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Labroy Unit Signs $24.8M Contract

Maritime Activity Reports, Inc.

October 25, 2005

Singapore's Labroy Marine Ltd. reportedly signed a $24.8 million shipbuilding agreement with Norway's Belden Shipping Group. The company said that Labroy Shipbuilding and Engineering Pte. Ltd. will construct a 20,200-deadweight-ton cement carrier, which will be delivered in 2007.

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