Marine Log

Tanker will be christened as OSG Houston

September 20, 2006

Aker Philadelphia floats out first tanker

Aker Philadelphia Shipyard marked a milestone in its ten-ship tanker build program this week when it successfully floated out the first vessel in the series.

The flooding of the yard's Building Dock floated the vessel off its keel blocks in advance of the ship's move to the nearby Outfitting Dock, where testing and commissioning will take place in the coming months.

When completed in the fourth quarter of this year, the 600-foot long MT 46 Veteran Class tanker vessel will become the first vessel owned by subsidiaries of the yard's sister company American Shipping Corporation (ASC) and leased to subsidiaries of Overseas Shipholding Group, Inc. (OSG).

The tanker is the fifth vessel constructed by Aker Philadelphia Shipyard, following four containerships for Matson Navigation Company.

It is scheduled to be christened as Overseas Houston in a ceremony to be held at the yard on November 11.

Originally announced in April 2005, the tanker program has the yard's order book filled through 2010.

Aker Philadelphia Shipyard, Inc. is the shipbuilding subsidiary of Aker American Shipping.