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Philly Shipyard Awarded Pollux Dry Docking Contract
Philly Shipyard, Inc., the sole operating subsidiary of Philly Shipyard ASA (Oslo: PHLY), has been awarded a dry docking contract for the Ready Reserve Force vessel, FSS Pollux. The vessel is owned by the U.S. Department of Transportation’s Maritime Administration (MARAD) and managed by TOTE Services, LLC (TOTE), an industry leader in ship management, marine operations and vessel services. The vessel undergoes routine repair and maintenance during its scheduled dry docking every few years. TOTE, as ship manager for MARAD, awarded the contract to Philly Shipyard.
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