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Four new ships join fleet

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Four new ships purchased in 10 days. CMI Caspian Ltd wins contract, together with Integrated Petroleum Services Ltd of Malaysia, to provide 3 modern 45 ton bollard pull tugs and a PSV to support the 2010 field development work for Petronas/MMHE/Technip in Turkmenistan. The vessels are all being mobilised into the Caspian for lay-up during Winter 2009 and scheduled for commencement of operations around February 2010. In conjunction with this contract, CMI Group will open offices in Ashgabat and Turkmenbashi through a Turkmenistan branch which will support these vessel operations.

C.M. Jet 1 and C.M. Jet 2 Acquisitions

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CMI is delighted to announce the arrival of its latest two acquisitions in Kazakhstan. The CM Jet 1 and CM Jet 2 were purchased from Red Funnel Group in the UK and are high speed ( 36 knot) catamaran passenger ferries each capable of carrying 140 passengers. These vessels were loaded on a cargo vessel in Southampton where they previously operated under British flag and transported to St Petersburg for onward shipment to Kazakhstan where they will operate a service carrying offshore personnel from Atyrau to and from the offshore Kashagan Field. A major upgrade took place in Southampton before departure and the pictures below show the loading and the departure as the cargo vessel “MV La Rochelle” passes the Queen Mary 2 in Southampton.

C.M. Service Acquisition

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Caspian Mainport fleet takes delivery of its fourth vessel purchased in four months. The C.M. Service is a Supply Vessel with shallow draft and good deck space making it particularly suitable for Kashagan operations. The vessel also has a 24 man passenger accommodation module fitted to facilitate passenger transportation.

C.M. Mehran arrives in Bautino

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The latest addition to the fleet (C.M. Mehran) arrives in Bautino having sailed from Karachi via Suez and the Black Sea. The vessel was built in 2003 and is a 44 tonne Bollard Pull AHT and will be used by Saipem in support of its operations Offshore Kazakhstan. The vessel was selected due to its Shallow Draft, high horse power and manoeuvrability.

CMI Offshore purchase the C.M. Trader

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Another CMI acquisition with the purchase of the C.M.Trader, a 2,700 tonne Ice-Class Product Tanker. This vessel joins the Kazakhstan fleet and is utilised by Saipem on the Kashagan Project carrying diesel fuel and technical water in support of the Hook up and Commissioning Project. The vessel has a 10 man crew and operates on a year-round basis located at the Kashagan oilfield.

CMI holds it first Staff Conference

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CMI holds it first Staff Conference held in the Hyatt Hotel, Baku with all off duty senior officers attending plus new members of staff comprising 5 Masters, 4 Mates, 6 Chief Engineers, 4 Second Engineers and 1 Bosun and 1 AB. Staff Conferences and Internal Training Programmes are an integral part of Group policies.

C.M. Wulf Vessel Acquisition

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CMI continues its fleet expansion with the acquisition of another vessel (delivery April 2008). This is a specialist Ultra Shallow Draft Ice Strengthened Anchor Handling Tug “Taucher O Wulf 10” which is now renamed “C.M.Wulf”. The vessel operates in the North Caspian specialising in survey and support roles. The vessel is also capable of shallow draft seismic acquisition and support.

CMI completes the acquisition of Survey Vessel “Freya”

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CMI completes the acquisition of the DP1 ROV/Dive Survey Vessel “Freya” now renamed C.M.Surveyor. The vessel was delivered in Bahrain and is currently operating offshore Saudi Arabia with Algosaibi Diving and Marine Services (ADAMS) as a Dive Support/ROV vessel. The crew is all Azeri offering traditional expertise at a competitive cost. This continues the worldwide expansion of operations for the Group.

C.M. 2007 Purchase

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CMI purchases a brand new flat top barge in Holland. The barge renamed “C.M.2007” and provides Saipem with an offshore work platform for construction support on the Kashagan Field in Kazakhstan. The MOA with owners was signed on 26th June 2007. The barge departed Holland on 28th June, transited St Petersburg 4th July and arrived in Kazakhstan and went on hire on 25th July. A remarkable achievement for the Company proving that a privately owned company can move very fast to ensure rapid delivery of a barge for a customer.