| AHL Shipping To Use Modular Construction on New Jones Act Tankers |
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| Monday, 09 July 2007 08:38 | |||
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Last week, AHL Shipping Company (AHL) announced plans to build three, shallow-draft, 49,000 deadweight ton (DWT) Jones Act- and OPA90 (Oil Pollution Act of 1990)-compliant tankers in connection with a charter agreement with Shell Trading (US) Company (Shell Trading). The vessels will be the first Jones Act tankers to be constructed under the common structural rules adopted by the International Association of Classification Societies, which came into effect in April 2006. They also will be the first vessels of this size to be built in the U.S. using the modular construction concept. The vessels will go on long-term time charter to Shell Trading in 2009/2010. Click Read More to continue. According to AHL President Richard Horner, the modular construction concept allows different facets of construction to be conducted by the most qualified shipyard, based on expertise levels. The common structural rules are designed to increase the structural integrity and long-term serviceability of vessels. 'Today's announcement is a milestone for AHL, Shell and the U.S. shipping industry,'said Horner. 'The tankers will be fully compliant with Jones Act requirements including being U.S. built, flagged and manned. Shell Trading's commitment to this endeavor through a long-term time charter agreement has helped to make this important project a reality. We look forward to working with Shell to help ensure the availability of oil and chemical products throughout the U.S.' This vessel construction project supports Shell's position with its controlled tonnage as the phase out of single hull vessels approaches due to OPA90, said Bob Salmon, general manager, Shell Shipping.
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