Aker Philadelphia Completes Liberty-class Tankers for SeaRiver Maritime

Mike Schuler
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March 15, 2015

Photo: APSI

Jones Act shipbuilder Aker Philadelphia Shipyard, Inc. (APSI) has delivered the second of two Liberty-class Aframax tankers to ExxonMobil U.S. marine affiliate SeaRiver Maritime.

The 802-foot, 115,000 dwt tanker, named Eagle Bay, will be used to 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, according to APSI.

“Delivery of this vessel marks the conclusion of a successful project that has transformed our company for the better. We are proud of the Eagle Bay and are confident that she will serve the SeaRiver organization well over the decades to come. On behalf of the 1,100 men and women of APSI, I would like to extend our gratitude to SeaRiver for the opportunity to serve their newbuild needs and for what has been a productive partnership.” said Steinar Nerbovik, Aker Philadelphia’s President and CEO.

APSI delivered the first Liberty-class tanker, named Liberty Bay, to SeaRiver in Q2 2014 and it is successfully serving SeaRiver in their Alaskan trade.

The Eagle Bay was delivered within the adjusted timeframe previously announced by APSI. In Q1 2014, a defect in the Libery Bay’s propulsion system was discovered during sea trials, causing a slight delay in the delivery of the ships but not resulting in any liquidated damages.

SeaRiver Maritime entered into the definitive newbuild contracts with APSI for the two tankers back in 2011. The contract was originally valued at approximately $400 million, according to ExxonMobil.

APSI says that its orderbook now consists of four 50,000 dwt product tankers for Crowley. It has contracts for two 50,000 dwt product tankers for Philly Tankers LLC and two 3,600 TEU containerships for Matson Navigation, with deliveries in 2018.

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