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American Shipping Company

Logo: American Shipping Company, PD, via Wikipedia3

American Shipping Company ASA (OSE: AMSC), formerly known as Aker American Shipping ASA, is a Norwegian-American shipping and shipyard company and part of the Aker Group. Aker ASA originally owned 53.2% of the company, and in 2008 reduced its ownership share to 19.9%.2 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 16, 2026.

Overview

1996Founded1

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  • TickerASCJF on OTC Markets Group1
  • Industrypetroleum industry1
  • HeadquartersOslo1
  • Websiteamscasa.com

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American Shipping Company ASA (OSE: AMSC), formerly known as Aker American Shipping ASA, is a Norwegian-American shipping and shipyard company and part of the Aker Group. Aker ASA originally owned 53.2% of the company, and in 2008 reduced its ownership share to 19.9%.2

How it started

History

Aker Philadelphia Shipyard, originally Kværner Philadelphia Shipyard, began as a product of a partnership of public and private investments used to rebuild and convert 110 acres (0.45 km2) of the former Philadelphia Naval Shipyard, which was closed in 1995. After the acquisition of Kværner, Aker took ownership of the yard.

In 2006, Aker Philadelphia Shipyard delivered the final vessel in a four-ship series of containerships to Matson Navigation Company. With that, the yard transitioned to building a series of Veteran Class MT46 double-hulled product tankers for bareboat charter to Overseas Shipholding Group, a build program that extends into 2012.

From Wikipedia’s article on American Shipping Company, shared under CC BY-SA 4.0.2

Timeline

  1. Oct 31, 2025Dissolved Dissolved1
  2. 1996Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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