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Aker Yards to Build PSVs for Greatship Limited

Maritime Activity Reports, Inc.

April 25, 2006

Greatship (India) Limited, wholly owned subsidiary of The Great Eastern Shipping Company Limited, Mumbai India, has confirmed an agreement with Aker Yards, for the building of two Platform Supply Vessels of UT 755 LN type. Delivery is scheduled for July and October 2008.

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