02.10.2007

Favelle Favco wins offshore crane order

Malaysian based crane manufacturer, Favelle Favco has announced that it has won an order from Singapore's Keppel Fels for the supply of offshore pedestal cranes worth 8.7 million Singapore dollars ($5.9/£2.9 million).

Delivery will take place over the next 20 to 22 months.
It said the contract will contribute positively to its bottom line for the financial year ending 31 December 2007.