Svitzer Expands LNG Operations with New Towage Contract
Svitzer is thrilled to announce the signing of a substantial, nine-year terminal towage contract with Oman Liquefied Natural Gas LLC, a joint venture company formed under royal decree. This development marks a significant milestone in Svitzer's ongoing commitment to providing premier marine services globally.
Contract Details and Operational Support
The newly established contract involves the charter of four innovative 65-ton bollard pull azimuth stern drive tugs. These vessels will be pivotal in assisting the berthing and unberthing of LNG and NGL tankers at the jetty located in Qalhat LNG Terminal. Beyond mere towage, Svitzer will also supply firefighting capabilities, escort duties, pilot boarding, and dive support for the terminal operations, showcasing their versatility and commitment to safety and efficiency.
Historical Presence in Oman
Svitzer has created a strong foundation in Oman, serving as a critical towage and marine services provider since 2005. With three ongoing operations, the company has established itself as a reliable partner in the maritime industry of the region. Their extensive experience equips them with the insight and agility needed to navigate the complex marine environment effectively.
Management Insights
Svitzer’s Managing Director for AMEA, Deniz Kirdar True, expressed enthusiasm for this contract: “This new venture perfectly aligns with our growth strategy and is a crucial step towards reinforcing our position in Oman and the larger region. We are honored that Oman LNG has entrusted us with managing their towage operations, and we look forward to delivering safe and dependable services at the terminal.”
About Svitzer
Svitzer stands as a leading global provider of towage and marine services, primarily aiding large seafaring vessels in their maneuvering at ports and terminals for seamless berthing and unberthing. Operating a fleet of over 450 vessels, Svitzer plays an essential role in the infrastructure of critically situated ports around the world. Founded in 1833, Svitzer caters to approximately 2,000 customers in over 140 ports and 40 terminals across 37 countries.
Contact Information
For more details or inquiries, please reach out to the following representatives:
Michael Nass Nielsen
Head of Investor Relations and FP&A
T: +45 24941654
Email: ir@svitzer.com
Anders Crillesen
Global Head of Communications
T: +45 27791286
Email: anders.crillesen@svitzer.com
Frequently Asked Questions
What is the significance of the contract with Oman LNG?
This contract represents Svitzer's commitment to expanding its operations in the LNG sector, enhancing its service offerings and solidifying its presence in Oman.
When will Svitzer commence operations for Oman LNG?
Svitzer plans to begin its operations for Oman LNG at the start of 2026, providing various marine services at the terminal.
What types of services will Svitzer provide under this contract?
Svitzer will provide towage services along with firefighting capabilities, escort duties, pilot boarding, and dive support at the Qalhat LNG Terminal.
How long has Svitzer been operating in Oman?
Svitzer has been a key player in the marine services sector in Oman since 2005, successfully managing multiple operations in the region.
What is Svitzer's core business?
Svitzer is dedicated to assisting large seaborne vessels in navigating ports and terminals, playing an essential role in ensuring safe and efficient maritime operations.
