: Image courtesy of Kværner

Norway's Kværner ASA say that Technip Norge AS has awarded them a sub-contract for the Fjord Base and Support Services up-ending and preparation for mating operations of the sub-structure for the Aasta Hansteen Spar platform. With a total length of 198 meters


 
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