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Not Verified Project

Funding

Funding Needed
$20 (Mio)
EB5 Funding
$20 (Mio)
EB-5 Investors
40
Investment Amount
$500,000

Jobs

Job Creation per Investor
11.4
Job Creation (Total)
455
Category
Manufacturing
Sub-Category
Ship Building and Repairing

Location

State
Pennsylvania
Location
2100 Kitty Hawk Avenue, Philadelphia, PA 19112 USA

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Last Update: February 04, 2015 01:00 PM

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AKER PHILADELPHIA SHIPYARD, INC.


Project Description

Aker Philadelphia Shipyard’s facilities and equipment was installed new in 1998-2000. The shipyard was designed with the specific intent of reducing materials handling operations and is based on experience from state-of-the-art Aker Yards shipyards in Europe. APSI enjoys a significant advantage in its materials handling capabilities, which include a Goliath Crane with a maximum lift capability of 660 tons; specialized vehicles to transport grand blocks weighing more than 600 tons; and numerous other high-capacity and automated cranes.

APSI has a steel through-put capacity of about 25,000 tons per year. A continuous improvement program utilizing global resources and knowledge from similar types of yards in Germany together with the well proven HMD design has been implemented to ensure progress and through-put as the German yard has already proven possible.

APSI employs highly automated processes with a specific focus on steel production. APSI has developed an effective “just in time” delivery system for its steel plate, eliminating the need to maintain large inventories of steel at APSI. Another unique feature of APSI’s building philosophy is the maximization of subcontracted “turnkey” packages for many outfitting activities, which enables the yard to maintain the focus on steel fabrication and the ability to utilize the worldwide procurement system of Hyundai Mipo Dockyard.

Since 2006, APSI also operates a plate priming facility located outside of the shipyard that receives plates from the steel mill and blasts and primes them with a pre-construction primer.


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