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Aker Philadelphia Shipyard

Philly Shipyard, Inc.
Formerly called
Aker Philadelphia Shipyard, Inc.
Subsidiary
Industry Shipyard
Founded 1996
Headquarters Philadelphia, Pennsylvania, United States
Area served
United States
Key people

Kristian Rokke (Executive Chairman)

Steinar Nerbovik (Managing Director)
Number of employees
1000 (2014)
Parent Converto Capital Fund, majority owned by Aker ASA
Website www.akerphiladelphia.com

Kristian Rokke (Executive Chairman)

Philly Shipyard, formerly Aker Philadelphia Shipyard, is a commercial shipyard located in Philadelphia, Pennsylvania, United States on part of the site of the Philadelphia Naval Shipyard. The commercial yard began after the United States Navy had ended most of its operations at the site.

The yard is a listed company on the and part of the Aker Group controlled by Kjell Inge Røkke. The yard targets producing ships within the Jones Act for domestic shipping, primarily product tankers and container ships.

The yard was started as a cooperation between Kværner and the City of Philadelphia, the Commonwealth of Pennsylvania and the Government of the United States. Rebuilt and opened in 2000, the yard delivered its first ship in 2003: MV Manukai, a container cargo ship for Matson Line and the first of four sister vessels built for Matson through 2006.

In 2005, control of the yard passed to Aker, which bought the troubled Kværner firm. Aker American Shipping ASA was formed and listed on the Oslo Bors. In 2007, Aker American Shipping was split into two companies - the shipbuilding company, Aker Philadelphia Shipyard, and the ship owning company, Aker American Shipping (today American Shipping Company).

In January 2013, the shipyard completed construction of fourteen product tankers for subsidiaries of American Shipping Company (AMSC), Overseas Shipholding Group (OSG) and Crowley.

On September 29, 2011, Aker Philadelphia signed a contract with SeaRiver Maritime Inc. (the shipping subsidiary of ExxonMobil) for the construction of two Aframax oil product tankers for delivery in 2014. At 820 ft. in length and measuring over 115,000 tons deadweight, they will be the largest ships yet built by the yard.


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