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Aker To Build AHTS for Farstad

Maritime Activity Reports, Inc.

October 7, 2005

Aker Yards has signed a contract worth $69 million to build an Anchor Handling Tug Supply Vessel (AHTS) for Farstad Supply AS, to be delivered in the summer 2007. Farstad Supply AS is wholly owned by Farstad Shipping ASA. The new vessel will be the most advanced within the Farstad-fleet. The 27,500-hp vessel will be one of the biggest and most advanced vessels within its segment.

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