Scana Volda Lands AHTS Equipment Supply Contract

Scana Volda AS has been awarded a contract at a total value of MNOK 40 for delivery of gear, propellers and remote control systems for four anchor handling vessels. The vessels will be built at Jaya Shipbuilding & Engineering in Singapore and delivery will take place during the second half of 2008.

Scana Volda has further been awarded a contract valued at MNOK 27 for delivery of gear, propellers and remote control systems for one anchor handling vessel that will be built at the yard Batamec in Singapore on behalf of the shipping company Otto Industries, also from Singapore. Delivery will take place during the first quarter of 2009.

Scana Volda now holds a satisfactory order reserve for the next two years.

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