General Electric : GE Technology Powers Eastern Shipbuilding’s Next Generation of Multipurpose Supply Vessels

PANAMA CITY, FLA.-May 4, 2016-Trust is earned, and after equipping over 20 purpose supply vessels (PSV)/multipurpose supply vessels (MPSV), GE (NYSE: GE) is proud to have been chosen as the trusted partner of choice for Hornbeck Offshore Services' (HOS) next generation of U.S. flag, Jones Act-qualified MPSVs, constructed at Eastern Shipbuilding.

The scope of GE technology onboard these two vessels include the first MKII MV3000 Active Front End (AFE) drive. Manufactured in Kidsgrove U.K., these drives have one of the highest power density of any drive ever produced by GE's Marine Solutions, providing performance comparable to a much larger solution while occupying far less space onboard.

In addition to the drives, GE has also provided its latest generation dynamic positioning (DP) system. With the help of HOS' input, the SeaStream* DP system has a completely redesigned and improved user control interface. The new interface puts the control of the ship back into the hands of the mariner with simpler, intuitive controls allowing critical information to be delivered in an easy to comprehend manner for the user, which results in more efficient DP operations.

Commenting on the project, Ken Munroe, executive vice president and chief operating officer of Eastern Shipbuilding Group said, 'GE has already provided equipment on more than 20 vessels built by us, which is a testimony of our trust in their solutions. Throughout our long-term relationship, we have been very happy with their high-performance solutions.'

'These are our flagship U.S. MPSVs, and we are delighted to have some of the newest and most-advanced technology from GE equipping them,' said William Krewsky, director of projects and engineering at Hornbeck Offshore. 'The solution provided by GE has been met with initial appreciation by our fleet operators during the sea trials and delivery of the lead vessel.'

Tim Schweikert, president & CEO, GE's Marine Solutions said, 'At GE, customers define our success. We are delighted to provide the best of our solutions to enable Eastern Shipbuilding to build the next flagship vessels for HOS. Our longstanding relationship with them is a result of providing years of cutting-edge and reliable solutions, which have met their high standards.'

GE will provide its solutions for two of HOS' MPSVs, both of which were delivered by the yard in January and April of this year, respectively. GE will also provide training to enable operators to use the new technology efficiently.

* Indicates a trademark of the General Electric Company and/or its subsidiaries.

About GE

GE (NYSE: GE) is the world's Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. GE is organized around a global exchange of knowledge, the 'GE Store,' through which each business shares and accesses the same technology, markets, structure and intellect. Each invention further fuels innovation and application across our industrial sectors. With people, services, technology and scale, GE delivers better outcomes for customers by speaking the language of industry. For more information, visit the company's website at www.ge.com.

About GE's Marine Solutions

GE's Marine Solutions is dedicated to power and propulsion systems for customers in the workboat, merchant, offshore and naval industries. Smart engineering coupled with software analytics, we provide customers with data-driven efficiency. Connecting the physical and digital worlds, GE helps power, propel, position and predict the marine industry for operational excellence. For more information, visit the company's website at www.gemarinesolutions.com