Philly Shipyard Lays Keel for Second APT Tanker

Maritime Activity Reports, Inc.

May 20, 2016

Philly Shipyard, Inc. (PSI) held a keel laying ceremony for the second product tanker in a four vessel order for Kinder Morgan, Inc. subsidiary American Petroleum Tankers (APT).
 
Representatives from Philly Shipyard and Kinder Morgan were in attendance to place coins on one of the keel blocks before the 650 ton unit was lowered into place in the dry dock. 
 
When completed in 2017, the product tanker will be 600 feet long and capable of carrying 50,000 tons of crude oil or refined petroleum products. The Tier II 50,000 dead weight ton (dwt) product tankers are based on a Hyundai Mipo Dockyards (HMD) design which incorporates numerous fuel efficiency features, flexible cargo capability and the latest regulatory requirements, the builder said. The vessels will be constructed with consideration for the use of LNG for propulsion in the future.
 
Philly Shipyard, a wholly-owned U.S. subsidiary of Philly Shipyard ASA, is currently building four product tankers for APT, with deliveries planned through 2016 and 2017.
 
Also under construction at the shipyard is one 50,000 dwt product tanker for Crowley Maritime Corporation with a planned delivery during Q3 2016 and two 3,600 TEU containerships for Matson Navigation Company, Inc. with planned deliveries in Q3 2018 and Q1 2019.
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