Contract Award

RNS Number : 3691U

Costain Group PLC

14 May 2008

 



COSTAIN GROUP PLC

('Costain')

Costain awarded major Felixstowe container port contract 

Costain is pleased to announce that it has been awarded a major contract by Hutchison Ports (UK) for the construction of two berths at Felixstowe container port, totalling 730m in length. The contract, known as Felixstowe South Reconfiguration Phase 1, will enable more of the world's biggest container ships to dock at Britain's largest container port. 

The contract is scheduled to last two and a half years. 

Costain has carried out a number of contracts for Hutchison Port Holdings, the world's leading port investor, developer and operator, at Felixstowe, Thamesport and Freeport, Bahamas.

Andrew Wyllie, Chief Executive of Costain, said: 

'We are delighted to have been awarded this contract, which takes our forward order book to in excess of £2 billion.  Hutchison Ports (UK) is a long-standing client and to secure repeat order business on this scale is further testimony to the high regard that our blue-chip customers have for Costain.'

14 May 2008

ENQUIRIES:
Costain Group PLC	Tel: [phone]
Graham Read, Public Relations
College Hill	Tel: [phone]
Mark Garraway
Adam Aljewicz

 

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