MPU Offshore Lift Contracts MPU Heavy Lifter

MPU Offshore Lift ASA has entered into an agreement with Solstad Shipping AS for the operation, crewing and technical management of the MPU Heavy Lifter presently under construction at Keppel Verolme's yard in Rotterdam.

Solstad Shipping will also be involved in the supervision during construction and commissioning of the vessel. Delivery of the vessel is expected 1 Q 2009.