Oslo-listed Philly Shipyard has reported second-quarter operating revenue of $46.2m, from zero in the same period of 2019, as a result of dry docking the US government cargo ship FSS Pollux.

The second quarter of 2020 also saw the Aker Capital-controlled company book shipbuilding revenue on the first two of five merchant marine academy training ships that Philly Shipyard is to build after winning orders from Florida-based TOTE Services under a US Maritime Administration (MarAd) scheme.