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Aker Philadelphia Welcome Back Governor Corbett

Maritime Activity Reports, Inc.

October 25, 2013

Governor Tom Corbett: Photo courtesy of State Office

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 signing of the very same tanker program.

Since Governor Corbett’s initial visit, the yard has reached its steady state employment of over 1,000 employees and has a backlog secured out Q3 2016, with two tankers for SeaRiver Maritime, Inc. underway and four product tankers for Crowley behind them. Governor Corbett toured the shipyard and met with employees to discuss the yard’s current opportunities and commitment to the future. He also spoke with a group of apprentices from the shipyard’s Apprentice Program.

APSI is currently constructing two 115,000 dwt crude oil carriers for SeaRiver Maritime, Inc., ExxonMobil Corporation’s U.S. marine affiliate. The 820 foot long tankers are intended to transport Alaskan North Slope crude oil from Prince William Sound to the U.S. West Coast. Both of these crude oil tankers are scheduled for delivery in 2014.

The shipyard has also signed an agreement to build four 50,000 dwt product tankers for Crowley Maritime Corporation, with deliveries in 2015 and 2016.

For more information on APSI: www.akerphiladelphia.com

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