Installation of first offshore construction vessel for Norwegian company Cecon AS is a full-fledged reality

    LEVIS, QC, Oct. 29 /CNW Telbec/ - With over 350 workers and guests in
attendance, the first section of the offshore construction vessel-one in a
series of three ships ordered last February by the Norwegian firm Cecon AS-was
installed today at the Davie Québec Inc. shipyard.
    Lévis mayor Danielle Roy-Marinelli, Davie Québec Inc. president Gilles
Gagné, Teco Maritime ASA president Tore Enger, and Syndicat des travailleurs
du chantier naval de Lauzon president Paul-André Brulotte spoke briefly in
turn, noting-in the presence of Cecon AS president Terge Tellefsen-the
spectacular comeback of Canada's largest shipyard, acquired in October 2006 by
the Teco Group under the leadership of Mr. Enger.
    In less than eight months, the Lévis yard signed contracts to build five
vessels-three for the Norwegian firm Cecon AS and two for the Cyprus-based
company Ocean Hotel Ltd.-totaling over $635 million, with all five vessels
slated for delivery by 2010. Currently boasting over 350 specialized workers,
the Davie Québec Inc. workforce will increase to nearly 900 by summer 2008.

    Davie Québec

    Founded in 1825 and located on the St. Lawrence Seaway at Lévis, Davie
Québec is Canada's largest yard in operation. The company has built
716 commercial and military vessels, and offshore oil platforms since 1897.

For further information:

For further information: Julie Drolet, Consultant, HKDP Communications
and Public Affairs, (418) 523-3352, ext. 234, Cell: (418) 573-9877,; Source: Davie Québec Inc.

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