Construction Begins on Aker American Shipping's First Shuttle Tanker.When Completed, It Will Be the First U.S. Flag Shuttle Tanker for Use in the Deepwater U.S. Gulf of Mexico Noun 1. Gulf of Mexico - an arm of the Atlantic to the south of the United States and to the east of Mexico Golfo de Mexico Atlantic, Atlantic Ocean - the 2nd largest ocean; separates North and South America on the west from Europe and Africa on the east PHILADELPHIA -- Aker American Shipping Aker American Shipping (OSE: AKASA) is a Norwegian-American shipping and shipyard company and part of the Aker Group, with Aker ASA owning 53.4% of the company. The company is listed on the Oslo Stock Exchange and is headquartered in Oslo, Norway. (Oslo:AKASA) representative Michelle Pinto started a plasma cutter today to officially begin production of the company's first shuttle tanker. When this vessel is completed, Aker American Shipping will become the first company in the United States to own a U.S. flag shuttle tanker for use in the deepwater U.S. Gulf of Mexico; an area within jurisdiction of the Jones Act. This double hulled, environmentally friendly tanker, which will be fitted with additional equipment to increase maneuverability, can receive oil from Floating Production Storage and Offloading A Floating Production, Storage and Offloading vessel (FPSO; also called a "unit" and a "system") is a type of floating tank system used by the offshore oil and gas industry and designed to take all of the oil or gas produced from a nearby platform (s), process it, and store (FPSO FPSO Floating Production Storage and Off-loading (shipping & oil industry) FPSO Foster Parent Society of Ontario FPSO Fleet Publication Supply Office ) vessels and transport it from deepwater areas without pipeline access to refineries on the Gulf Coast. Aker American Shipping President, Rob Kurz stated, "This is a very significant milestone for Aker American Shipping. Shuttle tankers represent an exciting new market and we are looking forward to opportunities to own more of these vessels. With the increasing demand for oil, and considerable resources in the Gulf of Mexico, this tanker will be an important part of the United States' energy infrastructure. I am confident that this vessel will be the first of many to serve this trade." Upon completion, Aker American Shipping will lease the vessel to OSG OSG Open Scene Graph OSG Open Science Grid OSG Office of the Secretary-General (United Nations) OSG Open Systems Group OSG Office of the Surgeon General (HHS - PHS) America, who has in turn time chartered the vessel to Petrobras America, Inc. for use in transporting crude oil in the Gulf of Mexico. The shuttle tanker will serve Petrobras' Cascade and Chinook Chinook, indigenous people of North America Chinook (shĭn  k`, chĭ–), Native American tribe of the Penutian linguistic stock. fields, about 250 miles south of New Orleans. The tanker is the eighth
in a series of twelve tankers being built by Aker Philadelphia Shipyard Aker Philadelphia Shipyard formerly Kværner Philadelphia Shipyard is a shipyard located in Philadelphia, Pennsylvania, United States on the site of the defunct Philadelphia Naval Shipyard, which closed in 1995. for Aker American Shipping. Construction will commence soon on a second
shuttle tanker, also to be leased to OSG America, and time chartered to
Petrobras America, Inc. Four product tankers have already been delivered
and are part of Aker American Shipping's fleet.
Aker American Shipping (AKASA) owns and leases world-class, quality merchant vessels for operation between ports in the United States This is a list of ports of the United States, ranked by tonnage. See the articles on individual ports for more information, including geography, ownership, and link to official web site. Cargo volume at U.S. ports, 2004, short tons. . When the current series of twelve tankers is completed in 2011, AKASA will own the most modern product tanker fleet in the United States; and it will be the first company in the United States to own shuttle tankers for use in deepwater U.S. Gulf of Mexico. Aker American Shipping is a member of the Norwegian-based Aker family of global companies, leaders in global growth markets including energy technologies, energy resources, maritime technologies, seafood and marine biotechnology. |
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