Construction Milestone Achieved on Fourth Tanker in Aker Philadelphia Shipyard Series

Dec 2, 2000
58,581
371
283
Easley South Carolina
Dec 2, 2000
58,581
371
283
Easley South Carolina
From Your Shipbuilding News:

Aker Philadelphia Announces Second Quarter 2009 - Eleventh Vessel Delivered in Turbulent Market
quote:

Aker Philadelphia Shipyard ASA (AKPS) continued to make progress on its tanker series for American Shipping Company ASA (AMSC) and delivered AKPS’ eleventh vessel on 11 June 2009. For the quarter ended 30 June 2009, the shipyard recorded operating revenues of USD 55.0 million and EBITDA (earnings before interest, taxes and depreciation and amortization) of USD 4.5 million.
More at http://www.yourshipbuildingnews.com/aker+philadelphia+announces+second+quarter+2009+-+eleventh+vessel+delivered+in+turbulent+market_37590.html
 
Dec 2, 2000
58,581
371
283
Easley South Carolina
From The Motor Ship:

Philly yard on the brink
quote:

US government officials have indicated that unless the Aker Philadelphia Shipyard manages to secure $150 million in loans to build two tankers, it will have to shut down its Navy Yard operations. The shipyard has already ordered the parts for the two tankers but has no buyers.
More at http://www.motorship.com/currentnews/article.asp?ARTICLEID=8005