Nov 4, 2004

KMM becomes Aker Marine, Inc.

Following the recent re-structuring of the Aker Kvaerner Shipbuilding Group, the ownership of Kvaerner Masa Marine Inc. has changed to Aker Yards ASA, Oslo and, on December 1, 2004, the company will become Aker Marine Inc,

The company says "the names and faces clients have come to depend on will remain unchanged and the core business activities will continue as before. This change in ownership will broaden Aker Marine’s design portfolio and allow the company to access the expertise of the various Aker shipyards around the globe."

Addresses are: Aker marine, Inc., 1818 Cornwall Ave., B.C., Canada V6J 1C7 and Aker Marine (U.S.) Inc., 3600 Briarpark, Houston, TX 77042.

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