Eastern Shipbuilding Group, Inc. is pleased to announce that on March 29, 2013, O’Hara

Corporation of Rockland, Maine signed a contract to construct and deliver one (1) 194’

(59.13m) DNV Classed Freezer Stern Trawler Fishing Vessel. This new contract will be constructed from their ST-115 design furnished by Skipsteknisk, AS of Aalesund, Norway.

The new vessel will be built to Classification Rules and Regulations for fishing vessels and meet the requirements of the authority of Det Norske Veritas (DNV) +1A1, Stern Trawler, E0 Notation for hull and DNV ICE 1B designed, outfitted and inspected for harsh cold environments.

The vessel design has a highly efficient hull shape which reduces hull resistance and increasing fuel efficiency.

The accommodation and interior outfitting is designed for 54 persons, excluding the hospital and completely insulated for the harsh working environment. Marine Interior Systems of

Covington, LA is Eastern Shipbuilding’s selected Joiner and Insulation sub-contractor for the vessel. Our two companies continue to have a strong working relationship that has spanned almost a decade.

The vessel is fully equipped with state of the art systems for bottom and pelagic trawling with single trawl. The winches are electrically driven and provided by Rapp Hydema, a well proven supplier of winch systems and are designed for regeneration of power.

The main processing equipment, in the enclosed factory will consist of various types of fish heading machines and factory systems, consisting of transport systems, fish grader, storage tanks, weighing graders, weighing system, packing tables, packing machine, automatic horizontal freezer system H1, block elevators, etc. The design intention of the process deck layout and selected equipment for transport and handling is to obtain a system with the largest amount of automation, assisting the employees working in the processing area. This arrangement is designed to achieve very high throughput with minimum fish damage, improve employee efficiency all in a clean and safe work area.

The vessel will be outfitted with three (3) working cranes for various onboard operations. One

(1) aft deck crane is dedicated to work during fishing operations. It’s a 360 ° deck crane with a telescopic boom with a lifting capacity 6,400 pounds and a maximum working radius of 35 feet.

One (1) midship deck crane dedicated as off-loading crane for continuous operation in port is a 360 degree deck crane with a telescopic boom. One (1) forward deck crane is also dedicated for continuous operation during off-loading in port is a 360 degree deck crane with knuckle boom operated by its own hydraulic power unit.

The vessel will have the latest in EPA emission Tier 3 certification. The vessel is powered by one

(1) EMD MEL16-710G7-Tier 3 diesel engine rated at 4,000 HP at 900 RPM provided by Valley Power Systems, Inc. of Seattle, WA. The propulsion vertical offset Lufkin reduction gear model

VSQ4134HG-K-PTO with a 7.20:1 reduction is Owner supplied. While underway a propulsion gear driven 1,700kW shaft generator at 1,200rpm variable speed, constant voltage is provided for the vessels primary electrical power source for utilization of the vessels total installed equipment, winches, processing, fish handling systems, pumps and ships services, etc.

Secondary electrical power is provided by two (2) 550kW Caterpillar C18 Tier 3 generator sets and emergency power is provided by one (1) 95kW Caterpillar C4.4 Tier 3 emergency generator all are rated for 60 Hz, at 480 vac. These diesel engines comply with the current EPA/MARPOL control of emissions of nitrogen oxides from marine diesel engines.

The O’Hara Corporation is not new to contracting with Eastern. The O’Hara and D’Isernia families go back to the early 1990’s with the F/V ENTERPRISE a Catcher Processor Conversion delivered in 1996. Between the years 2002-2005 five additional fishing vessels were delivered and now the F/V AHARO will deliver in mid-2015.

For over 100 years, the O'Hara Corporation has withstood the test of time operating fishing vessels across both the Atlantic and Pacific Oceans. Starting in Massachusetts, Francis J. O'Hara began building his sailing fleet in 1903; after four generations, the process continues. From setting a seine net off the Coast of Maine for herring, participating in the scallop fishery out of

New Bedford, Mass and operating factory processing boats in the Pacific Northwest, and even a marina in Maine, nothing seems to slow down the O'Hara Corporation.

Eastern Shipbuilding Group, Inc. has two shipbuilding facilities in Panama City, Florida and has been in business since 1976 building, converting and repairing vessels in steel and aluminum of all types including tugs, barges, offshore support vessels, research vessels, firefighting vessels, barges, ferries, passenger vessels, fishing vessels and towboats for both the commercial and government marine markets.

Eastern Shipbuilding Group continues to remain a diversified shipbuilder. This new Freezer

Stern Trawler Fishing Vessel will maintain Eastern Shipbuilding’s role as one of the largest manufacturers of fishing vessels in the United States.