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Schat-Harding Books Strong Year

Maritime Activity Reports, Inc.

November 9, 2004

Schat-Harding, a maker of lifeboats and davits, reported a strong orderbook in the third quarter of 2004, with orders totaling $16 million booked, driven by strong demand from passenger ships, offshore rigs, LNG and ice-class tankers and naval vessels.

Key passenger ship orders included six CTL38 cruise tenders and 14 MPC32 compact cruise lifeboats with PD davits for two MSC newbuildings at Chantiers de l'Atlantique, eight MPC32 boats and VIP davits for a series of RoPax building at Italy's Visenti yard, and two MPC32 boats with davits for the lengthening of the RCCL Enchantment of the Seas.

Offshore orders included two KISS800 systems for the Atwood Beacon rig, four KISS boats and davits for Pemex and two MCB 600 boats for the Dolphin Energy project.

Specialist orders include four MCB28 boats and davits for a Russian icebreaker and four KISS700 boats and davits for two icebreakers to be built at Norway's Havyard Leirvik and two MCB24 boats for the LNG carrier building for Kristen Navigation at Korea's Daewoo yard. The Portuguese navy has also ordered Schat-Harding davits for its 10-ship Offshore Patrol Vessel series.

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