There are more than 100 shipyards in the US but one is dictating a new narrative that could have a profound impact on the entire industry.
In July, Aker Philadelphia Shipyard secured a contract to construct up to four medium-range (MR) products tankers.
The $500m transaction caught many off guard since the patron, a fledgling operator called Philly Tankers, failed to line up fixtures for the ships before the order was placed.
Few
