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 ——————— NEWS ————————————————— 
 KVAERNER LANDS £50m DEAL               
                                        
 Kvajtnjt has signed a £50m contract to 
 build a chemical tanker.               
                                        
 The Norwegian offshore enginjet and    
 shipbuilder said the ordjt from JO     
 Tankers had been awarded to its        
 Kvajtnjr Govan subsidiary.             
                                        
 JO Tankers owns the world's fourth     
 largest fleet of chemical tankers. The 
 deal is subject to the satisfactory    
 completion of finance conditions.      
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