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AVEVA Gets New Contract with SLS

Maritime Activity Reports, Inc.

July 19, 2007

AVEVA announces new contract with leading Korean marine company AVEVA , a leading provider of plant and marine design and engineering lifecycle solutions, announced its win of a new contract with leading Korean shipbuilder, SLS Shipbuilding Co. Ltd. in Gyeongnam. SLS Shipbuilding Co. Ltd. is one of Korea’s oldest and leading shipyards, internationally recognised as a highly specialised constructor of medium sized vessels and chemical tankers. The group has contracts to manufacture up to 18 of the region’s chemical tankers and ships in 2007, with plans to produce an additional 30 vessels in 2010. The company seeks to become a world leader in the production of medium sized product and chemical tankers.

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