Welcome to the second edition of ACE Winches eNewsletter, where you will find the latest developments at Alfred Cheyne Engineering Ltd.

2006 has got off to a good start at ACE with some firm trading in both manufacturing sales and a stronger hire order book than previous years. ACE is on track to achieve strong growth this year increasing its market position in the Marine Deck Machinery hire market and continuing with consolidated sales in turnkey manufacturing work.

ACE have an enviable reputation for solving project engineers problems, with innovative products and bespoke engineering solutions.

We have continued to reinvest heavily in our people and resources and continue to consolidate the growth of our hire fleet.

We thank you for your business and look forward to further serving you in 2006.

Mr Alfie Cheyne, Managing Director, May 2006

ACE HIRE 200 TONNE SPOOLING WINCH

ACE has continued to become increasingly stronger in the wire spooling market and has invested in a brand new 200 tonne capacity wire spooling winch. The unit can handle reels of wire rope with a weight of 200 tonnes and physical dimensions up to 5.4 metres diameter. The unit is fully road transportable and breaks down into three units for transportation. A remote controlled diesel HPU unit ensures that constant back tension facility is operating at all times. Failsafe brakes are fitted and the unit is fully guarded. A team of skilled wire spooling operators are available to operate the machine and carry out spooling of all types and sizes of wire ropes, umbilical's and flow lines.

OFFSHORE CONTRACT AND SERVICE PERSONNEL DIVISION

ACE has continued to reinvest in its people and continue with an extensive training programme supported by our Investors in People Accreditation.

ACE recognised that many companies were using unqualified and inexperienced agency staff for winch operations.

A new division of the company has evolved in the last year whereby ACE now offer a wide range of fully qualified, trained, experienced and skilled winch and hydraulic technicians for all aspects of hydraulic work, winch operation, system commissioning, wire spooling operations and troubleshooting worldwide on offshore oil installations, marine support vessels, barges and other marine craft.

DESIGN & BUILD SOLUTIONS

ACE recently designed and manufactured two 10 tonne special constant tension winches complete with electro hydraulic HPU's for work in the Norwegian Sector. The equipment was designed according to the clients requirements, fully DNV approved and delivered within a very tight timescale.

ACE are currently completing the design and manufacture of a package of seven 10 tonne air driven capstan winches for Dubai Drydocks. The units will be installed around the drydock for use during mooring up of large ships.

ACE LIFT MARINE CRANE RANGE

Sales Engineer Jim Macpherson joined the company in January 2006 and has secured several major orders since. Jim is marketing and developing the ACE Lift brand Marine crane range within the marine crane market.

ACE can supply a complete range of marine cranes, from folding telescopic knuckle boom cranes (5T to 55T) through to heavy duty stiff boom cranes (8T to 200T).

In the harsh marine operating environment, the quality and reliability of the product is the number one priority. ACE selected HS Marine to be our partner because of their technical innovation, experience and high quality products.

Jim can be contacted at jim.macpherson@ace-winches.co.uk

MAJOR LOAD OUT CONTRACTS FOR ACE

RUSSIAN LOAD OUT
ACE recently secured a high profile contract with Global Maritime Marine Consultants to supply a package of four 35 tonne winches, four 10 tonne winches and four diesel hydraulic power packs to moor and load out the ex Hutton TLP Jacket in Arkangel in Russia. ACE will provide both equipment and staff to carry out the contract which is being mobilised from Tromso in North Norway during June 2006.

200 TONNE PULLING POWER TO ANGOLA
2006 began in style at ACE with a major order from Saibos in Angola, to provide a 200 tonne winching system for the load out of the Rosa Surf jacket for Total.

Forthcoming Exhibitions

ACE are exhibiting at two important trade shows in June. Subsea Solutions 06 in Paris - 1 June 2006 and Sea Works 2006 in Southampton (UK) - 13-15 June 2006.

Subsea Solutions 06
Europe's fastest-growing subsea event focuses on the important West African market. Held in Paris, a hub for West African projects and developments, Subsea Solutions not only showcases world-leading subsea technology and services but debates the challenges facing the sector and provides practical information on business opportunities in West Africa.

Seawork 2006
Now in it's 9th year, Seawork (incorporating DiveWork and RibWork), is the largest international commercial maritime exhibition and business forum ever held in a European working port environment.

ACE will be exhibiting an HS Marine Crane on the stand.

Exhibition Website