Jan De Nul Group Continues Orders 8 New Vessels

Maritime Activity Reports, Inc.

July 18, 2007

The Jan De Nul Group has placed orders with Tianjin Xinhe Shipbuilding Heavy Industries Co.Ltd. in Tianjin, China for 8 new vessels. With these orders the cooperation between Tianjin Xinhe Shipbuilding Heavy Industries Co.Ltd. and the Jan De Nul Group continues. Since 2003 Xinhe Shipyard has built and delivered 9 vessels (5 splitbarges, 1 splithopper, 2 cutter suction dredgers and 1 workboat). These vessels are now operating succesfully in the Jan De Nul Group fleet.
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