Aker Philadelphia Shipyard, Inc. (APSI), the wholly-owned U.S. subsidiary of Aker Philadelphia Shipyard ASA (AKPS) has released an update regarding an incident that occurred yesterday at its facility. According to Aker, numerous factually incorrect news reports have emerged, and this release was intended to clarify certain points. Aker reported that at approximately 6:50am, maintenance was being performed on the shipyard’s gantry crane when an electrical fault occurred. Following protocol, NAVSES and the Philadelphia Fire Department responded.