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Aker Yards Gets Contract for Multi-Purpose Vessels

Maritime Activity Reports, Inc.

February 9, 2007

Aker Yards in Ukraine (Damen Shipyards Okean) has been awarded a contract for delivery of three multi-purpose vessels by the Ukrainian shipping company JSSC Ukrrichflot. The yard has previously built six vessels in the same series for the company, and an additional three vessels are currently under production. The vessels are expected to be delivered between April and November in 2009. The total value of the contract $33.6m.