Matson, Aker Ink Shipbuilding Deal

marinelink.com
Wednesday, November 06, 2013
Artist's Depiction of 3,600 TEU containerships

Matson Signs Contract With Aker Philadelphia Shipyard For Two New "Aloha Class" Containerships, First Ship To Be Named The Daniel K. Inouye.


Matson, Inc., a U.S. carrier in the Pacific, announced today that its subsidiary, Matson Navigation Company, Inc., has signed a contract with Aker Philadelphia Shipyard Inc. (APSI) to build two new 3,600 TEU containerships for an aggregate price of $418 million.  The new vessels will be equipped with dual fuel engines that have liquefied natural gas (LNG) capability and are expected to be delivered in the third and fourth quarters of 2018.  Matson also announced that the first of the two new ships will be named after the late Senator Daniel K. Inouye, who was a longstanding supporter of the U.S. maritime industry and its role in supporting Hawaii's economy.    

"We are pleased to introduce the Aloha Class containership, built specifically to meet Hawaii's future freight demands with increased cargo capacity," said Matt Cox, president and CEO, Matson.  "The new ships are designed to accommodate the diversified mix of cargo needed to support the state's economy and will boost our capacity for moving 45-foot containers and refrigerated cargo.  The ships will also carry construction materials more effectively.  Most importantly, this considerable investment underscores Matson's long-term commitment to providing Hawaii with a strong, reliable lifeline to and from the U.S. Mainland."

 

"The decision to name the first Aloha Class ship in honor of Senator Inouye was a natural one," Cox continued.  "He left an unparalleled legacy in Hawaii history, and was a true champion of the U.S. Merchant Marine.  He is recognized throughout the maritime industry as one of its most powerful advocates.  Having a modern, U.S.-flag containership dedicated to serving Hawaii bear his name is an appropriate tribute to this great man." The 850-foot long vessels will be the largest Jones Act containerships ever constructed and are designed to operate at speeds in excess of 23 knots, ensuring timely delivery of goods in Hawaii.  Importantly, the ships will also be able to navigate safely into some of Hawaii's smaller ports.


The new vessels will incorporate a number of "green ship technology" features such as a fuel efficient hull design, dual fuel engines, environmentally safe double hull fuel tanks and fresh water ballast systems.  "These state-of-the-art advancements are important to Hawaii as a means to reduce fuel consumption, resulting in significant emission reductions over time in our home trade," Cox said.

 

Aker Philadelphia Shipyard is a leading U.S. commercial shipyard constructing vessels for operation in the Jones Act market.   The shipyard delivered four newly-built Jones Act containerships for Matson between 2003 and 2006.  
"We have a proven track record of building containerships and are greatly looking forward to being partnered with Matson again," said Aker Philadelphia Shipyard President and CEO Kristian Rokke.  "The winning of this order provides the shipyard significant backlog and valuable visibility out to 2018."

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

Contracts

Asia Dry Bulk Capesize Rates Stay Flat

Rates for capesize bulk carriers on key Asian routes are set to remain in the doldrums next week, staying flat or gaining just a few cents as an oversupply of ships weighs on cargo availability,

ISC Profit Slip in Q2 2014 but Pay Dividend

International Shipholding Corporation (ISC) has announced financial results for the quarter ended June 30, 2014, summarized here: Net Loss he Company reported a net loss of $664,

BMT Oceanica Wins Major Water Corporation Bid

Marine and coastal environment specialist, BMT Oceanica (BMT), a subsidiary of BMT Group Ltd, is delighted to announce that it has won the bid to provide Ocean

Shipbuilding

Fincantieri to Build Third New Princess Cruises Ship

Fincantieri says it has signed an agreement with Carnival Corp. to build  the new cruise ship for its Princess Cruises brand at a cost of about 600 million euros.

ATB Barge Project for Murray & Associates

Murray & Associates, LLC has been commissioned to deliver a comprehensive design package for an 185,000 BBL Chemical Tank Barge new construction project. The

Gladding-Hearn Builds New Boat for Delaware Pilots

The Delaware pilots association has ordered its third pilot boat of the popular Chesapeake class from Gladding-Hearn Shipbuilding, Duclos Corporation. Delivery

Finance

Asia Dry Bulk Capesize Rates Stay Flat

Rates for capesize bulk carriers on key Asian routes are set to remain in the doldrums next week, staying flat or gaining just a few cents as an oversupply of ships weighs on cargo availability,

ISC Profit Slip in Q2 2014 but Pay Dividend

International Shipholding Corporation (ISC) has announced financial results for the quarter ended June 30, 2014, summarized here: Net Loss he Company reported a net loss of $664,

Hornbeck Offshore Ride High on Q2 2014 Results

Hornbeck Offshore Services, Inc. has announced its financial results for the second quarter ended June 30, 2014.  Following are highlights for this period and excerpts

Container Ships

Hamburg Süd Opens Office in Nanjing

On August 1, Hamburg Süd will open an office in Nanjing, China, to be headed by general manager Steven Pu. Hamburg Süd now operates from 20 locations in Greater China.

Kenya's Mombasa Port Traffic Up 13% in H1

Container traffic through Kenya's biggest port grew by 12.8 percent in the first six months of the year after new cargo handling infrastructure was built to shorten the turnaround time for ships.

HHLA Creates 50 Jobs at Container Terminal Burchardkai

Hamburger Hafen und Logistik AG (HHLA) said it needs 50 additional commercial employees for the container terminal Burchardkai (CTB). The company continues its

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Pod Propulsion Salvage Ship Repair Shipbuilding / Vessel Construction Sonar
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: 0.1957 sec (5 req/sec)