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11 Nov 24 |
Japan: Seatrium signs LOI for a Heavy Lift Vessel for Japan’s wind market Seatrium has announced that its subsidiary has signed a Letter of Intent (LOI) with Japan-based Penta-Ocean Construction (POC) to carry out early engineering work for a 5,000t fully-revolving Heavy Lift Vessel project for the Japan wind market. Subject to the final investment decision by POC, the full EPC contract award is expected in 1Q 2025. |