Philly Shipyard Begins Construction On First Of Three Matson Aloha Class LNG-Fueled Containership

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Philly Shipyard, Inc. (PSI), the sole operating subsidiary of Philly Shipyard ASA (Oslo: PHLY), today began construction on the first of three Aloha Class LNG-fueled containerships to be built for Matson Navigation Company, Inc. (Matson). Also referred to as a “steelcutting” ceremony, the event memorializes the beginning of a ship’s life as the first cut is made on thefirst plate on the shipyard’s state-of-the-art plasma cutter. Representatives from Philly Shipyard and Matson gathered for short remarks before Regis Burkhardt, Matson Site Team Manager, pushed the button to officially begin production, reports Philly Shipyard.

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Measuring 854 feet (260 meters) long, the three new Aloha Class vessels will match the length of the two existing Aloha Class ships, currently the largest Jones Act containerships ever constructed. The 3,600 TEU vessels are capable of carrying a variety of container sizes and operating at speeds in excess of 23 knots. The vessels will operate on either conventional marine fuels or liquefied natural gas (LNG)and will incorporate other “green ship technology”, supporting Matson’s goal to reduce greenhouse gas emissions.

This backlog now consists of seven vessels, including three National Security Multi-Mission Vessels Building the Future. The first two NSMVs have been delivered, with NSMV II as recently as last week.

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Source: Philly Shipyard