U.S. shipping Matson, Inc. (NYSE: MATX) and Philly Shipyard christened the largest containership ever built in the United States in a ceremony at the Philly Shipyard on Saturday. The new vessel is named ‘Daniel K. Inouye’ in honor of Hawaii’s late senior U.S. Senator, who was a longstanding supporter of the U.S. maritime industry and its important role in … [Read more...]
TOTE’s Plan for New Hawaii Shipping Service Put on Indefinite Hold; Construction Suspended on Four Newbuilds at Philly Shipyard
U.S. shipping company TOTE is putting plans for a new Jones Act service between the U.S. mainland and Hawaii on hold due to complications in securing terminal space Honolulu. As a result, TOTE says it will not move forward with its Letter of Intent with Philly Shipyard, which called for the construction of up to four containerships custom-built for the Hawaii trade. In an … [Read more...]
Philly Shipyard Delivers Fourth and Final Jones Act Tanker to APT
Philly Shipyard has delivered the American Pride, the fourth of four next-generation product tankers that it has built for American Petroleum Tankers (APT), a subsidiary of Kinder Morgan, Inc. The 50,000 dwt product tanker is based on a proven fuel-efficient Hyundai Mipo Dockyards design. The 600-foot tanker has a carrying capacity of 14.5 million gallons of crude oil or … [Read more...]
TOTE Launching Jones Act Shipping Service to Hawaii with Philly-Built Containerships
TOTE Maritime has emerged as the mystery shipping company who has signed a Letter of Intent for the construction of up to four containerships at Philly Shipyard for a new Jones Act shipping service between the U.S. mainland and Hawaii. TOTE announced its plan to establish the new Hawaii service on Thursday, providing details on both the new containerships as well as its … [Read more...]
Philly Shipyard Delivers Latest LNG-Ready Tanker to APT
Jones Act shipbuilder Philly Shipyard, the sole operating subsidiary of Philly Shipyard ASA (Oslo: PHLY), has delivered the LNG-ready American Liberty, the third of four next generation 50,000 dwt product tankers that it is building for American Petroleum Tankers (APT), a subsidiary of Kinder Morgan, Inc. The next generation 50,000 dwt product tanker is based on a proven … [Read more...]