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Smit Orders 4 Damen ASD Tugs

Maritime Activity Reports, Inc.

June 7, 2007

Smit and Damen Shipyards Gorinchem signed a contract for four Damen ASD Tugs 3213, a new type of offshore terminal tug, recently developed by Damen. The delivery of the first two vessels is scheduled for mid July 2009 and the remaining two will follow in December of the same year.

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