<HTML>
<HEAD>
<META http-equiv="content-type" content="text/html; charset=iso-8859-1">
<TITLE> General Dynamics NASSCO - Press Release </TITLE>

<style TYPE="text/css"> A{text-decoration: none;} A:link{color: #0052AD; text-decoration: none;} A:visited{color: #0052AD;} A:hover{color: 0052AD; text-decoration: underline;} </style>
</HEAD>

<BODY bgcolor="#FFFFFF" background="b11.gif" topmargin="0" leftmargin="0" rightmargin="0" marginwidth="0" marginheight="0">

<center>
<table bgcolor="#FFFFFF" width=768 cellspacing=0 cellpadding=0>
  <tr>
    <td valign=top width=50% align=left style="border: 0px solid #c5c5c5">

<p align="justify" style="margin-left:22; margin-right:22; line-height: 130%; font-size: 11pt; font-family: arial; verdana; color: #000000">
<br>

<script type="text/javascript"><!--
google_ad_client = "ca-pub-8405537127393626";
/* SHIP.gr  728x90 image */
google_ad_slot = "1395710375";
google_ad_width = 728;
google_ad_height = 90;
//-->
</script>
<script type="text/javascript"
src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
</script>

<br><br><br>



<img src="nassco.jpg">
<br><br>





<b>
World’s First LNG-Powered Containership to be Launched
<br>at General Dynamics NASSCO for TOTE Inc.
</b>

<br><br>
31 March 2015
<br><br>


<table border=0 cellspacing="0" cellpadding="0" align="right">
  <tr>
    <td width=20>
    </td>
    <td align="right">

<img src="nassco4h2.jpg">
<br>
<i>Marlin Emissions compared to current
<br>vessels in the Puerto Rico Trade</i>

<br><br><br><br>

<script async src="//pagead2.googlesyndication.com/pagead/js/adsbygoogle.js"></script>
<!-- 336_no_border -->
<ins class="adsbygoogle"
     style="display:inline-block;width:336px;height:280px"
     data-ad-client="ca-pub-8405537127393626"
     data-ad-slot="7934309322"></ins>
<script>
(adsbygoogle = window.adsbygoogle || []).push({});
</script>

<br><br><br><br>

    </td>
  </tr>
</table>


WHAT: Special event to christen and launch the world’s first LNG-powered containership built by General Dynamics NASSCO for TOTE. The ceremony will also commemorate NASSCO’s 100th ship launch.
<br><br>
WHEN: Saturday, April 18, 2015 – 8:00p.m. to 9:00p.m. (Gate opens at 7:00p.m.)
<br><br>
WHERE: General Dynamics NASSCO – 2798 East Harbor Drive, San Diego, CA 92113
<br><br>
INFO: The ship’s sponsor, Mrs. Sophie Sacco—wife of Michael Sacco, president of the Seafarers International Union of North America, AFL-CIO—will christen the ship with a traditional champagne bottle break over the ship’s hull. Fireworks will commence immediately upon the christening and launch of the ship.
<br><br>
The name of the ship will also be revealed during the ceremony.
<br><br>
BACKGROUND: As part of a two-ship contract signed in 2012 with TOTE, when completed the 764-foot long Marlin-class containerships will be the largest dry cargo ships of any kind in the world powered by liquefied natural gas (LNG).
<br><br>
The vessels will operate on LNG, which will significantly decrease emissions while increasing fuel efficiency as compared to conventionally-powered ships. The LNG-powered ships will also include a ballast water treatment system, making them the greenest ships of their size anywhere in the world.
<br><br>
Upon delivery in late-2015, the Jones Act-qualified ships will operate between Jacksonville, Florida and San Juan, Puerto Rico.
<br><br>

<img src="nassco4h1.jpg">
<br><font face=arial size=2><i>Artist's rendering of TOTE-1. Image by General Dynamics NASSCO</i></font>
<br><br>


<table border=0 cellspacing="0" cellpadding="0" align="right">
  <tr>
    <td width=20>
    </td>
    <td align="right">

<script async src="//pagead2.googlesyndication.com/pagead/js/adsbygoogle.js"></script>
<!-- 336_no_border -->
<ins class="adsbygoogle"
     style="display:inline-block;width:336px;height:280px"
     data-ad-client="ca-pub-8405537127393626"
     data-ad-slot="7934309322"></ins>
<script>
(adsbygoogle = window.adsbygoogle || []).push({});
</script>

<br><br><br>

    </td>
  </tr>
</table>


ABOUT: General Dynamics NASSCO is the only major shipyard on the West Coast of the United States conducting new construction and repair.
<br><br>
As a complement to its government new construction business segment, NASSCO maintains an extensive history of commercial shipbuilding. In the past decade, NASSCO delivered eleven commercial ships and currently has ten commercial ships in its backlog, including the two Marlin Class containerships for TOTE. For its commercial work, NASSCO partners with South Korean shipbuilding power, DSME, for access to state-of-the-art ship design and shipbuilding technologies. For more information, visit www.nassco.com.
<br><br>
TOTE is a leading transportation and logistics company, overseeing some of the most trusted companies in the U.S. TOTE Maritime companies Totem Ocean Trailer Express and Sea Star Line bring unmatched reliability and service to the Alaska and Puerto Rico markets. TOTE Services offers crewing and technical services to meet the needs of commercial, privately owned and U.S. Government vessels. Carlile Transportation ensures freight arrives in perfect condition to some of the world’s most challenging destinations. TOTE is a Saltchuk company. 
Please visit TOTE’s website at http://www.toteinc.com.


<br><br><img src="nassco4h3.jpg">
<br><font face=arial size=2><i>Invitation to the launch of the world's first LNG-fueled containership.</i></font>




<br>
<br><a href="http://www.nassco.com/" target="_blank">General Dynamics NASSCO press release</a>


<br>

<br><br><br>

    </td>
  </tr>
</table>


<script type="text/javascript">
var gaJsHost = (("https:" == document.location.protocol) ? "https://ssl." : "http://www.");
document.write(unescape("%3Cscript src='" + gaJsHost + "google-analytics.com/ga.js' type='text/javascript'%3E%3C/script%3E"));
</script>
<script type="text/javascript">
try {
var pageTracker = _gat._getTracker("UA-7232568-1");
pageTracker._trackPageview();
} catch(err) {}</script>

</BODY>
</HTML>