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Lyras to Give Presentation at Baltic Exchange

Maritime Activity Reports, Inc.

October 2, 2002

In connection with the Maritime London exhibition at the Baltic Exchange on October 3, 2002, Dimitris Lyras representing INTERTANKO will address the widely discussed issue of transparency of information with a presentation entitled 'Charterers are likely to soon depend on owners being transparent so what hurdles does this still leave for the industry to overcome ? ' Lyras's presentation will question whether there is some underlying solution to this discussion that will serve the desire of increasing safety and quality while mitigating the impact of isolated information that the industry is now required to make public.

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