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Kvaerner Philadelphia

First Ship Nearing Completion at Kvaerner Philadelphia

The MV Manukai, Kvaerner Philadelphia Shipyard's first ship, was floated out of the building dock this weekend. The 712-ft. container ship being built for Matson Navigation was towed to the outfitting dock for its final outfitting phase. The $110 million ship which is constructed entirely of American-made materials, including Bethlehem steel, will be deployed to its home base in Honolulu upon completion, and will sail between Hawaii, Seattle and Oakland. Construction is under way at the yard on its sister ship.


Matson’s Manukai Heads Toward Panama Canal

Kvaerner Philadelphia Shipyard, Inc. (KPSI), of Philadelphia, PA., today delivered the M.V Manukai, a CV 2600 Philadelphia Class Containership. This is the first ship to be constructed at the new yard located in the former Philadelphia Naval Base. The M.V. Manukai is the first ship in a series of two containerships to be built for Matson Navigation Company, a shipping company based in San Francisco, CA. The U.S. Jones Act ship was christened by Margaret Inouye, wife of Hawaii Sen


Kvaerner Philadelphia Shipyard Signs $240 Million Letter of Intent for Four Ships

Kvaerner, the Anglo-Norwegian engineering and construction Group, today announced that it has received a Letter of Intent from Keystone Shipping Company of Pennsylvania, for the construction of four handy- sized (40,000 dwt) clean product carrier vessels. The total value of the award amounts to approximately $240 million. The vessels are to be built at the new state-of-the-art shipyard in Philadelphia, formally opened today by Tom Ridge, the Governor of the Commonwealth Pennsylvania


Kvaerner, RGI to Establish Joint Ownership for Shipyards

Aker Kvaerner and Aker RGI have entered into an agreement to establish a joint ownership for their wholly owned shipyards in Germany, respectively Kvaerner Warnow Werft and Aker MTW. Among other conditions, the agreement is dependent on approval from Aker Kvaerner's and Aker RGI's lenders. The aim is to implement the new ownership by the end of 2002. Aker Kvaerner will own 40 percent of the two yards. In February Aker Kvaerner and Aker RGI began working closely together in


The Best of Both Worlds

Oslo-based Aker Kvaerner Yards is irony in action. It serves an ancient industry dominated by older generation, yet is led by a fresh faced young executive. It prospers in a capital and equipment intensive market, yet is helping to re-define some of these relationships via the Internet. The organization is the largest shipbuilding consortium in Europe, yet good prospects for growth lie in smaller, compact yards.


Kvaerner Drops Plan To Dump Shipyards

Kvaerner ASA has postponed a planned sale of its Masa-Yards Finnish shipbuilding unit in a new setback to its goal of exiting shipbuilding. Kvaerner said it had failed to find a right buyer for Masa-Yards, which specializes in building cruise ships and has an order reserve of $2.6 billion, and would instead concentrate on raising the unit's profitability. "Talks (about a sale of Masa) have not led to a satisfactory agreement," the company said in a statement


New Board at Kvaerner Masa-Yards

A new Board of Directors has been elected for Kvaerner Masa-Yards Inc.. Chairman: Leif-Arne Langøy (President and CEO, Aker Kvaerner Yards AS) Members: Jorma Eloranta (President and CEO, Kvaerner Masa-Yards Inc.), Karl Erik Kjelstad (Executive Vice President, Aker Kvaerner Yards AS), Oddvar Slettevold (Executive Vice President, Aker Kvaerner Yards AS) and Trond Ø. Westlie (Chief Financial Officer, Kvaerner ASA). Aarne Ukkola and Jorma Malinen continue as representatives of the personnel.


Contract Signed for SemiSub Platform

Statoil and Aker Kværner has signed the contract worth approximately NOK 8 billion for the semisubmersible platform to be located at the Gjøa field offshore Norway. This is in accordance with the memorandum of understanding presented in Aker Kvaerner's disclosure to the Oslo Stock Exhange at 29 September 2006. The scope of work to be performed by Aker Kvaerner will be detail design of topside and hull, procurement, construction and hook-up of topside, and mating of topside and hull


Aker Kvaerner Deepwater contract for GOM

Chevron, with partner Kerr-McGee, has awarded Aker Kvaerner, Inc. the semisubmersible hull and mooring system contract for their Blind Faith project in the Gulf of Mexico. The contract has a total value of approximately $120 million. Aker Kvaerner's scope of work includes engineering, procurement, construction and transportation. The award is a recognition of the deepwater competence in Aker Kvaerner. The Blind Faith platform to be located in the Mississippi Canyon 650 block


Kvaerner Taking Advice on Strategic Growth Alternatives

Kvaerner rig topside: File photo

Kvaerner says it is exploring new strategic opportunities to further strengthen its business and has retained Greenhill & Co. International LLP to advise on evaluating all strategic alternatives.  Kvaerner has during the first half of 2014 delivered several key oil and gas projects on schedule, won new key contracts and continued to implement cost reduction measures. The company's Board of Directors says it is pleased with how Kvaerner has built a strong position as a competitive


PA Pipeline Spat Could Upend International Oil Flows

File Image (CREDIT: AdobeStock / (c) Sharrif CheLah)

Refiners from the Midwest United States are fighting for access to a vital Pennsylvania pipeline – a move that could cripple their East Coast competitors and redraw the map for international flows of crude and fuel into coveted coastal markets.  


Kvaerner Lifts 2017 Forecast

File Image (CREDIT: AdobeStock / (c) Nightman)

Kvaerner, the Norwegian builder of oil platforms, lifted its 2017 outlook on Monday as a slump in the oil sector eased with a year-on-year lift in crude prices.   Kvaerner's clients, oil companies, have reported forecast-beating earnings so far in this quarter


Norsafe Lifeboat Systems Ordered for Njord A Platform

Photo: Norsafe

Norsafe has received orders from Kværner relating to the delivery of new lifeboat systems to Statoil’s Njord A platform. Norsafe will supply three lifeboat systems of its largest freefall lifeboat, the GES 52, with compatible davits


New Tug, Barge Enter Service for Vane Brothers

Photo: Vane Brothers Company

Marine transportation provider Vane Brothers has added two newly constructed vessels to the company’s growing fleet: the 4,200-horsepower tugboat Philadelphia and the purpose-built asphalt barge Double Skin 510A.   Primarily tasked with towing petroleum barges engaged in the North


St. Johns Delivers for Vane Brothers

Philadelphia is the fifth of eight new tugs being built by St. Johns Ship Building for Vane Brothers (Photo: St. Johns Ship Building)

St. Johns Ship Building has delivered the newly built tug Philadelphia to owner Vane Brothers.   Philadelphia is the fifth of eight new hulls for Vane Brothers in the Elizabeth Anne tug series consisting of 100 feet LOA, 4,200 HP twin screw tugs.  


Conrad Delivers Barge to Vane Brothers

Photo: Conrad Shipyard

Conrad Shipyard recently delivered the DOUBLE SKIN 510A, a 55,000-BBL capacity asphalt barge, to the Vane Brothers Company of Baltimore, Md.   The DOUBLE SKIN 510A was constructed at Conrad’s Deepwater South facility in Amelia, La. and will operate out of Philadelphia, Pa


Aker Solutions Secures Work for Njord A Upgrade

Photo: Thomas Sola / Statoil

Aker Solutions will provide design engineering for the upgrading of the semi-submersible Njord A platform in Norway. The company will as a subcontractor of Kvaerner take part in upgrading the platform after operator Statoil exercised an option in an agreement awarded in April 2016


Diana Shipping Announces Time Charter Contracts for Philadelphia

M/S Philadelphia. Photo:  Diana Shipping Inc

 Diana Shipping has announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping Pte. Ltd., Singapore, for one of its Newcastlemax dry bulk vessels, the m/v Philadelphia.   


Aker Wins Hook-Up Deal for Johan Sverdrup Field

johan sverdrup Photo Statoil

Aker Solutions won a contract from Statoil for the hook-up of the riser platform for the Johan Sverdrup field, Norway's largest offshore development in the past three decades. The company will work closely with subcontractor Kvaerner on joining together the platform's seven modules


New Tug Delivered to Vane Brothers

Delaware (Photo: Vane Brothers)

Marine transportation provider Vane Brothers has taken delivery of the newly built tugboat Delaware, the fourth of eight vessels in Vane’s Elizabeth Anne Class of 4,200-horsepower tugs contracted through St. Johns Ship Building in Palatka, Fla.  


CMA CGM PAD Service to Add a Direct Call at Brisbane

Map: CMA CGM

 CMA CGM has informed that Brisbane, Australia, will be added to the rotation of its PANAMA DIRECT (PAD) service as from m/v HARMONY N voy. 081RPS-082RPN, ETA Brisbane on February 1st, 2017.   This new call will allow PANAMA DIRECT to become the only direct service connecting North


Fatal 'Duck Boat' Crash Blamed on Mechanical Failure -NTSB

A failed front axle on an amphibious "duck boat" led to a deadly Seattle collision between the vehicle and a charter bus that killed five international students, the National Transportation Safety Board found on Tuesday.   The September 2015 incident on the city's busy Aurora


US Marshals Service Detains Tanker in Philadelphia

The U.S. Marshals Service has blocked a vessel headed to the Monroe Energy refinery outside of Philadelphia from leaving the port in connection with a civil court order, the federal agency said.   The order was issued by a civil court judge in Eastern federal court related to failure to


This Day In Naval History: August 18

USS Annapolis (AGMR-1) (U.S. Navy photo)

1838 - The Exploring Expedition led by Lt. Charles Wilkes embarks on a world cruise. 1908 - The first Navy Nurse Corps superintendent, Esther Voorhees Hasson, is appointed. Under her leadership, 19 additional nurses are recruited and trained for naval service during 1908.


First “Neo-Panamax” Calls Port of Philadelphia

Photo: Philadelphia Regional Port Authority

 The first of a new class of “Neo-Panamax” shipping vessels called the Port of Philadelphia to begin a new phase of transport along the Delaware River.   The MSC Sofia Celeste, an 8,800 TEU (Twenty-foot Equivalent Unit) vessel operated by the Mediterranean Shipping Company






 
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