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Iranian Shipyard Karoon Signs New Contract

Maritime Activity Reports, Inc.

July 27, 2010

Karoon Shipyard, as one of the Iranian private companies in shipbuilding and repair, has won its first new project in New Year. According to a report, Vice President Mahmood Rastkar declared on that, "this supply boat with length 118 ft and 40 ton bullard pull will be equipped with bow thruster and delivery time will be at the end of 2011. Total cost estimation is $2.2m. This vessel is designed according to National Iranian Oil Company (NITC) requirement.

www.karoon-shipyard.com

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