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    Heerema postpones decision on newbuild crane vessel

    Vessel & ROV News // December 19, 2008

    Heerema Marine Contractors has announced that basic design of its newbuild crane vessel will be completed in early 2009 but that, given the global economic developments and its effects on the international oil and gas industry, the decision to construct the vessel cannot be made until market conditions improve.

    "The current oil price and economic situation are not favourable for making major investment and financing decisions," said Heerema.


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