1. Home
  2. Maritime industry news - PortNews
  3. Aker Philadelphia gets a letter of intent to build five containerships for American Feeder Lines

2010 July 15   08:15

Aker Philadelphia gets a letter of intent to build five containerships for American Feeder Lines

Aker Philadelphia Shipyard has reportedly signed a letter of intent to build five containerships for American Feeder Lines Holdings L.P., which has ambitions to start a short sea feeder service transporting goods between ports from Maine to Texas. According to a report in the Philadelphia Inquirer, American Feeder Lines has also signed a letter of intent for five more containerships of the same design with an unnamed shipyard in Green Bay, Wisconsin.
According to the Inquirer story Tobias König, is chief executive and cofounder of American Feeder Lines along with Percy Pyne IV, of New York real estate investment and consulting firm Pyne Companies Ltd.
Mr. König is a major player in the Hamburg, Germany, based shipping investment market. His König & Cie. GmbH & Co. KG has launched more as 80 closed-end funds with a total investment volume of more than 4.2 billion euros. Most of these funds are investments in ships, putting the company into the top quartile of all ship initiators in Germany.

Latest news

2025 April 28

2025 April 27

Mon Tue Wed Thu Fri Sat Sun
1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31