Syncrolift awarded USD 15 million newbuild project

27 November 2023 – Nekkar ASA’s subsidiary Syncrolift AS has received an order confirmation to deliver a newbuild shiplift and ship transfer system to PT Pal Indonesia, a government owned company.

PT Pal Indonesia delivers services within ship design, shipbuilding, engineering as well as maintenance, repair and overhaul of both naval and commercial vessels.

Syncrolift’s order value is USD 15 million for engineering, manufacturing and delivery of the shiplift and ship transfer systems. Final contract is expected to be signed within short time.

The shiplift and ship transfer system is scheduled to be delivered within approximately two years. Project management and engineering will be executed from Syncrolift’s headquarter and Innovation Lab in Vestby, Norway.

“We are delighted to be awarded one of this year’s largest newbuild project for our industry segment, thereby maintaining our market leading win-rate globally. PT Pal’s systems will be customized to their specific needs, with safe and efficient operations at the forefront of the solutions we will provide,” says Rolf-Atle Tomassen, managing director of Syncrolift AS.

Syncrolift is the world’s leading manufacturer of shiplifts and transfer systems. The company is a wholly owned subsidiary of Oslo-listed Nekkar ASA.