Nekkar ASA's has received an order confirmation to deliver a newbuild shiplift and ship transfer system to PT Pal Indonesia. 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. Syncrolift is the world's leading manufacturer of shiplifts and transfer systems. The company is a wholly owned subsidiary of Oslo-listed Nekkar ASA.