Marine Link
Monday, September 26, 2016

Kvaerner Philadelphia Places $60 Million Worth Of Supply Orders

November 21, 2000

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.



Maritime Reporter Magazine Cover Sep 2016 - Maritime & Ship Security

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News