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Svitzer Orders Pair of Damen ASD Tugs

Maritime Activity Reports, Inc.

September 20, 2007

On September 10, Svitzer and Damen Shipyards Gorinchem signed a contract for the construction and delivery two Damen ASD Tugs 2411. Although Svitzer already operates a few Damen Tugs in their fleet of over 500 vessels, this contract represents the first direct order. The deliveries are scheduled for respectively end July and end October 2008. Both tugs will have a bollard pull of approx. 70 metric tons and will be built according to the UK MCA requirements and are well equipped for various port operations.

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