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Ourclientclinchedaturn-keyprojectfortwoofthecranesfrommajorshipbuildingcompanyofSingaporeCraneisunderconstructioninKoreaandasperschedulemanufacturingwillbecompletedwithinthisyearAfterbeingdeliveredtoJurongShipyardinFebruary2019thecraneswillbeusedtobuildoffshoreplantWithdimensionsof182minlengthand125minheighteachofthecranesweighs10000tonsItiscapableofliftingupto15000tonsofshipblocksoroffshoreplantmodulesThisyearKNTOTALwascontractedforthetransportandexportofaGoliathgantrycranesfromKoreatoJurongShipyardinSingaporeParticularlyaconsortiumagreementhasbeenagreedbetweenKNTOTALand Withlift-F,anengineeringcompany TwocompanieswillprovideamultitudeofservicesthroughoutthisprojectTheseserviceswillincludeHeavyHaulageforModule TransportOceanTransportInstallation(Erection)TestingandCommissioningWearecreatinganddevelopingaverydeepandstronglyboundedpartnershipwhereinbothcompanieswillsharefacilitiesandinfrastructuresandalignsalesandmarketingeffortsthroughoutprojectmarketBycollaboratinginsuchamannerKNTOTALand Withlift-FareproducinganincreaseinvaluetoallourclientsintheformofreducedcostsandimprovedservicesBycreatingthisnewbusinessmodelwecanprovidetheoptimumequationwhereby1+1=3forallourclients WeareveryexcitedaboutthisnewsynergyandthenewopportunitiesitwillbringandgenuinelylookforwardtopassingthesebenefitsontoourclientsKNTOTALsignedcharterpartywithZPMCofChinafortransportofGoliathCranesCranesarebeingunderconstructionatfactoryProjectsummary121700 TONS306000CBM2Koreanports/JurongShipyardSingapore3Period201902~2019034 WorkscopeFIFO11
