2 Aug. PHLY Begins Work on Dry Docking Contract for MARAD Ship


Philly Shipyard Begins Work on Dry Docking Contract for MARAD Ship
August 2, 2019
Philly Shipyard, Inc., the sole operating subsidiary of Philly Shipyard ASA (Oslo: PHLY), has commenced work on its first contract to perform modernization, repair and maintenance work on a government ship, the SS Antares.

The SS Antares is an Algol class vehicle cargo ship, owned by the U.S. Department of Transportation’s Maritime Administration (MARAD) and managed by TOTE Services, and undergoes routine repair and maintenance during its scheduled dry docking every five years.

“I am thrilled and honored that Philly Shipyard has been selected for the Antares repair,” said Philly Shipyard President and CEO Steinar Nerbovik. “It is an important milestone for the yard as we transition into a mix of commercial and government work, and it has been exciting to recall some of our skilled men and women for this opportunity. We are confident that we will be able to deliver on our commitments to MARAD and TOTE and are thankful for this opportunity to serve.”

Work on the SS Antares is expected to last approximately two months. Philly Shipyard’s objective is to win similar repair and maintenance contracts going forward in order to continuously utilize its drydocks as part of its plan to reconstitute its workforce.

About Philly Shipyard:

Philly Shipyard, Inc. (PSI) is a leading U.S. commercial shipyard constructing vessels for operation in the Jones Act market. It possesses a state-of-the-art shipbuilding facility and has earned a reputation as the preferred provider of oceangoing merchant vessels with a track record of delivering quality ships. PSI is the sole operating subsidiary of Philly Shipyard ASA. Philly Shipyard ASA is listed on the Oslo Stock Exchange (Oslo: PHLY) and is majority-owned by Aker Capital AS, which in turn is wholly-owned by Aker ASA. Aker is a Norwegian industrial investment company that creates value through active ownership. Aker's investment portfolio is concentrated on key Norwegian industries that are international in scope: oil and gas, fisheries and biotechnology, and marine assets. Aker's industrial holdings comprise ownership interests in Aker Solutions, Kvaerner, Aker BP, Aker BioMarine, Ocean Yield and Akastor. For more information about Philly Shipyard, please visit www.phillyshipyard.com.
Redigert 04.08.2019 kl 21:02 Du må logge inn for å svare
Alekxxx
05.08.2019 kl 12:35 1077

Blir nok en rekyl opp her snart, kort tid til kontrakt.
ArneO1
05.08.2019 kl 13:11 1047

Hvilken kontrakt?
Alekxxx
05.08.2019 kl 13:14 1045

Kontrakt ned Brynild, 6 stk lakrisbåter
Garcia
05.08.2019 kl 13:29 1033

Bra de kommer igang med aktivitet igjen.
Nerbøvik virker jo optimistisk selv om det akkurat er noen bombe...
Har vi litt flaks nå så ser vi starten på en ny æra i philly...
m7337
05.08.2019 kl 16:25 977

Er ikke dette bare sysselsetting? De vil sikkert tape penger på driften. Opp mot NOk 25 mill/ kv
Alekxxx
06.08.2019 kl 12:05 888

Viktig kontrakt med tanke på at dei holder flere ansatte i arbeid til ny kontrakt kommer.
Når Røkke tok over sendte han over norske sveiser, rørleggere platearnbeidere osv for og lære opp folket der.
Snart ikkje mulig og komme seg inn under 40 kr.

Da er de begynt arbeidet som vi vet, men hva er kontraktsummen. kjekt å se at det er aktivitet i dockene.
https://www.marinelog.com/news/philly-shipyard-starts-work-on-marad-ship/
Alekxxx
07.08.2019 kl 09:06 779

Kommer nok flere slike kontrakter før skoleskipene:)
Blir spennende og se hva amsc gjør mtp dei 2 nye skipene som skal bygges.? Blir det phly?
ArneO1
07.08.2019 kl 15:59 713

Hvor har du det fra at AMSC skal ha 2 nybygg? Hvilke type skip skal de ha?
ArneO1
08.08.2019 kl 02:14 594

Hvor leser du spesifikt 2 nye skip da? Har aldri lest det noen plass.
De sier at de gjør dette for å kunne forfølge nye investeringsmuligheter.
Har du en annen link eller er dette kun dine egne ønsker og fantasier?
raven12
08.08.2019 kl 10:59 513

Tror man skal kjenne sin besøkelsestid nå. Kort tid til rally mot 60 , 80 kr
Alekxxx
08.08.2019 kl 11:20 494

Finner ikkje linken, men leste tidligere iår at amsc ønsket nye skip, men trudde det kunne bli vanskelig pga manglende verf kapasitet.
ArneO1
08.08.2019 kl 12:07 470

Hvordan begrunner du det? Hadde vært fint med litt mer spesifikt enn bare håp og ønsker.
Redigert 08.08.2019 kl 12:07 Du må logge inn for å svare
Alekxxx
08.08.2019 kl 12:37 450

Nå er det tomt under 40 kr så den som vil inn burde våkne.
Topp 20 aksjonærer øker for hver mnd så noe må være på gang.
raven12
13.08.2019 kl 08:49 156

Når kan vi vente kontrakt her? Fy faen dette tar tid
Alekxxx
13.08.2019 kl 09:07 138

3 mnd igjen til skoleskipene skal tildeles.