Louisiana

Philly Shipyard, Inc. (PSI), the sole operating subsidiary of Philly Shipyard ASA (Oslo: PHLY), has delivered the Louisiana, the third of four next generation 50,000 dwt product tankers that it is building for Crowley Maritime Corporation (Crowley). The 600-foot tanker has a carrying capacity of 14.5 million gallons of crude oil or refined products, the shipbuilder said in a press release. This delivery is the 23rd vessel built by PSI (formerly known as Aker Philadelphia Shipyard, Inc.). The next generation 50,000 dwt product tanker is based on a proven Hyundai Mipo Dockyards (HMD) design that also incorporates numerous fuel efficiency features, flexible cargo capability, and the latest regulatory requirements. The vessel has also received LNG Ready Level 1 approval from the American Bureau of Shipping (ABS).

Continuing its innovative vessel build program, Crowley Maritime Corporation christened the third of four new, Jones Act product tankers on Thursday, May 5, 2016 at the Julia Street Cruise Terminal in New Orleans. The 50,000 dead-weight-ton (dwt), 330,000-barrel-capacity Louisiana joins two Crowley sister ships, Texas and Ohio, to be the first tankers ever to receive the American Bureau of Shipping’s LNG-Ready Level 1 approval, giving Crowley the option to convert the tanker to liquefied natural gas for propulsion in the future.

Crowley Maritime has taken delivery of the third of four Jones Act product tankers being built for the company by Philly Shipyard. The 50,000 dwt tanker, Louisiana, is capable of carrying 330,000-barrels of product and scheduled to be christened in New Orleans on May 5.