NASSCO and DSEC to build Jones Act ships

General Dynamics NASSCO, a wholly owned subsidiary of General Dynamics and Daewoo Ship Engineering Company (DSEC), a wholly owned subsidiary of Daewoo Shipbuilding and Marine Engineering based in Busan, Korea, announced a formal teaming agreement to build ships for the U.S. market under the Jones Act. The Jones Act, among its many provisions, requires ships that carry cargo between U.S. ports to be built in the United States.

Under the agreement, DSEC will provide the detail designs, support services and some of the material necessary for ship production. NASSCO will also procure material and will provide the labor and facilities to construct the ships here. NASSCO is actively marketing these ships to U.S. customers.

NASSCO is teaming with a world-class ship design and construction support company to address an important market for this shipyard,?said Frederick J. Harris, president of General Dynamics NASSCO. ?his extraordinary partnership with DSEC will help NASSCO retain its position as a leading builder of ocean-going Jones Act ships.?