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Aker Philly Shipyard Build Methodologies Confirmed in Court Decision

Maritime Activity Reports, Inc.

September 29, 2008

In a decision filed by the U.S. District Court of the Eastern District of Pennsylvania has upheld the United States Coast Guard interpretation of the Jones Act as it relates to the modern building methods employed by Aker Philadelphia Shipyard. The decision rejected a lawsuit filed by the Metal Trades Department of the AFL-CIO.  Aker Philadelphia Shipyard President and CEO, Jim Miller remarked We wish to reiterate that Aker Philadelphia Shipyard is extremely proud to be building ships in full compliance with the legal requirements for vessels to be operated in the Jones Act trade. We are satisfied with the courts decision and by working closely with our skilled union work force will continue to deliver on our promise to build quality ships for the U.S. market."

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