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MAN Diesel Signs New Contract

Maritime Activity Reports, Inc.

August 16, 2007

MAN Diesel has signed a new Chinese licence contract with Wuxi Antai Power Machinery Co., Ltd. The Chinese company will deliver small-bore MAN B&W two-stroke engines to small yards. The engines will have cylinder diameters up to 46 cm and will be targeted at bulk carriers and tanker vessels for domestic trade.