A&P Tyne & Stirling Shipmanagement Renew Agreement

March 26, 2002

A&P Tyne has announced its new ship repair agreement with offshore supply vessel specialist Stirling Shipmanagement, Glasgow, part of the Seacor Group. The agreement is an extension of the original Heads of Agreement between A&P and Stirling Shipmanagement for the dry dock and repair of Stirling vessels operating within the UK sector, for a further year. A&P Tyne successfully carried out dry dockings/repairs to a total of nine (9) Stirling vessels during last year (2001) including the offshore supply vessels Stirling Fyne, Stirling Tay, Stirling Aquarius, Stirling Forth, Stirling Clyde, Stirling Sirius, Stirling Altair and Stirling Spey. Fred Newman, Managing Director of A&P Tyne, commented: "We are delighted that Stirling Ship management has confirmed their satisfaction with the service provided by extending our agreement for a further year."

A&P Tyne & Stirling Shipmanagement Renew Agreement

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