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Vyborg Shipyard Delivers CS50 Platform

Maritime Activity Reports, Inc.

May 15, 2002

Vyborg Shipyard held a ceremony for delivery to the customer of the multi-purpose semi-submersible platform project CS50. The platform has been constructed in full conformity with the production schedule and the terms and provisions of the contract. The multi-purpose bare-deck platform CS50 represents the 5-th generation of semi-submersible platforms designed by Moss Maritime AS (Norway). The platform is of a catamaran type with two pontoons and six stabilizing columns supporting the upper structure. Main dimensions: 118,6 x 70,4 x 40,6m, hull weight is about 15 000 tons. The platform has an upper deck capable to carry the top structure of the hull 20 000 tons, and is adapted for installation of the both systems of dynamic positioning and passive positioning by means of anchors, and combined system of stabilization of the platform. Depending on the equipment to be installed on board the platform, it will be possible to operate CS50 at the sea depths from 262 to 8,202 ft.

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