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Rolls-Royce Wins $1 Million Contract

Maritime Activity Reports, Inc.

January 26, 2000

Syncrolift Inc., a Rolls-Royce company, has won a contract worth more than $1 million to supply Ocean Marine LLC, a subsidiary of Marine Hydraulics Intl. (MHI), with a Synchrolift at its new facility, currently being built in Portsmouth, Va. MHI's premiere Synchrolift will lift luxury yachts measuring up to 235 ft., and weighing up to 1,230 tons for repair and dry storage. With a 210 x 40 ft. platform, the shiplift will be paired with a 100-ton Travel Lift, utilizing eight specially refurbished 240-ton hoists. Scheduled for an April 2000 commission, the project also includes a marina with 130 wet slips and 320 dry boat storage slots.

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