June 17, 2026 – Nekkar ASA’s wholly-owned subsidiary Syncrolift has been awarded a USD 10.5 million contract with an undisclosed navy customer in the Middle East for the modernization and upgrade of its shiplift facility. The project will improve the efficiency, safety and productivity of docking and launching operations for the customer vessels.
A key part of the upgrade is the rigidification of the existing articulated platform, which increases the safety and operational robustness of the facility. The control system will be modernized with features that support faster, safer and more controlled docking and launching operations.
The delivery also includes Syncrolift’s Bilge Support Arms, which reduce the need for manual blocking and contribute to more efficient vessel handling. Syncrolift will in addition supply a Propeller Puller for efficient removal of propellers and rudders during vessel maintenance. Together, these upgrades will support faster turnaround, improved yard productivity and more reliable naval maintenance operations.
As part of the project, Syncrolift will provide engineering, equipment, supervision, testing, commissioning and operator training.
“This award reflects the trust naval customers place in Syncrolift’s ability to modernize and extend the lifetime of existing shiplift facilities,” says Rolf-Atle Tomassen, Managing Director of Syncrolift. “By rigidifying the platform and upgrading the control system, we are improving both the safety and the productivity of docking and launching operations.”
“The contract confirms Syncrolift’s position in the naval market and its role as a long-term technology partner for modern shipyard operations,” says Ole Falk Hansen, CEO of Nekkar. “Modernization solutions that extend the lifetime and improve the performance of existing facilities are an increasingly important part of Syncrolift’s business.”
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Nekkar (OSE: NKR) is an industrial long-term owner of ocean-based technology companies. The company invests in and develops technology businesses within sustainable oceans, robotics and intelligent logistics, and digital solutions. With a 50-year industrial heritage from Syncrolift, Nekkar applies an active buy-to-own strategy to build long-term value. The group supports empowered operating companies with a strong balance sheet and reinvests strategically to ensure profitability and sustainable growth. As a publicly listed company, Nekkar has a proven track record of shareholder value creation through disciplined M&A, financial management, and capital allocation.