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COSCO Deliver Offshore Tender Rig 'T-15'

Maritime Activity Reports, Inc.

December 26, 2012

COSCO Corporation (Singapore) subsidiary COSCO (Nantong) Shipyard Co., Ltd deliver a tender rig to Seadrill.

The tender rig is designed to be placed in close proximity to an oil platform in order to assist in drilling operations.

The new delivery is named 'T-15', and the delivery documents were signed by and between COSCO Nantong and Seadrill on 18 December 2012.

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