The following is text of a news release from Philly Shipyard:
(PHILADELPHIA) — Philly Shipyard, the sole operating subsidiary of Philly Shipyard ASA, has commenced its first contract to perform modernization, repair and maintenance work on a government ship, SS Antares.
SS Antares is an Algol-class vehicle cargo ship, owned by the U.S. Department of Transportation’s Maritime Administration (MarAd) and managed by TOTE Services, and undergoes routine repair and maintenance during its scheduled dry docking every five years.
“I am thrilled and honored that Philly Shipyard has been selected for the Antares repair,” said Philly Shipyard President and CEO Steinar Nerbovik. “It is an important milestone for the yard as we transition into a mix of commercial and government work, and it has been exciting to recall some of our skilled men and women for this opportunity. We are confident that we will be able to deliver on our commitments to MarAd and TOTE and are thankful for this opportunity to serve.”
Work on SS Antares is expected to last approximately two months. Philly Shipyard’s objective is to win similar repair and maintenance contracts going forward in order to continuously utilize its dry docks as part of its plan to reconstitute its workforce.
