March 12, 2014
C&I Leasing takes delivery of 20m Monohull Crewboats

Lagos, Nigeria; March 12, 2014 – C&I Leasing Plc has just taken delivery of Magen Defender and Masud Defender, two crew boats, out of four, that were recently commissioned by the Company.

The 20m Monohull crew boats will be used to support Shell Nigeria Exploration and Production Company – SNEPCO’s operation in Bonga and EA fields. With the arrival of the new vessels, C&I Leasing now has a total of eight vessels that have been deployed to support Shell’s operations.

The new vessels are 25 passenger seater boats, with features that include a 53m2 cargo deck, surfer style bow load, and fire-fighting monitor.

The first two vessels, Sur defender and Sakak defender which were received on the 4th of March 2014 are in fulfilment of an NLNG contract.

The GM, C&I Petrotech Marine Ltd, Mr. Wisdom Nwagwu, who is responsible for the marine operations of the company, also reports that, with a high emphasis on strict safety regulations, the company has been able to achieve a near 98% utilisation on all its assets in its marine operations without any record of job related accidents on the Shell contract.

With the arrival of the new vessels, C&I Leasing marine has increased the total number of vessels in its fleet to 12.


About C&I Leasing Plc.
C & I leasing Plc, listed on the Nigerian Stock Exchange, is the foremost brand for leases and other ancillary services in Nigeria. With staff strength of over 4,000 people and operational offices in key locations in Nigeria and Ghana, the company takes pride in its track record of exceptional and qualitative service delivery.

Today, the C & I leasing Plc brand presence can be felt in major sectors in the Nigerian economy, providing specialized services, in Marine, Telecommunications, Oil and Gas, Equipment Rentals, Manpower Outsourcing and Transportation.



Media Contact:
Samuel Iboroma
C&I Leasing Plc