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Saab TransponderTech AB Receives Orders From Saab Rousemont Marine and Consilium

Maritime Activity Reports, Inc.

November 8, 2001

Saab TransponderTech has together with its partner Saab Rousemont Marine received orders from Daewoo shipyard in Korea to supply Daewoo Hull Numbers 5178 / 5179 - Oak Maritime 105K TDW Crude Oil Tankers with AIS. These are the first AIS orders for newbuildings in Korea directly placed by a shipyard, and more are to come in the near future.

Also, Consilium Marine has ordered five AIS transponders for National Iranian Tanker Company to be built at Dalian New Shipyard in China. These are the first AIS orders for newbuildings in China.

Kongsberg Maritime, Nera, STN-Atlas and Kelvin Hughes have also recently placed orders with Saab TransponderTech for AIS transponders to be delivered in November. This shows the responsibility of the shipowners for early implementation of AIS, even if its not mandatory for these types of ships until 1/7 2002.

The orderbook for U.S. dredgers is about $3B, and according to DCA CEO Bill Doyle, the incoming political administration could help this niche maritime sector continue its bull run.
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