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Aker Philadelphia Sh (AKRRF) 20.8500 $AKRRF

Aker Philadelphia Shipyard Starts Construction on Third and Fourth Product Tankers for Kinder Morgan
Business Wire - Wed Oct 07, 12:44PM CDT
Aker Philadelphia Shipyard, Inc. (APSI), the sole operating subsidiary of Aker Philadelphia Shipyard ASA (Oslo: AKPS), began production activities today on the third and fourth 50,000 dwt product tankers in a four vessel order for American Petroleum Tankers, a Kinder Morgan Inc. subsidiary (APT). The two product tankers are scheduled for delivery in 2017 and are the culmination of a series of eight product tankers being built at the shipyard for APSI's customers.
KMI: 32.35 (-0.33)

Aker Philadelphia Shipyard Starts Construction on Aloha Class Containerships for Matson
Business Wire - Thu Oct 01, 10:19AM CDT
Aker Philadelphia Shipyard, Inc. (APSI), the sole operating subsidiary of Aker Philadelphia Shipyard ASA (Oslo: AKPS), began production activities today on two 3,600 TEU "Aloha Class" containerships that it is building for Matson Navigation Company, Inc. (Matson). The contracts for the vessels were originally signed in 2013 for a total value of $418 million, with deliveries expected in Q3 and Q4 of 2018.

Crowley Takes Delivery of First of Four New, Jones Act Tankers from Aker Philadelphia Shipyard
PRWeb - Thu Oct 01, 7:45AM CDT
Crowley Maritime Corp. took delivery of the Ohio, the first of four new, Jones Act, product tankers, this week from Aker Philadelphia Shipyard, Inc. (APSI), the wholly-owned U.S. subsidiary of Aker Philadelphia Shipyard ASA. The delivery is momentous not only for Crowley, but also for the industry because it signifies the first time a product tanker has been constructed with consideration for the future use of LNG for propulsion. The remaining three product tankers being built by APSI for Crowley are currently under construction and have planned deliveries through 2016.

Aker Philadelphia Shipyard Holds Ceremonial Keel Laying for Fourth Next Generation Product Tanker
Business Wire - Fri Sep 18, 1:43PM CDT
Aker Philadelphia Shipyard, Inc. (APSI), the wholly-owned U.S. subsidiary of Aker Philadelphia Shipyard ASA (Oslo: AKPS), held a ceremonial Keel Laying for the fourth of four product tankers that it is building with Crowley Maritime Corporation (Crowley).

Aker Philadelphia Shipyard Delivers Second Aframax Tanker, Eagle Bay, to SeaRiver Maritime
Business Wire - Fri Mar 13, 5:04PM CDT
Aker Philadelphia Shipyard, Inc. (APSI), the sole operating subsidiary of Aker Philadelphia Shipyard ASA (Oslo: AKPS), has delivered its second Aframax tanker to SeaRiver Maritime, Inc. (SeaRiver), Exxon Mobil Corporation's U.S. marine affiliate. The 820 foot long, 115,000 deadweight ton tanker was delivered within the timeframe most recently reported by AKPS and will transport up to 800,000 barrels of Alaskan North Slope crude oil from Prince William Sound, Alaska to the U.S. West Coast. The vessel is equipped with double hull protection, the latest navigation and communications equipment, and an energy efficient engine.

Aker AS: My Best Idea To Play Oil (Which Isn't Really In Oil)
Bram de Haas - at Seeking Alpha - Tue Dec 30, 2:57PM CST


Aker Philadelphia Shipyard Celebrates Multiple Ship Construction Milestones for the Next Generation Product Tankers in Its Joint Venture with Crowley
Business Wire - Tue Dec 23, 11:31AM CST
Aker Philadelphia Shipyard, Inc. (APSI), the wholly-owned U.S. subsidiary of Aker Philadelphia Shipyard ASA (Oslo: AKPS), celebrated two significant ship milestones this week. Today, the shipyard held a ceremonial Keel Laying for the second of four product tankers that it is building for its joint venture with Crowley. Early in the day yesterday, construction began on its fourth product tanker in the same series.

First of Four Crowley Tankers Celebrated in Keel Laying Ceremony at Aker Shipyard
PRWeb - Wed Sep 24, 6:45PM CDT
The first of four Crowley Maritime Corp. product tankers was celebrated today in a keel laying ceremony held at Aker Philadelphia Shipyard, Inc. (APSI), the wholly-owned U.S. subsidiary of Aker Philadelphia Shipyard ASA (Oslo: AKPS). The 330,000-barrel, Jones Act tankers are being built through a joint venture between Crowley and Aker.

Aker Philadelphia Shipyard Holds Ceremonial Keel Laying for First Next Generation Product Tanker
Business Wire - Wed Sep 24, 3:43PM CDT
Aker Philadelphia Shipyard, Inc. (APSI), the wholly-owned U.S. subsidiary of Aker Philadelphia Shipyard ASA (Oslo: AKPS), held a ceremonial keel laying today for the first of four product tankers that it is building for its joint venture with Crowley Maritime Corporation.

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