Kvaerner Philadelphia Places $60 Million Worth Of Supply Orders
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.
New CEO at Kvaerner Philadelphia Shipyard
David E. Meehan has been appointed President & Chief Executive Officer of the Kvaerner Philadelphia Shipyard on the U.S. Atlantic Coast. He will replace Gunnar Skjelbred who has headed the yard since 2002. With the recent successful delivery of the first newbuild ship at the yard since 1972, Matson's container vessel Manukai, Kvaerner Philadelphia Shipyard has moved into a new stage. The new CEO and the team at the yard will now work to strengthen the foundation for a sustainable shipbuilding operation. "Key priorities will be to continue to improve the cost base and productivity, while at the same time working closely with potential customers to secure new shipbuilding contracts," David Meehan explained.
Graykowski Appointed VP at Kvaerner Shipyard
John Graykowski has joined Kvaerner Philadelphia Shipyard, Inc., as Senior Vice President & General Counsel. John will take up his duties on February 1, 2003. Graykowski will report to Gunnar Skjelbred, President & CEO, Kvaerner Philadelphia Shipyard, and will be responsible for all aspects of marketing, external relations and Legal Affairs. Since 2000, John was a Partner with Blank Rome LLP (formerly Dyer Ellis & Joseph). Prior to joining the firm, Graykowski was Acting Administrator and Deputy Administrator of the Maritime Administration, U.S. Department of Transportation from 1994 to 2000. While at MarAd, Graykowski was responsible for implementing the National Shipbuilding Initiative (NSI)…
Matson To Build Pair of Containerships in Philadelphia
Matson Navigation Company, Inc.'s (Matson)today signed a contract with Kvaerner Philadelphia Shipyard Inc. the purchase of two new containerships. late 2003 and in 2004, respectively. quality and value," said C. executive officer. carrier. R. J. the U.S. domestic offshore trades. dry containers. Jones Act vessels at a relatively low cost. as a world class commercial shipyard. Kvaerner Philadelphia Shipyard. in Kvaerner's ability to build high quality ships. Philadelphia Shipyard was built to provide U.S. ships at realistic prices for the dedicated trades of the U.S. Act. customers," Mulholland added. enhanced its fleet to meet the changing needs of our customers. open-top vessels.
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.
Kvaerner Makes Commitment to Philadelphia Shipyard
Even if Kvaerner Group is unsuccessful in selling its Philadelphia operation, Europe's largest shipbuilder does not plan to leave the shipyard high and dry. The firm announced it will sell or close its 13 shipyards around the world due to low profits, but would try to find a buyer for the Philadelphia shipyard. If a buyer is not found, "then Kvaerner must continue," said Harald Rafdal, CEO of Kvaerner Philadelphia Inc., sending a signal the shipping giant would not abandon the Philadelphia operation. The company was to be the prime tenant of a shipyard revitalization that would receive $430 million in state, city and federal subsidies, in return for an estimated 1,000 shipbuilding jobs and up to a total of 8,000 new jobs over time, including jobs created by suppliers.
Cancellation Clause Waived for $190M Contract
Matson Navigation Company Inc has waived a cancellation clause in the $190 million contract with Kvaerner Philadelphia Shipyards Inc for delivery of two container vessels. The contract was signed in May 2002, but it has not been recognised as a firm order and included in Aker Kvaerner’s order reserve before. The two diesel-powered vessels, with a capacity for 2,600 containers (twenty-foot equivalent units) each, will cost approximately US$110 million per ship, including owner’s costs, and will be deployed in Matson’s Hawaii service when construction is completed in 2003 and 2004, respectively.
SOCP Agenda Focuses on Maritime Security
The Ship Operations Cooperative Program (SOCP) will convene in Philadelphia, Pa., on June 11-12, 2002 at the Naval Surface Warfare Center. The meeting will feature Captain William G. Schubert, Maritime Administrator, U.S. Department of Transportation as the speaker, with invited speakers including: Ronald McAlear, CEO, Kvaerner Philadelphia Shipyard and Robert K. Kurz, President, Keystone Shipping Co. The meeting will also include panel presentations focusing on maritime security and current maritime legislation, and technical presentations.
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. Daniel K. Inouye, at Kvaerner Philadelphia Shipyard on July 12, 2003.
Kvaerner Appoints Smith VP Business Development
In another significant executive move at its Philadelphia shipyard, Kvaerner announced the appointment of Brian M Smith, as Vice President, Business Development. Until recently, British born Brian Smith held a similar position with Litton Ship Systems, in New Orleans, where he since 1996 has been employed as Director - Business Development/ Strategic Planning. He will take up his position with Kvaerner in Philadelphia during mid November. Smith is a well-established figure within the American commercial shipbuilding market. Prior to his joining Avondale in 1996, Mr. Smith worked extensively in the marketing, strategic planning and business development area, much of it within the maritime industry.
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. Philadelphia. Speaking at the inauguration of the new yard today in Philadelphia, which was coupled with the keel laying of the first ship that has been under construction at the yard since March 2000, Tom Ridge said: "Think about it. Just two years ago, commercial shipbuilding no longer existed in Philadelphia. "In more ways than one, we're building for the future." said Ron McAlear, President of Kvaerner Philadelphia Shipyard.
Kvaerner, OSG In 10 Jones Act Ship Deal
Kvaerner ASA and Overseas Shipholding Group, Inc. signed an agreement in principle in which Kvaerner Philadelphia Shipyard, Inc. subsidiary which will bareboat charter them to subsidiaries of OSG for initial terms of five or seven years, with extension options for the charterer. For Kvaerner, the proposed transaction is valued at more than $500 million. The agreement in principle is subject to, among other conditions, approval by the Boards of Directors of Kvaerner and OSG, preparation and execution of final agreements and relevant government approvals. "The proposed construction of ten Jones Act Product Tankers by KPSI is one of the largest commercial ship building transactions undertaken by a U.S.
MARAD Approves Title XI Funding Containerships
The U.S. Maritime Administration (MARAD) issued a Bulletin announcing that it has approved Title XI funding for two U.S.-flag containerships. The ships are will be built in the Kvaerner Philadelphia Shipyard for Matson Navigation Company.
Union Fights Aker Over Foreign Parts
The Philadelphia Inquirer has reported that the Department of Homeland Security has rejected an AFL-CIO complaint about use of foreign-made parts at the Philadelphia shipyard, prompting the union to vow a political fight over U.S. shipbuilding protections. The Metal Trades Department of the AFL-CIO asked the Coast Guard, part of Homeland Security, in mid-May to review Aker Philadelphia Shipyard Inc.'s construction of 10 tankers based on a design bought from South Korea's Hyundai Mipo Dockyard and using components procured through Hyundai. The union claimed that Aker was violating the Jones Act, a law intended to protect U.S. shipbuilding by allowing only U.S.-made ships to be certified to ply U.S. ports. Aker, a unit of Norway-based Aker A.S.A.
SOCP's Philadelphia Agenda Includes Maritime Security
The Ship Operations Cooperative Program (SOCP) invites maritime industry representatives to attend the SOCP's June 11-12, 2002, meeting in Philadelphia, PA. Join SOCP at its public meeting at the Naval Surface Warfare Center in Philadelphia. Hear featured luncheon speaker, CAPT William G. Schubert, Maritime Administrator, U.S. Department of Transportation and guest dinner speaker Mr. Ronald McAlear, CEO, Kvaerner Philadelphia Shipyard. Participants will also hear from Ms. Cleopatra Doumbia-Henry, Deputy Director, ILO, on Maritime Security and the Maritime Workforce; CAPT Ernest Fink, USCG-National Maritime Center on Licensing Program Reengineering and STCW Update; and a panel presentation on maritime security, moderated by James J. Zok, U.S. Maritime Administration.
BP to Charter Two OSG-Controlled Product Carriers
Overseas Shipholding Group, Inc. Kvaerner Philadelphia Shipyard. U.S. market. Aker and OSG announced the 10-ship program in April 2005. 2006, took place in the yard's dry dock in October. beginning of steel cutting for the ship in late November.
Union Questions Aker Philadelphia's Jones Act Compliance
According to the Philadelphia Inquirer, the AFL-CIO accused Aker Philadelphia Shipyard Inc. of undercutting the struggling U.S. shipbuilding industry by using too many foreign-made components in its new vessels. Aker, formerly Kvaerner Philadelphia Shipyard, denied the allegations, and asserted it is leading the industry's rebirth by expanding its business using mostly local workers and suppliers. The war of words began after the labor federation's Metal Trades Department, representing about 600 Philadelphia shipyard workers, said Thursday that it was asking the Coast Guard to probe Aker's use of components and prefabricated parts from Hyundai Mipo Dockyard and other South Korean companies.
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. shipbuilding. shipyards in Europe, USA and Brazil. the largest shipyard groupings in the world. combine their shipbuilding activities when the time is right. in which immediate synergies have been identified. management at each yard have studied alternative forms of cooperation. joint leadership team was established earlier this year. competitiveness.
Manukai’s Delivery Voyage – In Real Time
Matson Navigation Company’s new MV Manukai has commenced with its delivery voyage and is currently traveling from the U.S. East Coast to the West Coast, via the Panama Canal. The ship will then enter Matson’s Hawaii Service, with the inaugural voyage scheduled for October 1 from Los Angeles to Honolulu. The ship is the first to be built by Kvaerner Philadelphia Shipyard, Inc. and the first new Matson ship of the 21st century. Utilizing today’s GPS technology, the ship’s voyage can be tracked on Matson’s “Birth of a Ship” Web site at www.matson.com/bos. By clicking on the “Track the Manukai” link below, detailed info on the vessel’s geographic position can be accessed.
McAlear Named CEO Of Kvaerner Philadelphia Shipyard
Kvaerner, the Anglo-Norwegian engineering and construction Group, has elected Ronald J. McAlear, as CEO of its Philadelphia Shipyard. He replaces Baard Bale, who has been acting CEO of the yard since June, and will be returning to Kvaerner's international headquarters in London in December. McAlear has spent his entire professional career in the maritime industry, and currently holds a senior executive position with Litton Avondale Industries. He will assume his new position with Kvaerner in Philadelphia at the beginning of November. McAlear, a well-known figure within the U.S. shipbuilding industry, boasts a solid background in shipbuilding, ship repair, ship-operations and marine equipment marketing and manufacturing.
Kvaerner and Aker Join Forces in Shipbuilding
Kvaerner announced that it has agreed with Aker RGI Holding to establish a jointly owned shipbuilding management company. Together, the two groups own 12 shipyards in Europe, and one in the USA and Brazil. These yards have a total of some 13,500 employees with combined revenues of $2.2 billion. Kvaerner and RGI have on a number of previous occasions stated the intention to merge their respective shipbuilding operations in the future. The parties have, however, agreed to postpone such negotiations until a better assessment of the financial and operational issues have been concluded, and until such time as the value of the operations can be more precisely determined. that the value of their respective operations will increase through the establishment of a joint management company.
Shipbuilding R&D Supported
The National Shipbuilding Research Program Advanced Shipbuilding Enterprise (NSRP ASE) announced last month the selection of four new research projects as part of the Navy/Industry co-funded portfolio of 33 projects. The four new projects are valued at $10.3M, including industry cost share. Project: A Lean Enterprise Model for U.S. Participants: Atlantic Marine Holding Co., Todd Pacific Shipyards, Bath Iron Works, Puget Sound Naval Shipyard, and five others. Funding: 3.8M NSRP ASE, $3.8M industry cost share. Description: The principal objective of this project is to complete a comprehensive model for the application of lean manufacturing concepts to multiple market segments of the U.S. shipbuilding and repair industry.
History Repeats Itself In the “City of Brotherly Love”
A new development within the realm of U.S. Shipbuilding — the new Kvaerner Philadelphia Shipyard (KPSI) is poised to be one of the most efficiently outfitted commercial shipyards in the world. The shipbuilding company, which occupies approximately 114 acres on what used to be the Philadelphia Naval Shipyard, utilizes a section of the former Naval yard, which was closed down in 1996 by the U.S. Government due to lack of funds. Further revitalizing this historical landmark, was KPSI's decision to utilize the yard's original drydocks that date back to WWII. But the facility is hardly stuck in the 1940s as it boasts a full array of modern shipbuilding technology and systems. Recently, Ron McAlear, hailing from Litton Avondale and a U.S.