Svitzer invests USD 80 million in new ships

Svitzer's major contract with Chevron's Wheatstone LNG Terminal in Australia now makes the carrier invest in new eco-design vessels for around USD 80 million, the salvage company tells ShippingWatch.

BY KATRINE GRØNVALD RAUN

Four new tugboats and one pilot boat form the basis of one of the biggest new contracts in a while when Svitzer Australia in December 2013 signed a deal to help facilitate the exports of the Chevron-controlled Wheatstone LNG Terminal in Western Australia.

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