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Transas Marine Secures Order with Carisbrooke Shipping

Maritime Activity Reports, Inc.

October 16, 2008

Carisbrooke Shipping currently own/operate approximately 40 modern dry cargo vessels, ranging from 3,000 dwt up to 20,000 dwt and have actively been modernizing their fleet in the recent past with an average age today of around three years. They also have a new building order book which will add a further 15 units until the year 2010 from shipyards in , and .

The first of the ECDIS systems will be delivered before the end of 2008 and the remaining will be delivered over a period of three years.

(www.transas.com)

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