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Philly Shipyard reaches milestone for tanker

Published by , Editorial Assistant
Tanks and Terminals,

Philly Shipyard, Inc. (PSI), the wholly owned US subsidiary of Philly Shipyard ASA, held a ceremonial Keel Laying for the second product tanker in a four vessel order for American Petroleum Tankers (APT), a Kinder Morgan, Inc. subsidiary.

Keeping with long held shipbuilding tradition, coins were placed on one of the keel blocks before the 650 t unit was lowered into place in the dry dock. Representatives from Philly Shipyard and Kinder Morgan were in attendance to place the coins as a sign of good fortune and safe travels. Philly Shipyard representatives included the most recent recipients of the company’s ‘Safety Team of the Quarter’ award, who were recognised for exemplifying safe operation during the 1Q16.

Steinar Nerbovik, Philly Shipyard’s President and CEO, said, “With shipbuilding milestones like Keel Laying and facility milestones, we continue to propel our organisation into the future. Both are significant milestones in the plan to maintain our position as both a premiere shipyard and employer.”

When completed in 2017, the product tanker will be 600 ft long and capable of carrying 50 000 t of crude oil or refined petroleum products. The Tier II 50 000 dead weight ton (dwt) product tankers are based on a proven Hyundai Mipo Dockyards (HMD) 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.

Philly Shipyard has delivered 23 ships in its 17 year history. The four product tankers for APT are currently under construction and have planned deliveries in 2016 and 2017. Also under construction at the shipyard is one 50 000 dwt product tanker for Crowley Maritime Corporation with a planned delivery during 3Q16 and two 3600 20 ft equivalent unit containerships for Matson Navigation Company, Inc. with planned deliveries in 3Q18 and 1Q19.

Adapted from press release by Francesca Brindle

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