Philly Shipyard
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Philly Shipyard
Philly Shipyard, formerly Aker Philadelphia Shipyard, is a commercial shipyard located in Philadelphia, Pennsylvania, United States on part of the site of the Philadelphia Naval Shipyard. The commercial yard began after the United States Navy had ended most of its operations at the site. The yard is a listed company on the Oslo Stock Exchange and part of the Aker Group controlled by Kjell Inge Røkke. The yard targets producing ships within the Jones Act for domestic shipping, primarily product tankers and container ships. History The yard was started as a cooperation between Kværner and the City of Philadelphia, the Commonwealth of Pennsylvania and the Government of the United States. Rebuilt and opened in 2000, the yard delivered its first ship in 2003: MV ''Manukai'', a container cargo ship for Matson Line and the first of four sister vessels built for Matson through 2006. In 2005, control of the yard passed to Aker, which bought the troubled Kværner firm. Aker American ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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Government Of The United States
The federal government of the United States (U.S. federal government or U.S. government) is the national government of the United States, a federal republic located primarily in North America, composed of 50 states, a city within a federal district (the city of Washington in the District of Columbia, where most of the federal government is based), five major self-governing territories and several island possessions. The federal government, sometimes simply referred to as Washington, is composed of three distinct branches: legislative, executive, and judicial, whose powers are vested by the U.S. Constitution in the Congress, the president and the federal courts, respectively. The powers and duties of these branches are further defined by acts of Congress, including the creation of executive departments and courts inferior to the Supreme Court. Naming The full name of the republic is "United States of America". No other name appears in the Constitution, and this i ...
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Twenty-foot Equivalent Unit
The twenty-foot equivalent unit (abbreviated TEU or teu) is an inexact unit of cargo capacity, often used for container ships and container ports.Rowlett, 2004. It is based on the volume of a intermodal container, a standard-sized metal box which can be easily transferred between different modes of transportation, such as ships, trains, and trucks. The container is defined by its length, although the height is not standardized and ranges between and , with the most common height being . It is common to designate a container as 2 TEU, rather than 2.25 TEU. Forty-foot equivalent unit The standard intermodal container is designated as twenty feet long (6.1m) and wide. Additionally there is a standard container with the same width but a doubled length of forty feet called a 40-foot (12.2m) container, which equals one forty-foot equivalent unit (often FEU or feu) in cargo transportation (considered to be two TEU, see below). In order to allow stacking of these types a forty-fo ...
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Crowley Maritime Corporation
Crowley, legally Crowley Maritime Corporation, is based in Jacksonville, Florida. Founded in 1892, Crowley is primarily a family- and employee-owned vessel management, owner, and supply chain logistics services company, providing services globally. As of July 2016, Crowley was ranked as the 13th largest private company in Florida, employing approximately 5,300 people worldwide with revenues of $2.2 billion. It provides its services using a fleet of more than 300 vessels, consisting of RO-RO vessels, LO-LO vessels, tankers, Articulated Tug-Barges (ATBs), tugs and barges. Crowley's land-based facilities and equipment include terminals, warehouses, tank farms, and specialized vehicles. History Crowley was founded in 1892 when founder Thomas Crowley, the grandfather of current Chairman, President and CEO Thomas B. Crowley, Jr., purchased an 18-foot Whitehall Rowboat to provide transportation of personnel and supplies to ships anchored on San Francisco Bay. Within a few years, servi ...
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Deadweight Tonnage
Deadweight tonnage (also known as deadweight; abbreviated to DWT, D.W.T., d.w.t., or dwt) or tons deadweight (DWT) is a measure of how much weight a ship can carry. It is the sum of the weights of cargo, fuel, fresh water, ballast water, provisions, passengers, and crew. DWT is often used to specify a ship's maximum permissible deadweight (i.e. when it is fully loaded so that its Plimsoll line is at water level), although it may also denote the actual DWT of a ship not loaded to capacity. Definition Deadweight tonnage is a measure of a vessel's weight carrying capacity, not including the empty weight of the ship. It is distinct from the displacement (weight of water displaced), which includes the ship's own weight, or the volumetric measures of gross tonnage or net tonnage (and the legacy measures gross register tonnage and net register tonnage). Deadweight tonnage was historically expressed in long tonsOne long ton (LT) is but is now usually given internationally in t ...
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Alaska
Alaska ( ; russian: Аляска, Alyaska; ale, Alax̂sxax̂; ; ems, Alas'kaaq; Yup'ik: ''Alaskaq''; tli, Anáaski) is a state located in the Western United States on the northwest extremity of North America. A semi-exclave of the U.S., it borders the Canadian province of British Columbia and the Yukon territory to the east; it also shares a maritime border with the Russian Federation's Chukotka Autonomous Okrug to the west, just across the Bering Strait. To the north are the Chukchi and Beaufort Seas of the Arctic Ocean, while the Pacific Ocean lies to the south and southwest. Alaska is by far the largest U.S. state by area, comprising more total area than the next three largest states (Texas, California, and Montana) combined. It represents the seventh-largest subnational division in the world. It is the third-least populous and the most sparsely populated state, but by far the continent's most populous territory located mostly north of the 60th parallel, with ...
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Prince William Sound
Prince William Sound (Sugpiaq: ''Suungaaciq'') is a sound of the Gulf of Alaska on the south coast of the U.S. state of Alaska. It is located on the east side of the Kenai Peninsula. Its largest port is Valdez, at the southern terminus of the Trans-Alaska Pipeline System. Other settlements on the sound, which contains numerous small islands, include Cordova and Whittier plus the Alaska native villages of Chenega and Tatitlek. History James Cook entered Prince William Sound in 1778 and initially named it Sandwich Sound, after his patron the Earl of Sandwich. Later that year, the Sound was named to honour George III's third son Prince William Henry, then aged 13 and serving as a midshipman in the Royal Navy. In 1790, the Spanish explorer Salvador Fidalgo entered the sound, naming many of its features. Some places in the sound still bear the names given by Fidalgo, as Port Valdez, Port Gravina or Cordova. The explorer landed on the actual site of Cordova and took possession of ...
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Alaska North Slope
The Alaska North Slope ( Iñupiaq: ''Siḷaliñiq'') is the region of the U.S. state of Alaska located on the northern slope of the Brooks Range along the coast of two marginal seas of the Arctic Ocean, the Chukchi Sea being on the western side of Point Barrow, and the Beaufort Sea on the eastern. Petroleum resources The Alaska North Slope region includes the National Petroleum Reserve–Alaska, with the bulk of Alaska's known petroleum until the Prudhoe Bay Oil Field was discovered in 1968, followed by the Kuparuk River oil field in 1969. The region also includes the Arctic National Wildlife Refuge, which itself has been the subject of controversy surrounding the possibility of petroleum drilling within its boundaries. The petroleum extracted from the region is transferred south by means of the Trans-Alaska Pipeline System to Valdez on the Pacific Ocean. Under the North Slope is an ancient seabed, which is the source of the oil. Within the North Slope, there is a geologic ...
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Aframax
An Aframax vessel is an oil tanker with a deadweight between 80,000 and 120,000 metric tonnes. The term is based on the Average Freight Rate Assessment (AFRA), a tanker rate system created in 1954 by Shell Oil to standardize shipping contract terms. Due to their favorable size, Aframax tankers can serve most ports in the world. These vessels serve regions that do not have very large ports or offshore oil terminals to accommodate very large crude carriers and ultra-large crude carriers. Aframax tankers are optimal for short- to medium-haul crude oil transportation. Aframax class tankers are largely used in the basins of the Black Sea, the North Sea, the Caribbean Sea, the South and East China Seas, and the Mediterranean. Non– OPEC exporting countries may require the use of this type of vessel because the harbors and canals through which these countries export their oil are too small to accommodate the larger Suezmax or the larger still very large crude carriers and ultra-l ...
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Matson, Inc
Matson, Inc. is an American shipping and navigation services company headquartered in Honolulu, Hawaii. Founded in 1882, Matson, Inc.'s subsidiary Matson Navigation Company provides ocean shipping services across the Pacific to Hawaii, Alaska, Guam, Micronesia, the South Pacific, China, and Japan. History William Matson (1849–1917) founded Matson Navigation Company. He was born in Lysekil in Västra Götaland County, Sweden, and orphaned during childhood. He arrived in San Francisco after a trip around Cape Horn in 1867. Working aboard the Dickel family yacht, he struck up a friendship with tycoon Claus Spreckels, who financed many of Matson's new ships. In 1882, the three-masted schooner ''Emma Claudina'' ran to the Hawaiian Islands. The enterprise began in the carrying of merchandise, especially of plantation stores, to the islands and returning with cargoes of sugar. This led to gradually expanding interests at both ends of the line. In 1924, Matson completed the Matson Bu ...
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Aloha-class Freighter
The Aloha class is a pair of cargo ships built by Philly Shipyard for Matson. The vessels are the largest of their type to be built in the United States. Matson placed the $418 million order for the two ships in November 2013. In October 2015, the ceremonial first steel cutting took place, with both ships to be built roughly in parallel until their deliveries in late 2018. The first vessel, ''Daniel K. Inouye'', was christened on 30 June 2018, though outfitting work continued until late in the year. She was delivered on 1 November, and made her first voyage to Hawaii later in the month. The second ship, ''Kaimana Hila'', was christened on 9 March 2019, and entered service in August. Matson operates both ships from continental United States ports to Hawaii and Guam. At in length, and with a deadweight tonnage of 50,794 DWT, Aloha-class ships are the largest container ships ever built in the United States. Each ship has a cargo capacity of 3,600 TEUs and is powered by a dual ...
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ExxonMobil
ExxonMobil Corporation (commonly shortened to Exxon) is an American multinational oil and gas corporation headquartered in Irving, Texas. It is the largest direct descendant of John D. Rockefeller's Standard Oil, and was formed on November 30, 1999, by the merger of Exxon and Mobil, both of which are used as retail brands, alongside Esso, for fueling stations and downstream products today. The company is vertically integrated across the entire oil and gas industry, and within it is also a chemicals division which produces plastic, synthetic rubber, and other chemical products. ExxonMobil is incorporated in New Jersey. ExxonMobil's earliest corporate ancestor was Vacuum Oil Company, though Standard Oil is its largest ancestor prior to its breakup. The entity today known as ExxonMobil grew out of the Standard Oil Company of New Jersey (or Jersey Standard for short), the corporate entity which effectively controlled all of Standard Oil prior to its breakup. Jersey Standard grew a ...
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