ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

9Y1 Svitzer Group AS

30.475
-0.815 (-2.60%)
11:04:19 - Realtime Data
Share Name Share Symbol Market Type
Svitzer Group AS TG:9Y1 Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.815 -2.60% 30.475 30.48 30.515 31.245 30.475 31.245 749 11:04:19

Svitzer signs terminal towage contract with Oman LNG

29/01/2025 6:19am

UK Regulatory


Svitzer Group AS (TG:9Y1)
Historical Stock Chart


From Jan 2025 to Mar 2025

Click Here for more Svitzer Group AS Charts.
Svitzer signs terminal towage contract with Oman LNG

Svitzer today announces that it has signed a large, 9-year terminal towage contract with Oman Liquefied Natural Gas LLC (Oman LNG), a joint venture company established by a royal decree and operating under the laws of the Sultanate of Oman.

The new contract covers time charter of four newbuild 65-ton bollard pull azimuth stern drive tugs to support the berthing and unberthing of LNG and NGL tankers at the jetty in Qalhat LNG Terminal. In addition to towage services, Svitzer will provide firefighting capabilities, escort duties, pilot boarding and dive support. Svitzer’s operations for Oman LNG are planned to commence at the beginning of 2026.

Svitzer has been a key towage and marine services provider in the Sultanate of Oman since 2005 and is today well-established in the country with three ongoing operations.

Svitzer’s Managing Director in AMEA, Deniz Kirdar True, comments: “This new contract not only aligns with Svitzer’s growth strategy, it is also an important step in solidifying our position in Oman and the broader region. We are proud that Oman LNG have placed their trust with us to manage their towage operations, and we look much forward to providing safe and reliable services in their terminal.”

For further information, please contact:

Michael Nass Nielsen, Head of Investor Relations and FP&A
T: +45 24941654
E: ir@svitzer.com

Anders Crillesen, Global Head of Communications
T: +45 27791286
E: anders.crillesen@svitzer.com

About Svitzer

Svitzer is a leading, global towage and marine services provider. The core business is to assist large seaborne vessels in manoeuvring in and out of ports and terminals to berth and unberth. With more than 450 vessels, Svitzer’s services play a crucial role as part of critical port infrastructure. Svitzer was founded in 1833 and serves approximately 2,000 customers in more than 140 ports and 40 terminals across 37 countries. Read more on www.svitzer.com.

Attachment

  • Company announcement - Oman LNG tender

1 Year Svitzer Group AS Chart

1 Year Svitzer Group AS Chart

1 Month Svitzer Group AS Chart

1 Month Svitzer Group AS Chart