SpecTec Russia, Kazmortransflot Sign Contract

Maritime Activity Reports, Inc.

July 21, 2009

Kazmortransflot is a shipping subsidiary of KazMunaiGaz - a national Oil & Gas company of Kazkhastan. Kazmortransflot has a fleet of tankers, barges, and tugboats. The objective of Kazmortransflot is the creation and development of the national sea merchant marine fleet which contributes significantly to the maintenance of transport independence in the Republic of Kazakhstan. The company will invest in construction and acquisition of tankers, dry cargo fleets and support fleets.

The total project has been split over 2009/2010. The contract for 2009 has been signed on 29/05/09 and covers AMOS implementation on four tankers, the Kazmortransflot office and the warehouse as well. The contract for 2010 will cover AMOS implementation to support fleet and two newbuilt tankers.

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