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GE Shipping Unit Orders AHTS

Maritime Activity Reports, Inc.

August 22, 2006

Great Eastern Shipping Co. Ltd. said on Monday its subsidiary had signed a contract to buy two vessels from Sri Lanka's Colombo Dockyard Ltd. The anchor handling tug and supply vessels would be delivered to Greatship (India) Ltd. during the third and fourth quarters of the year to March 2008, the company said in a statement. Source: Reuters