December - Keppel Verolme terminates the MPU Heavy Lifter project

Singapore, 16 December 2008 - Further to the announcement on 1 July 2008, Keppel Verolme BV, a wholly owned subsidiary of Keppel Offshore and Marine Limited, has decided, after evaluating all possible options, to terminate the MPU Heavy Lifter project and commence the scrapping process of the concrete hull.
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