S&P Global to Buy IHS Markit for $44 Billion in 2020’s Biggest Merger
By Noor Zainab Hussain (Reuters) – Data giant S&P Global Inc has agreed to buy IHS Markit Ltd in a deal worth $44 billion that will be 2020’s biggest merger,...
The bitterly cold and rainy skies in Philadelphia today were perhaps a foreboding reminder of where ExxonMobil’s newest crude oil tanker, Eagle Bay will soon be headed. Destined to deliver Alaskan crude oil to the U.S. west coast, she was named today at Aker Philadelphia Shipyard and is the second of two U.S.-flag crude oil tankers built at the shipyard for ExxonMobil affiliate, SeaRiver Maritime.
In June, the sister-ship Liberty Bay was delivered. Both ships will replace existing double-hull tankers operating on the Alaska-West Coast route and are the largest vessels ever built at Aker Philadelphia, according to the shipyard.
The two vessels can carry up to 800,000 barrels of oil and are powered by a single six-cylinder MAN B&W 6S60MC-C8.2 Tier 2 engine which will burn ultra-low sulfur fuel oil in order to meet emissions requirements while in ECAs. ExxonMobil says the two ships came at at an aggregate price of $400 million and have helped to create upwards of 1,200 jobs in the Philadelphia region.
Further reading: Historic Philadelphia Navy Yard Saved by Shale Boom and Jones Act
Vessel particulars, via Aker Philadelphia Shipyard
While finishing out the Eagle Bay, Aker Philadelphia Shipyard still has four medium range 50k deadweight tankers on the books for Crowley and two dual fuel 3,600 TEU containerships for Matson.
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