Patriot Mechanical Handling Receives Order from Dalian

Wednesday, December 21, 2005
Patriot Mechanical Handling Inc. received an order worth $3.28 million from Dalian New Shipbuilding, which is based in Dalian, China, according to a China Knowledge report. The Dalian order calls for Patriot to deliver 4 CTUs (Conductor Tensioning Systems) on the new builds which are purchased by Noble drilling, Seatankers, and COSL respectively. Patriot also signed a Memorandum of Understanding (MOU) with Dalian New Shipbuilding to supply the latter with additional Subsea handling equipment over the next 12 months. Source: China Knowledge
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