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General Dynamics NASSCO Begins Construction of New Line of Commercial Ships |
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Wednesday, 29 August 2007 23:41 |
SAN DIEGO, Aug. 27 /PRNewswire/ -- General Dynamics NASSCO, a
wholly-owned subsidiary of General Dynamics , today began construction
of its first product carrier ship for U.S. Shipping Partners . NASSCO
is building the ship from designs provided through its collaboration
with DSEC of Korea, a subsidiary of Daewoo Shipbuilding and Marine
Engineering. The San Diego shipyard is scheduled to lay the ship's keel
in December and deliver the ship in early 2009.
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'Start of construction of a lead ship is the most significant
activity for a shipyard,'said Frederick J. Harris, president of
General Dynamics NASSCO. 'As the leading builder of ocean-going Jones
Act ships in the nation today, we are ready to build this ship. We have
taken a proven ship design and adapted it for efficient construction in
this shipyard.'
In August 2006, NASSCO received a $1 billion contract from U.S.
Shipping Partners to build nine ships. The double-hulled ships will be
183 meters (600.4 feet) in length, displace 49,000 dead weight tons and
will have a cargo capacity of about 331,000 barrels. They are designed
to carry petroleum and chemical products in Jones Act trade. The Jones
Act, among its many provisions, requires ships that carry cargo between
U.S. ports to be built in the United States.
U.S. Shipping Partners has decided to name the first ship, Golden
State, in honor of California where the ship is being built and
expected to operate. The other ships of the class will bear the
nicknames of American seaboard states.
General Dynamics NASSCO employs more than 4,600 people and is the
only major ship construction and repair yard on the West Coast of the
United States. In addition to the Product Carrier ship program, NASSCO
is also building the new class of T-AKE dry cargo-ammunition ships for
the U.S. Navy. Additional information on NASSCO can be found at
www.nassco.com.
General Dynamics, headquartered in Falls Church, Virginia, employs
approximately 82,900 people worldwide and anticipates 2007 revenues of
more than $27 billion. The company is a market leader in business
aviation; land and expeditionary combat systems, armaments and
munitions; shipbuilding and marine systems; and information systems and
technologies. More information about the company is available online at
www.generaldynamics.com.http://money.cnn.com/news/newsfeeds/articles/prnewswire/NEM08727082007-1.htm
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