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Aker Yards to Build Two More PSVs for Nordcapital

Maritime Activity Reports, Inc.

May 9, 2006

Aker Yards has confirmed an optional agreement with Nordcapital Holding GmbH & Cie. KG in Hamburg, Germany for the building of two Platform Supply Vessels. The Contract value is approximately $47.5m. Delivery is scheduled for summer and autumn 2008. The vessels have the designation UT 755LN.