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    ASCO secures long term logistics contract with Shell Expro

    News // November 22, 2002
    ASCO plc has announced the award of a major Integrated Supply Logistics Contract with Shell UK Exploration and Production (Shell Expro).

    The new five-year contract (which contains options to extend up to seven years ) will commence on 1st February 2003 and will be undertaken from Aberdeen. The contract value is in excess of 35m.

    The contract is for the provision of base services together with themanagement of Shell Expro's Torry Marine Base and Altens Operations Base(Warehousing Operations).

    ASCO will provide a number of key services including: stevedoring, transportation, materials handling, receipting and dispatching, stock handling and preservation, daily management of platform supply vessels and optimisation of the fleet.

    Colin Manderson, Chief Executive of ASCO said: "We are delighted with theaward of this major contract. Shell Expro is a new customer for ASCO in theNorthern North Sea and we look forward to working closely with them toprovide the highest level of service and commitment to safety."

    Chris Paul Logistics Manager, Shell Expro, said: "I am pleased to announcethis new contract with ASCO, which underlines Shell Expro's continued commitment to the North Sea."

    The contract will see a number of employees transfer from Seaforth MaritimeLimited to ASCO.

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