OCTOBER 2005 THE COMPANY HAS CONTRACTED FOR THE BUILDING OF A UT-755L DESIGN PLATFORM SUPPLY VESSEL (PSV) WITH HAVYARD LEIRVIK AS A YARD IN NORWAY. THE VESSEL WAS DELIVERED IN NOVEMBER 2006 AND IS ON A LONG TERM CONTRACT OPERATING IN INDIA. FEBRUARY 2006 THE COMPANY HAS CONTRACTED FOR THE BUILDING OF A SECOND UT-755L DESIGN PLATFORM SUPPLY VESSEL (PSV) WITH HAVYARD LEIRVIK AS THE VESSEL WAS DELIVERED IN MAY 2007 AND IS ON A LONG TERM CONTRACT OPERATING IN INDIA. JUNE 2006 THE COMPANY HAS CONTRACTED FOR THE BUILDING OF A TWO 755LN DESIGN PLATFORM SUPPLY VESSELS (PSV0 WITH HAVYARD LEIRVIK AS. THE VESSELS WERE DELIVERED IN JUNE 2008 AND MARCH 2009 RESPECTIVELY. THE VESSEL DELIVERED IN JUNE 2008 IS WORKING IN THE NORTH SEA .THE VESSEL DELIVERED IN MARCH 2009, IS ON A LONG TERM CONTRACT OPERATING IN INDIA. JULY 2008 THE COMPANY TOOK DELIVERY OF A NEW 60 TON BOLLARD PULL ANCHOR HANDLING TUG CUM SUPPLY VESSEL (AHTSV) VIZ. M V POORNA IN JULY 2008 AT SINGAPORE. THE VESSEL IS FITTED WITH DYNAMIC POSITION SYSTEM (DP1) ALONG WITH EXTERNAL FIRE FIGHTING EQUIPMENT (FIFI1).THE VESSEL IS WORKING IN FAR EAST WATERS ON A TERM CONTRACT. OCTOBER 2008 THE COMPANY PLACED AN ORDER FOR ONE LARGE PSV SCHEDULED FOR DELIVERY IN THE 3 RD QUARTER OF FINANCIAL YEAR 2011. DECEMBER 2008 THE COMPANY TOOK DELIVERY OF A NEW 60 TON BOLLARD PULL ANCHOR HANDLING TUG CUM SUPPLY VESSEL (AHTSV) VIZ. MV MEGHNA IN DECEMBER 2008 AT CHINA. THE VESSEL IS FITTED WITH DYNAMIC POSITION SYSTEM (DP1) ALONG WITH EXTERNAL FIRE FIGHTING EQUIPMENT (FIFI1). THE VESSEL IS WORKING IN FAR EAST WATERS ON SPOT CONTRACTS. MARCH 2009 THE COMPANY TOOK DELIVERY OF A NEW 60 TON BOLLARD PULL ANCHOR HANDLING TUG CUM SUPPLY VESSEL (AHTSV) VIZ.MV MAHANANDA IN MARCH 2009 AT SINGAPORE. THE VESSEL IS FITTED WITH DYNAMIC POSITION SYSTEM (DP1) ALONG WITH EXTERNAL FIRE FIGHTING EQUIPMENT (FIFI1). THE VESSEL IS WORKING IN ASEAN WATERS ON A TERM CONTRACT. AUGUST 2009 THE COMPANY’S WHOLLY OWNED SUBSIDIARY TOOK DELIVERY OF 2 ASSETS – ONE WORK ACCOMODATION BARGE AND ONE 60 TON AHTSV.