Philly Shipyard Celebrates Keel Laying Milestone for Fourth Product Tanker for Kinder Morgan
Philly Shipyard, Inc. (PSI), the wholly-owned U.S. subsidiary of Philly Shipyard ASA (Oslo: PHLY), held a ceremonial Keel Laying today for the fourth product tanker in a four vessel order for American Petroleum Tankers (APT), a Kinder Morgan, Inc. subsidiary.
Steinar Nerbovik, Philly Shipyard’s President and CEO, remarked, “Within the last seventeen years of building great ships, we’ve also built great teams and a best in class workforce. The shipyard is a place where you can be a part of something big, and we are always looking for additional skilled men and women to join our family. The new hires participating in today’s Keel Laying have joined over 1,100 other shipbuilders to continue the proud legacy of building and delivering ships right here in the city of brotherly love.”
Philly Shipyard has delivered 25 ships in its 17 year history, including the first product tanker for APT in December 2016. The three remaining product tankers for APT are currently under construction and have planned deliveries throughout 2017. Also under construction at the shipyard are two 3,600 TEU containerships for Matson Navigation Company, Inc. with planned deliveries in Q3 2018 and Q1 2019.
Philly Shipyard is a leading U.S. commercial shipyard constructing vessels for operation in the Jones Act market. It possesses a state-of-the-art shipbuilding facility and has earned a reputation as the preferred provider of oceangoing merchant vessels with a track record of delivering quality ships. Philly Shipyard is listed on the Oslo Stock Exchange and is majority-owned by Aker Capital AS, which in turn is owned by Aker ASA. Aker is a Norwegian industrial investment company that creates value through active ownership. Aker’s investment portfolio is concentrated on key Norwegian industries that are international in scope: oil and gas, fisheries and biotechnology, and marine assets. Aker’s industrial holdings comprise ownership interests in Aker Solutions, Kvaerner, Det norske oljeselskap, Aker BioMarine, Ocean Yield, Havfisk and Akastor.
For more information on the shipyard and its projects, please visit www.phillyshipyard.com.