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Aker Yards to build AHTS for REM Offshore

Maritime Activity Reports, Inc.

May 4, 2007

Aker Yards has entered into a contract with REM Con AS a subsidiary of REM Offshore ASA for building of two AHTS vessels. The vessels are Anchor Handling Supply Vessels, based on the Aker Yards design AH 12. Delivery is scheduled in Q1 2010, and Q2 2010. The vessels will have a bollard pull in excess of 300 tons, and will be outfitted with a triple drum winch of 500 tons. Accommodation is planned for 70 persons.

The hulls for the vessels will be built at Aker Yards in Romania, and outfitted at Aker Yards in Norway.

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