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Bid Solicitation for New Passenger Vessels

Maritime Activity Reports, Inc.

February 9, 2006

An invitation to bid on the construction of a new Passenger Only Ferry and a new Cargo / Passenger Ferry for Puerto Rico Maritime Transportation Administration (PRMTA) of Fajardo, Puerto Rico is expected later this month. Bristol Harbor Marine Design (BHMD) is currently developing the performance specifications for the vessels. A Request For Proposals (RFP) for both vessels is expected. Preliminarily, the vessels include one (1) Subchapter K Passenger Only Ferry; and one (1) Subchapter K Cargo / Passenger Ferry. Commensurate with publishing the RFP, preliminary performance specifications will be accessible by visiting BHMD’s website at: http://www.bristolharborgroup.com/downloads.html, and selecting the documents under “Project 05484 –Passenger Only Ferry and Cargo / Passenger Ferry for Puerto Rico Maritime Transportation Authority (Fajardo, Puerto Rico)”.
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