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Palmali Moves, Invests in Tankers Construction

Maritime Activity Reports, Inc.

October 3, 2007

Palmali announced that the company plans to move its office from Malta to Istanbul in 2008. The Company also announced plans to invest $1.3b in the construction of oil tankers, which will be used to carry oil from Baku – Ceyhan pipeline from Turkey. [Source: http://www.seanews.ru]
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