NASSCO Lays Keel of Fourth Product Carrier

Friday, June 05, 2009

General Dynamics NASSCO, a wholly-owned subsidiary of General Dynamics (NYSE:GD), laid the keel of the fourth ship of its State-class product carriers. The ship will be named Empire State, the state nickname of New York.

NASSCO began constructing the Empire State last January. The ship will be double-hulled and have a cargo capacity of approximately 331,000 barrels. It will be used in Jones Act service, carrying petroleum and chemical products between U.S. ports. The shipyard anticipates delivering the vessel to U.S. Shipping Partners in the second quarter of 2010.

General Dynamics NASSCO employs more than 4,700 people and is the only full-service ship construction and repair yard on the West Coast of the United States. In addition to the product carriers, the San Diego shipyard is building dry cargo-ammunition ships for the U.S. Navy.

(www.nassco.com)

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