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Caspian Marine Lines executives do not connect shipyards replacement with Azeri vessels upgrade President of company

Business Materials 3 July 2006 12:19 (UTC +04:00)

Establishment of new shipyard and the consequent replacement of all shipyards outside Baku will not influence the vessels upgrade terms, Trend reports quoting Aydin Bashirov, resident of Caspian Marine Lines.

At the moment Caspian Marine Lines are upgrading the 12,334ton deadweight tanker General Aslanov. The tanker is provided with second shell in accordance with safety requirements.

The company already provided the second shell to tanker Shamkhor of similar design. The similar operations will be performed in short with third similar tanker, Gafur Mamedov. There are three such tankers operated by Caspian Marine Lines.

The vessels upgrade is necessary due to the IMO convention providing for all vessels with deadweight over 12kt to be provided with second shell to prevent cargo spill to the sea as a result of accident. One vessel upgrade costs some $500-$600k.

In 2009, vessels with tonnage over 7kt will not be allowed to transport cargos unless with second shell.

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