LIFTING TOOL

The invention describes a lifting tool (1) comprising a gripping means (10) configured to engage about the shaft (30) of a fastener (3); a yoke (16) for connecting the lifting tool (1) to a crane hook (20); and a suspension means (18, 180) adapted to suspend the gripping means (10) from the yoke (16) such that the gripping means (10) is freely rotatable about a horizontal axis (1X). The invention further describes a method of lifting a fastener (3) from a horizontal position (PH) to a vertical position (PH) using an embodiment of the lifting tool (1).