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SHI Wins Three New Contracts

Maritime Activity Reports, Inc.

January 2, 2003

South Korea's Samsung Heavy Industries reportedly has won three contracts totaling $580 million. The company will reportedly build:

One LNG Carrier for Ras Laffan LNG Transport Ltd. of Qatar;

Two petroleum products carriers for Euroceanica CTGM SA; and

Five Containerships for Seaspan Container Lines Ltd. of Canada.

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