OCEANTEAM SHIPPING ASA - RENTOCEAN SELECTED BY VAN OORD TO SUPPLY 3000T ONSHORE TURNTABLE

RentOcean, a 100 percent owned subsidiary of Oceanteam Shipping ASA, has been
awarded a contract to supply Van Oord Offshore Wind Projects BV a 3000t
demountable onshore turntable system and accompanying equipment for a long-term
storage project.

The turntable and additional equipment will be used for storage of cables at
Eemshaven, The Netherlands for the Gemini Offshore Wind Farm. This will be one
of the largest wind farms in the world in terms of size and production. It will
be built in the Dutch part of the North Sea, 85 km north of the coast of
Groningen.

RentOcean's turntable series are designed for flexibility and quick
mobilisation. The modular systems are delivered to the mobilisation site in 40
ft containers. All system components are "plug and play" and interchangeable. As
a result of this new philosophy the equipment is sea and road transportable and
can be mobilised to any port around the world in a highly cost effective manner.

"We are very pleased that, with this contract award, we can support our client
on this major wind project and are looking forward to assisting Van Oord on
future operations, says Managing Director of RentOcean, Lex van Doorn''.


About RentOcean
RentOcean designs, builds and owns a large pool of demountable turntables,
tensioners and burial equipment. The company operates from its deep water base
in Velsen, The Netherlands and supplies and rents to a broad client base around
the world to support their offshore cable, pipeline and umbilical installations,
transport and storage projects.


  For more information: www.rentocean.nl

  For further information about RentOcean please contact:
  MD Lex van Doorn:     +31 20 53 57 570,          lex@rentocean.nl


For further information about Oceanteam Shipping ASA please contact:

CEO Haico Halbesma: +31 20 53 57 570, haico@oceanteam.no

CFO Torbjørn Skulstad: +47 55 10 82 40, torbjorn@oceanteam.no


This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.



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