| Code: 140310 |

Philly Shipyard delivers third green tanker to Kinder Morgan

TINNews |

Philly Shipyard, Inc. (PSI) announced delivery of the American Liberty, the third of four next generation 50,000 dwt product tankers that it is building for American Petroleum Tankers (APT), a subsidiary of Kinder Morgan, Inc.

The next generation 50,000 dwt product tanker is based on a proven Hyundai Mipo Dockyards (HMD) design, incorporating fuel efficiency features, flexible cargo capability, and the latest regulatory requirements.

Further, the vessel has received LNG Ready Level 1 approval from the American Bureau of Shipping (ABS). The 600-foot tanker has a carrying capacity of 14.5 million gallons of crude oil or refined products.

The shipyard has delivered 27 vessels so far. Recently, PSI signed a letter of intent with a Jones Act operator to construct up to four new containerships for the Hawaii Trade.

 

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