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CMA CGM Names Owens Cadet of the Year

Maritime Activity Reports, Inc.

January 23, 2006

Simon Owens has been named as CMA CGM UK's first Cadet of the Year just over one year since joining the company's cadet training program which is an integral part of its participation in the UK Tonnage Tax Regime. Simon is one of the seven cadets initially recruited by CMA CGM UK in 2004. At present, the company has 16 cadets under training at various colleges in the UK and a further 11 will be recruited this year. Cadet recruits join a three-year training program with courses onshore and at sea to learn skills in navigation or engineering. Simon, who is 25, is studying for a HND to become a marine engineering officer and has obtained good results both in his examinations, as well as excellent appraisals during his periods at sea.

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