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STX to Build 6 for National Maritime Transport

Maritime Activity Reports, Inc.

July 19, 2007

Accoring to reports, Atiya Salem, deputy chairman of NBE Board of Directors said that National Maritime Transport Co. has placed an order with STX Shipyard of South Korea to build six vessels of 81,000 tons & 86,000 tons capacity valued $251.6m under finance from National Bank of Egypt (NBE).