Construction Begins on Fourth Tanker in Philly

Wednesday, April 25, 2007
Work on the fourth tanker in Aker Philadelphia Shipyard's current build program reached a milestone with keel laying in the yard's Building Dock. The first section of the double-hulled product tanker scheduled for completion in 2008 was set in the dock adjacent to the third tanker in the series, also currently under construction. As part of the ceremony, coins were placed under the keel block recreating a long-standing tradition whereby shipbuilders hide special coins in the keel section of a ship as a permanent symbol of good fortune and safe travels. Anton Roaldset, Vice President of Procurement, represented Aker American Shipping in the ceremony, with Andrew Hake and Greg Marchese of Overseas Shipholding Group's (OSG) site office at the yard participating on OSG's behalf.

Upon completion, the MT46 Veteran Class tankers will be 600 feet in length and be capable of transporting the equivalent of 14 million gallons of liquid product. The first ship in the program, the Overseas Houston, was delivered earlier this year and is currently in service to Shell Oil Company. The series of up to 16 product tankers will be owned by American Shipping Corporation, a subsidiary of Aker American Shipping, and chartered to OSG. To date, nine of the tankers are under signed time charter, with agreements in place between OSG and Shell, BP and Tesoro.

Maritime Reporter October 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

MacGregor Deck Equipment for Intership's Eco-bulkers

MacGregor, part of Cargotec, has secured a deck equipment contract from New Times Shipyard in China for Intership Navigation Co Ltd.'s three new 36,500 dwt laker-class bulk carriers.

Seacor Takes Delivery of 10,800 HP Crewboat

Seacor Marine is building ever larger and more powerful mono-hull crew/supply boats. The first of these to be delivered is the 202x34-foot Alex F. McCall with some very impressive statistics.

Choosing the Best Financing Proposal

It isn’t always about the rate. In a robust boatbuilding market – like the one we see now – even the most successful, financially stable operators need to borrow.

 
 
Maritime Careers / Shipboard Positions Maritime Security Navigation Pod Propulsion Port Authority Salvage Ship Electronics Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | 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: 0.1118 sec (9 req/sec)