History
Aker Philadelphia Shipyard, originally Kværner Philadelphia Shipyard, began as a product of a partnership of public and private investments used to rebuild and convert 110 acres (0.45 km2) of the former Philadelphia Naval Shipyard, which was closed in 1995. After the acquisition of Kværner, Aker took ownership of the yard.
In 2006, Aker Philadelphia Shipyard delivered the final vessel in a four-ship series of containerships to Matson Navigation Company. With that, the yard transitioned to building a series of Veteran Class MT46 double-hulled product tankers for bareboat charter to Overseas Shipholding Group, a build program that extends into 2012.
Read more about this topic: Aker American Shipping
Famous quotes containing the word history:
“American time has stretched around the world. It has become the dominant tempo of modern history, especially of the history of Europe.”
—Harold Rosenberg (1906–1978)
“There is no history of how bad became better.”
—Henry David Thoreau (1817–1862)
““And now this is the way in which the history of your former life has reached my ears!” As he said this he held out in his hand the fatal letter.”
—Anthony Trollope (1815–1882)