Philly Shipyard in non-binding agreement to build two MR tankers

JULY 17, 2018 — Philly Shipyard, Philadelphia, PA, and an as yet undisclosed customer yesterday executed a non-binding term sheet for the construction and sale of two newbuild Jones Act Medium Range (MR)

Matson and Philly Shipyard christen largest containership built in U.S.

JULY 2, 2018 — Matson, Inc.and Philly Shipyard, Inc. (PSI), christened the largest containership ever built in the United States in a June 30 ceremony at the shipyard. The new vessel is

Philly Shipyard: lay-offs and delays follow year of record revenues

FEBRUARY 16, 2018 — Though Philly Shipyard today reported record high revenues and profits for 2017, it says that the delay it has experienced in securing new contracts and financing for work

Philly Shipyard puts TOTE containership project on hold

JANUARY 28, 2018 — TOTE Inc. says that, as a result of its Phase 1 technical review of Piers 1 and 2 in Honolulu Harbor, its plans to enter the Hawaii to

Philly Shipyard delivers final ship in Kinder Morgan quartet

NOVEMBER 21, 2017 — Philly Shipyard, Inc. yesterday delivered the American Pride, the fourth of four next generation 50,000 dwt product tankers built for American Petroleum Tankers (APT), a subsidiary of Kinder

Philly Shipyard sees record breaking 2017 … but not 2018

NOVEMBER 3, 2017 — Philly Shipyard ASA reports third quarter results for the third quarter and first nine months of 2017 that included net income of $17.1 million for the quarter and$36.5

Crowley to acquire three SeaRiver tankers, charter them back

NOVEMBER 1, 2017 — Crowley Alaska Tankers, LLC, announced today that it has signed an agreement, subject to regulatory approval, to purchase three tankers from SeaRiver Maritime Inc., and charter them back

Getting ready for bigger ships, Matson orders new cargo cranes

AUGUST 23, 2017 — Matson, Inc. (NYSE: MATX) reports that a subsidiary of Matson Navigation Company, Inc. has signed contracts with Paceco Corporation for the purchase of three new 65 long-ton capacity

TOTE plans new Hawaii service with Philly newbuilds

AUGUST 17, 2017 — Saltchuk company TOTE has emerged as the hitherto unnamed “blue chip U.S. shipping operating company” with a letter of intent (LOI) to build up to four advanced new

Philly Shipyard delivers another LNG-ready Jones Act tanker

JULY 27, 2017 —Philly Shipyard, Inc. yesterday delivered the American Liberty, the third of four next generation 50,000 dwt product tankers that it is building for Kinder Morgan, Inc. subsidiary American Petroleum

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