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Svitzer in Australian deal worth USD 580 million

Svitzer's Australian towing business has made a deal worth USD 580 million with the LNG terminal in Wheatstone.

With four new tugboats and one pilot boat Svitzer Australia will help ensure the export of the large, Chevron-controlled Wheatstone LNG terminal in years to come.

The Maersk-owned towing and salvage company has landed a contract with the Australian terminal worth a total of USD 580 million, according to Lloyd's List Australia. Svitzer already performs a lot of work along the Australian shores, where the company, among other things, serves as a big part of the country's coastal emergency service.

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