Idku, Svitzer Extend Contract for 5 Years

Idku, Svitzer Extend Contract for 5 Years

Svitzer, a leading provider of marine services, extended its ongoing contract with the Egyptian liquefied natural gas (LNG) Idku plant for five years, according to a statement.

Svitzer will provide Idku’s plant with four tugs, two mooring boats, and one pilot boat. The statement denoted the company’s interest in providing the local workforce where it operates with training and professional development for members of the local workforce.

“We have had close collaboration and strong relations with both Nacala Logistics and Egyptian LNG and the contracts are of great strategic importance to us and will support our efforts and ambitions to further strengthen our presence and operations on the continent,” Nicolai Friis, Managing Director of the Asia Pacific Middle East and Africa (AMEA) region for Svitzer, said.

This is not the first contract between Egypt and Svitzer, as in 2019 the company acquired a 10-year contract with Suez Canal Authority (SCA) to deliver two 70tbp ASD tugs to provide towage services at the Suez Canal Container Terminal (SCCT).

 

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