Philly Shipyard announced that it has started construction on the first product tanker in a four vessel order for American Petroleum Tankers (APT).
The 600-foot long vessel will be able to transport 50,000 tons of crude oil or refined petroleum products.
The four vessels, ordered by of Kinder Morgan subsidiary APT, are expected to be delivered in 2016 and 2017.
The Tier II vessels are based on a Hyundai Mipo Dockyards design, which incorporates numerous fuel efficiency features, flexible cargo capability and the latest regulatory requirements. The vessels will be constructed with consideration for the use of LNG for propulsion in the future.
Moreover, Philly Shipyard is building two 50,000 dwt product tankers for Crowley Maritime Corp. with planned deliveries during 2016, as well as two 3,600 TEU containerships for Matson Navigation with planned deliveries in 2018.
Philly Shipyard is a U.S. subsidiary of Philly Shipyard ASA.
Writing by Nadeem (c) gCaptain
Sign up for gCaptain’s newsletter and never miss an update
Essential maritime and offshore news, insights, and updates delivered daily straight to your inbox
By Sharon Cho, Elizabeth Low and Ann Koh (Bloomberg) –China’s biggest refiner is eyeing a creative strategy to help rid Asia of a persistent diesel glut — brand new supertankers...
Heidmar Chief Executive Officer Pankaj Khanna has taken full control of the tanker pool management company from shipping billionaire George Economou. The company announced Monday that Mr. Pankaj Khanna has...
Norwegian shipbuilder Havyard has announced plans ditch newbuilds and focus its operations on ship repair and service. Unfortunately, this will lead to downsizing of about 100 staff at the yard....
Subscribe to gCaptain Daily and stay informed with the latest global maritime and offshore news
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up
Join The Club
