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Singapore's Keppel to scrap 140m euro contract
Wed, Dec 17, 2008
Reuters

>SINGAPORE, Dec 16 - Singapore's Keppel Corp said on Tuesday it has decided to terminate a project to build a floating heavy lifter worth 140 million euros (S$278.52 million).

The Singapore firm said it had ceased work on the lifter after MPU Offshore Lift ASA, the firm that contracted the project, filed for bankruptcy in July 2008.

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Singapore's Keppel to scrap 140m euro contract
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