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    GC Reiber unit cancels newbuild

    Vessel & ROV News // September 9, 2009

    Suil Na Mara Offshore Review reports that Polar Marine I Pte Ltd, a JV company controlled by GC Rieber (51 per cent) and Otto Marine (49 per cent) has cancelled yard number 7037 at PT Batamec Shipyard.

    The unit was a multi-purpose MT6009 and was part of a four vessel order the JV placed at the yard in May 2008.

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