AKASA

(redirected from Aker American Shipping)
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AcronymDefinition
AKASAAker American Shipping (Philadelphia, PA)
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References in periodicals archive ?
22 October 2009 - Oslo-listed American Shipping Company ASA (OSL:AMSC), former Aker American Shipping, saw its EBITDA double to USD13.9m in the third quarter of 2009, from USD7.3m a year earlier.
Its core businesses include Aker Kvaerner, Aker Yards, Aker American Shipping, Aker Seafoods, Aker Material Handling, Aker Drilling and Aker Floating Production.
The group's largest holdings include Aker Kvaerner, Aker Floating Production, Aker Drilling, Aker Exploration, Aker Oilfield Services, Aker American Shipping, Aker Seafoods, Aker BioMarine and Aker Material Handling.
Aker American Shipping ASA, US subsidiary of the Norwegian holding group Aker ASA, said on Monday (26 November) that it has decided to implement a split of the company's business activities into a shipowning company and a shipyard.
American Shipping Corporation will be a vessel owning subsidiary of Aker American Shipping ASA, while shipyard activities will be organised in the newly established company Aker Philadelphia Shipyard ASA.
Aker American Shipping will offer existing and new shareholders the opportunity to acquire Aker Philadelphia Shipyard shares.
Norwegian holding group Aker ASA said on Thursday (8 February) that its US subsidiary Aker American Shipping has received a preliminary contract for up to six product tankers from Overseas Shipholding Group Inc.
The vessels will be owned by Aker American Shipping's subsidiary American Shipping Corporation, which will bareboat charter them to Overseas Shipholding Group on long-term agreements.