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Bourbon Offshore Buys Chinese Ships

Maritime Activity Reports, Inc.

March 9, 2006

Bourbon Offshore Norway AS is paying $52 million to China`s Zhejiang Shipbuilding Co. Ltd. for four platform supply ships. The Ulstein P105 vessels will be delivered between September 2007 and September 2008, BON said Wednesday. Bourbon has already taken delivery of two type Ulstein P105 vessels from Ulstein Verft. Bourbon Topaz was delivered in February 2005 and Bourbon Peridot towards the end of October 2005. Source: M&C News

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