FastShip, Inc. has reached an agreement with Philadelphia Gear Corporation to supply sophisticated transmission equipment for the company's high-speed trans-Atlantic fleet. The $35 million order is the largest in Philadelphia Gear's 100-year history, bringing more than 100 direct and indirect jobs to the region. Per the agreement, Philadelphia Gear will supply 20 gearboxes - five in each of FastShip's initial four vessels - plus one spare gearbox and additional parts, as well as a 10-year service maintenance package. The gears will help generate power for the vessels equivalent to two and a half times that of a jumbo jet. Philadelphia Gear will also participate in vendor financing of FastShip, which intends to complete its total financing package by year-end 1999. The gearboxes will link the five Rolls-Royce marine Trent engines to Kamewa water jets, delivering a total of 250 Mw or 335,000-hp. This propulsion package will enable the 860 ft. (262 m) vessels, carrying a 10,000-ton payload, to complete the passage from Philadelphia to Cherbourg in less than four days, while sustaining speeds up to 40 knots.
Columbia Coastal Transport has added five additional vessels to its fleet of container barges that provide container feeder and project cargo services. The additional barges, which range in capacity from 112 to 660-teus, were previously owned by Hale Trans of Baltimore, Md. The newly attained barges will be updated with Columbia's specifications, and will be outfitted with new lashing gear and state-of-the-art power packs for transporting reefer cargo
Royal Caribbean International will temporarily use the port of Philadelphia for its ship Nordic Empress, to sail to and from Bermuda. The change is being made as a result of Tuesday's terrorist attack in New York, and its impact on activities at the Port of New York. The Royal Caribbean ship Nordic Empress will arrive in the port of Philadelphia on Sunday, September 16, at approximately 7 a.m., at which time the cruise line will have special staff at the port to assist guests with both
A South Korean shipbuilder said that it will be building additional tankers and container ships at the old Philadelphia Navy Yard. The parent of Aker Philadelphia Shipyard Inc. said its expanded deal with Hyundai Mipo Dockyard Co. Ltd. covers an additional six tankers as well as exclusive rights for container ships. Under a 2004 deal, Hyundai Mipo has been providing design and procurement services for a series of 10 tankers currently under construction in Philadelphia.
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
Port Authority of PA and New Jersey Pennslyvania Governor Edward G. Rendell announced his appointment of John J. Dougherty to the Delaware River Port Authority of Pennsylvania and New Jersey (DRPA). Governor Rendell, DRPA's chairman, appointed Dougherty to a five-year term. DRPA is a regional transportation and economic development agency that serves southeastern Pennsylvania and southern New Jersey. The Authority owns
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
A plan is underway to develop the Port of Philadelphia into a major best-in-class East Coast container facility with the potential of employing some 175,000 people and handling more than 3.5 million containers annually. Two major American terminal operators and an investment firm have already expressed interest in developing and operating container handling facilities under the new port development plan. However, the entire development is being jeopardized by the proposed relocation of
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 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
On 4 November 2015, the Board of Directors of Aker Philadelphia Shipyard ASA resolved to pay a dividend to the shareholders of AKPS as of expiry of 10 November 2015, of USD 0.25 per share, in aggregate USD 3,026,975.25. The dividend is classified for accounting purposes as a repayment
VesselsValue’s new Small Dry module provides values for MPPs (and heavy-lift), single and tweendeckers, small handys and general cargo vessels. On the heels of its November 2015 launch, VesselsValue delves deeper into the sector’s nuances, premiums and discounts.
Lifting Gear Hire (LGH) and Industrial Training International (ITI) have partnered to offer training for prospective rigging students. ITI will offer both network training courses – Rigging Gear Inspector Levels I & II and Lift Director & Critical Lift Planning – to students
The car carrier Viking Emerald got steering gear failure and ran aground off Woodland, Washington. The vessel, owned by Norway’s Gram Car Carriers and managed by OSM Ship Management in Singapore, was refloated several hours later with the help of tugs, and resumed voyage
Crowley Maritime Corp. took delivery of Ohio, the first of four new, Jones Act, product tankers this week from Aker Philadelphia Shipyard, Inc. (APSI), the wholly-owned U.S. subsidiary of Aker Philadelphia Shipyard ASA. The delivery is momentous not only for Crowley
Matson, Inc., a U.S. carrier in the Pacific, announced that production has begun on its two new Aloha Class containerships following a steel cutting ceremony at Aker Philadelphia Shipyard Inc. (APSI) in Pennsylvania. Matson subsidiary Matson Navigation Company, Inc
The Arleigh Burke-class guided-missile destroyer USS Porter (DDG 78) hosted a group of 9th and 10th grade students from the International School of Vlore, Albania for a career day and cultural learning event Sept. 26, 2015. The community relations (COMREL) event was intended to
On Thursday evening, October 1, 2016, the ship EL FARO went missing. The ship was en route from Jacksonville, Florida to San Juan, Puerto Rico. On Monday, four days after the ship vanished, the Coast Guard concluded it sank near the Bahamas in about 15,000 feet of water
Thordon Bearings has signed a contract to supply COMPAC seawater-lubricated propeller shaft bearing solutions to two Jones Act containerships under construction at the Aker Philadelphia Shipyard Inc. (APSI) for Matson Navigation Company, Inc.
CMA CGM has made a service upgrade in New Zealand by adding a new call in Wellington on its Panama Direct Line (PAD) service starting November 23rd. The PAD service offers a connection between Europe, the US East coast, Australia and New Zealand via the Panama Canal.
Vessel speed restrictions have been set in hopes of helping to protect endangered North Atlantic right whales by reducing the likelihood of collisions between ships and marine life, GAC reports. The U.S. Coast Guard (USCG) Sector Delaware Bay has advised mariners of the speed restrictions
RSC Bio Solutions announced that its EnviroLogic 210EP readily biodegradable gear oil has been approved for use in Thrustmaster gearboxes and thrusters. With this approval, Thrustmaster has extended its existing relationship with RSC Bio Solutions
The Dutch fishing cooperative YE 118 Noordland BV has taken delivery of its new shellfish dredger from Damen Maaskant Shipyards Stellendam. While the vessel shares the same hull design as other fishing vessels built previously at the yard
Four-ship series built to ABS class is first to take advantage of LNG-Ready approval for potential conversion to LNG fuel in the future ABS has issued the first LNG-Ready approval in accordance with its Guide for LNG Fuel Ready Vessels to a product tanker
Crowley Maritime Corp. today christened the first of four new Jones Act product tankers at the Tampa Cruise Terminal. The 50,000 dead-weight-tons (dwt), 330,000-barrel-capacity ship Ohio is the first tanker ever to receive the American Bureau of Shipping’s (ABS) LNG-Ready Level 1 approval