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Western Shipyard Turnover Increases

Maritime Activity Reports, Inc.

November 16, 2005

Western Shipyard, a Lithuania-based ship building, ship repair and metal treatment company, is further increasing its turnover. During the first nine months of 2005, the company’s turnover amounted to $42.3 million. In comparison with the same period of last year, the company’s turnover has grown by 34 percent.

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