General Dynamics NASSCO Hosts Keel Laying Ceremony for Jones Act Tanker Liberty

The Liberty is a 610-foot, 50,000 deadweight-ton, LNG-conversion-ready product tanker with a 330,000 barrel cargo capacity. The new ECO Class design symbolizes the emerging direction of the shipping industry in the U.S. toward cleaner, more fuel-efficient modes of transporting product. Once delivered, the tanker will be operated by Seabulk Tankers, Inc.

The construction and operation of the new ECO Class tankers are aligned with the Jones Act, requiring that ships carrying cargo between U.S. ports be built in U.S. shipyards. Construction on the Liberty began in October 2015.

As a complement to its government new construction and repair business segment, NASSCO has extensive experience in commercial shipbuilding. In the past decade, NASSCO delivered 16 commercial ships—including the world's first LNG-powered containerships.

NASSCO is the only major shipyard on the West Coast of the United States conducting design, new construction and repair of commercial and U.S. Navy ships. For its commercial work, NASSCO partners with South Korean shipbuilding power, Daewoo Shipbuilding & Marine Engineering (DSME), for access to state-of-the-art ship design and shipbuilding technologies.

For more information, about General Dynamics NASSCO, a business unit of General Dynamics (NYSE: GD), visit www.nassco.com.

For more information about SEACOR Holdings Inc., please visit www.seacorholdings.com.

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SOURCE General Dynamics NASSCO

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