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Marine Log

October 12, 2006

Todd Pacific gets $6.5 million AMHS contract

Todd Shipyards Corporation reports that its its wholly owned subsidiary, Todd Pacific Shipyards Corporation ("Todd Pacific") has been awarded a contract by the Alaska Marine Highway System to perform overhaul and maintenance work on the Alaska State Ferry, MV Malaspina.

The work will be accomplished at Todd Pacific's Seattle shipyard and is scheduled to be completed on April 5, 2007.

The firm fixed priced contract award is $6,492,793.32

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