Nekkar ASA's subsidiary Syncrolift AS has been awarded a contract to deliver a package of ship transfer systems to specialized maritime zone Dubai Maritime City (DMC) in the United Arab Emirates. The total contract value for Syncrolift is USD 8 million. The equipment will be delivered during 2024.

Syncrolift will conduct project management and engineering from its headquarter and Innovation Lab in Vestby, Norway. This latest contract follows an award in June 2023 for delivery of an identical ship transfer system to DMC. DMC has now decided to buy three more transfer systems. In December 2022, Syncrolift received a USD 10 million letter of award to modernize two shiplift systems at DMC.

The first of these two shiplifts has recently been successfully commissioned by the Syncrolift team.