SCAN Launches First Newbuild Vessel Ahead of Schedule

SCAN Geophysical ASA

SCAN Geophysical ASA has announced that the Company's first newbuild M/V SCAN Empress was successfully launched today, 18 days ahead of plan. The vessel is now alongside the outfitting jetty where on-loading and erection of the seismic hangar will continue.

However the vessel will be moved back to the dry dock for a few more weeks. This extra operation could cause a few weeks delay and hence delayed start up of operation from mid of March to mid of April 2009.