Nekkar ASA: Syncrolift wins upgrade contract
2022-08-17 08:37:09
17.8.2022 08:37:07 CEST | Nekkar ASA | Additional regulated information required
to be disclosed under the laws of a member state
17 August 2022 - Nekkar ASA's wholly owned subsidiary Syncrolift AS has been
awarded a contract to upgrade an existing shiplift for an undisclosed
international customer.
The contract value is approximately USD 5 million.
The upgrade project will improve the utilization and flexibility of the
shiplift. Project completion is planned for 2024.
Syncrolift comprises Nekkar's Shipyard Solutions business area.
In 2019, Nekkar initiated a project to generate more aftersales and service
revenues from its extensive global installed base of shiplifts and transfer
systems.
"This latest contract is another result of Syncrolift's efforts to tap into its
substantial installed base to help upgrade and expand the functionality of
existing shiplifts. There is still significant potential in this installed base,
and we aim to capitalise further on this going forward," says Ole Falk Hansen,
CEO of Nekkar.
Syncrolift will conduct all engineering and project management from its
headquarters in Vestby, Norway.
(ENDS)
DISCLOSURE REGULATION
This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act.
CONTACTS
* Ole Falk Hansen, CEO, +47 988 14 184
ABOUT NEKKAR ASA
Nekkar (OSE: NKR) is an industrial technology group offering impact technologies
combined with high-end software solutions. The group combines 50 years' heritage
from the world's number one shiplift company, Syncrolift, with new investments
into sustainable, digitalised technology businesses that aim to unlock growth
within ocean-based industries such as offshore energy and renewables and
aquaculture.