FINCANTIERI MARINE GROUP AWARDED MULTIPLE SAFETY AWARDS

GreenBay,May292014‐Recently,FincantieriMarineGroup,theUnitedStatessubsidiaryofFINCANTIERIS.p.A.thelargestshipbuilder intheWesternworld,wasawardedmultiplesafetyawards for their three shipyards based inWisconsin: Bay Shipbuilding Corporation (“BSC” inSturgeonBay),AceMarine(“ACE”inGreenBay)andMarinetteMarineCorporation(“MMC”inMarinette). The Awards ceremony, held on May 1st in Washington D.C., was to recognizeleaders in safety throughout the United States ship repair, construction and conversionindustry.Amongsttheawardsgiven,BSC,MMCandACEreceivedthe“AwardforImprovementin Safety” and Marinette also received the “Safety Excellence Award”. To receive theImprovementinSafetyAward,thefacilitymustreducetheirRecordableInjuryRateby10%orgreater.BothBSCandMMCreducedtheir2013IncidentRatesbyover45%,andACEreducedtheir Incident Rate by over 20%. MMC’s additional award, the Safety Excellence Award,recognizesshipyardswho’sRecordableIncidentRatewaslowerthantheShipBuildersCouncilofAmericaaverageof4.7.

On hand to accept the award for the Fincantieri Marine Group were Jeff Freeman, VicePresident of Business Development and Tom Carow, the Environmental Safety and HealthManager for BSC and ACE.Mark Garrett, the Director of Health and Safety Services for theInternational Brotherhood of Boilermakers was also on hand during the reception. TheseawardsdirectlyreflectthehardworkanddedicationofthehundredsofFincantieriemployeesthat strive each day towork safely, in a profession that requires unrelenting attention fromworkersandmanagersalike.

FINCANTIERI is one of the world's largest shipbuilding groups, which in over 200 years of maritime

history has built more than 7,000 vessels. It is a world leader in cruise ship construction and a reference

player in other sectors, from naval vessels to cruise ferries, from mega-yachts to special high value-added

vessels, ship repairs and conversions and offshore vessels. Headquartered in Trieste, Italy, the Group

has a total of more than 20,000 employees over 21 shipyards in 3 continents.

For Additional Information Contact: Jeffery Freeman, FMG Vice President of Business Development

202.488.4787 • jeffery.freeman@us.fincantieri.com

PHOTOS ATTACHED:

Pictured from left to right are: Matthew Paxton (SCA President),Tom Carow (BSC and ACE EHS Manager), Jeff Freeman (FMG VP of Business Development), and Ian Bennitt (SCA Government Affairs Manager).