Aker Philly Reaches Benchmarks on Tankers

Tuesday, August 28, 2007
With two tanker vessels already delivered on charter and in service to Overseas Shipholding Group, Inc. (OSG), Aker Philadelphia Shipyard, Inc. (APSI) has achieved major milestones on two subsequent vessels in the build program. The third product tanker in the series, Hull 007, has been floated from its berth in the yard's Building Dock, and steel cutting has been initiated for Hull 010, the sixth vessel in the series, marking start of production on that ship.

The yard's massive Building Dock was flooded on Saturday, August 25, lifting Hull 007 off its keel blocks in advance of the ship's move to the nearby Outfitting Dock, where testing and commissioning of the vessel will take place. Like its two predecessors, Hull 007's construction is being financed by a loan facility with Caterpillar Financial Services Corporation(Cat Finance).

When completed later this year, the ship will join its two predecessors in American Shipping Corporation's (ASC) fleet. The series of double-hulled, environmentally friendly product tankers are owned by ASC, a sister company of the yard, and are bareboat chartered to OSG, who in turn time charter the vessels to end users. Two days after floating the third tanker, steel cutting for the sixth vessel in the series commenced on Monday, August 27. The first steel plates were cut on one of the yard's two state-of-the-art plasma cutting machines, and will be used in the construction of engine room sections for Hull 010, the tenth vessel built by the yard since it returned shipbuilding to Philadelphia in 2000. With two other tankers also in production, the yard now once again has four of the 600-foot long MT 46 Veteran Class tanker vessels under construction simultaneously.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter May 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Iranian Port Deal: Modi's Masterstroke

Indian Prime Minister Narendra Modi signed a deal to develop the Chabahar port in Iran for which India will extend $500 million. The historic pact makes Chabahar

Winners of Ferry Design Contest Selected

Winners of International Student Design Competition for a Safe Affordable Ferry to be revealed at the Ferry Safety and Technology Conference   Dr. Roberta Weisbrod,

Maritime Consolidation: Palfinger Aims to Acquire Harding

As maritime markets continue to struggle, merger and acquisition activity should heat up. Today, Austria's Palfinger Group announced that it intends to acquire

Tanker Trends

TORM CFO Zacho Resigns

Mads Peter Zacho, Chief Financial Offer at TORM, has resigned to become Chief Executive Officer at J. Lauritzen A/S. Mads has been with TORM since 2013 and will

Alfa Laval PureNOx Prime Ordered for Five VLECs

Alfa Laval’s new PureNOx Prime solution for water treatment in Exhaust Gas Recirculation (EGR), will be part of EGR systems on five very large ethane carriers

NASSCO Delivers Second ECO Tanker to APT

On Thursday, May 19, shipbuilders at General Dynamics NASSCO delivered the Magnolia State to longtime customer American Petroleum Tankers (APT). The ECO Class tanker

 
 
Maritime Security Maritime Standards Pod Propulsion Port Authority Salvage Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0845 sec (12 req/sec)