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Keppel Wins $131m Shipbuilding Deal

Maritime Activity Reports, Inc.

July 28, 2008

Keppel Corp said it has won a $133m contract to build a ship for a Romanian drilling company.

Keppel said that its unit Keppel Singmarine Pte Ltd would build the multi-purpose heavy lifting and pipelaying vessel for drilling contractor Grup Servicii Petroliere SA to be used in the Black Sea and .  It is cheduled for completion by the third quarter of 2011.

Source:  Reuters

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