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Shannon Tugs Signs Three-Year Extension

Maritime Activity Reports, Inc.

October 22, 1999

Shannon Tugs, a 50/50 joint venture between Cory Towage and Marine Transport Services, has signed a three-year extension to its existing contract with Foynes Port Authority. The company has upgraded its tug fleet to accommodate larger vessels, which are expected to be calling at Foynes. Currently expanding its facilities, the Port of Foynes has just finished a $16.6 million extension to its main jetty, bringing the quay length to 886 ft. (270 m). An additional $3.3 million will be used for dredging and new navigation lights, according to FPA's harbormaster, Captain Senan Histon.

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