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Germanischer Lloyd Classifies New Tankers

Maritime Activity Reports, Inc.

August 12, 2002

Classed by Germanischer Lloyd, the 31,600 dwt Seychelles Pride is a new addition to GL's stable of technologically sophisticated double-hull product tankers. Designed for the transport of chemicals (IMO Type 3), oil, and oil products, it represents a further development of the "Lindenau Safety Tanker Class 2004" which has received a number of international awards for innovative design and safety. Delivered in June 2002, it is the fifth vessel in this successful series to be classed by GL. Built for Seychelles Shipping Lines Ltd. by the Lindenau shipyard at Kiel, the new tanker will be operated by Columbia Shipmanagement Ltd. of Limassol. The Seychelles Pride was joined in July 2002 by a sixth tanker in the series – the 34,200 dwt "Eberhardt Arctic" which was launched on 20 July 2002 for the Carl F. Peters shipping company of Bargteheide, Germany. The vessel was also built by the Lindenau yard at Kiel. GL has also received orders for the classifying of two more 32,480 dwt oil tankers to be built at Lindenau's Kiel yard for German Tanker Shipping, a regular customer of the yard. In addition, two VLCCs of 316,000 dwt are being built under GL supervision at the Hyundai shipyard in Korea for the "Nord" Klaus E. Odendorff shipping company, and which are scheduled for delivery starting in 2003.

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