TOTE 3100 TEU Containerships Receive Prestigious Nor-Shipping Award

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Jun 12, 2013, 11:00 ET

SAN DIEGO, June 12, 2013 /PRNewswire/ -- TOTE's 3100 TEU LNG-powered containerships took home the Next Generation Award at Nor-Shipping 2013 on June 4 in Oslo, Norway. TOTE, Inc. and General Dynamics NASSCO, a wholly owned subsidiary of General Dynamics (NYSE: GD), jointly applied for the award. The Nor-Shipping Next Generation Award recognizes the ship project that demonstrates the greatest advances in design, as assessed with respect to energy efficiency, innovation, suitability and flexibility; technology utilization; safety and security; and environmental sustainability.

TOTE awarded its 3100 TEU LNG-powered containership program to NASSCO in December 2012. When completed, the 764-foot-long containerships are expected to be the largest containerships in the world primarily powered by LNG, setting a new benchmark in "green ship" technology. Construction on the ships will begin in March 2014.

The containerships will be constructed at NASSCO's shipyard in San Diego and designed by DSEC, a subsidiary of Daewoo Shipbuilding & Marine Engineering (DSME) of Busan, South Korea. The design will include DSME's patented LNG fuel-gas supply system and a MAN ME-GI dual-fuel slow-speed engine.

In addition to the TOTE LNG-powered containerships, NASSCO recently entered into a contract with American Petroleum Tankers (APT) for the design and construction of at least four product carriers that will be ready for conversion to use LNG fuel. The 610-foot-long tankers are a new "ECO" design by DSEC that offers best-in-class fuel efficiency and incorporates the latest environmental protection features, including a ballast-water treatment system.

Fred Harris, president of General Dynamics NASSCO, said, "We're honored to be recognized by Nor-Shipping. The TOTE and APT programs demonstrate NASSCO's commitment to be one of the most innovative shipyards in the world. These Jones Act ships represent a prelude to an international shift to energy efficient and environmentally friendly ships."

More information about NASSCO can be found at www.nassco.com.

More information about General Dynamics is available at www.generaldynamics.com.

SOURCE General Dynamics NASSCO