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Dato/tid 18.05.2012 08:45
Utsteder Scana Industrier ASA
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Tittel Scana Industrier ASA - New contracts to Scana Propulsion
Tekst


Scana Industrier ASA has through its subsidiary Scana Propulsion AS signed new
contracts with Kleven Maritime AS, Norway ad Rong Ta Trading Co. Ltd., Taiwan,
for delivery of propulsion equipment at a total value of NOK 35 million.

The contract with Kleven Maritime AS is for delivery of a gear ad cp propeller
system with control system for a new seismic vessel for Sanco Shipping aAS. The
vessel is of Skipsteknisk Design, ST 324. The Propulsion system from Scana
Propulsion is a diesel mechanical twin Screw system type EACG 115 TS1250. The
delivery is planned for first half 2013.

The contract with Rong Tai Trading Co. Ltd. is for delivery of a Scana
propulsion system consisting of a twin screw gear, propeller, tunnel thruster
and control system. The propulsion system is an ACG 105 980H. The vessel is to
be built at Jiangdong Shipyard in China. Scana Shanghai Trading in Shanghai will
perform project follow up and start up of the system i China. The equipment is
planned for delivery first quarter 2013.

-Scana Propulsion has established a strong position as a supplier of advanced
and tailor made propulsion systems for seismic and larger offshore vessels, and
is proud to be selected by Kleven Maritime and Sanco Shipping for new
deliveries, CEO of Scana Industrier ASA, Rolf Roverud says.

-In a market still characterized by low contracting activity and strong
competition, it is of high importance to Scana Propulsion to maintain a stable
activity level by achieving new orders. In the global perspective offshore and
specialized vessels show increased activity in contracting, both segments
representing a good potential for the entire Scana Propulsion product range,
Roverud says.

For further information please contact:

Mr. Kristian Saetre, Group Director and Senior Vice President, Scana Propulsion
AS, Mobile: +47 913 40 505

Mr. Rolf Roverud, CEO Scana Industrier ASA, Mobile: +47 91167581

Mr. Kjetil Flesjå, CFO Scana Industrier ASA, Mobile: +47 900 41 213


This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.


[HUG#1613179] 
    

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