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Aker Philadelphia Sh (AKRRF) 16.6500 $AKRRF

Aker Philadelphia Shipyard Starts Construction on Third and Fourth Product Tankers for Kinder Morgan
BusinessWire - 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: 18.70 (-0.02)

Aker Philadelphia Shipyard Starts Construction on Aloha Class Containerships for Matson
BusinessWire - 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
BusinessWire - 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
BusinessWire - 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.

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