# Syncrolift awarded shiplift contract for South Red Sea Shipyard in Egypt

Nekkar ASA's subsidiary Syncrolift AS has been awarded a contract by South Red Sea Shipyard in Egypt for the design and supply of a 7,000-ton shiplift and transfer system. The contract value is EUR 8.5 million, with delivery scheduled for Q4 2027.

- Type: Contract
- Announced: 2026-05-07
- Where: Egypt
- Value: $9.20M (8.50M EUR)
- Status: announced
- Capacity: 7,000-ton shiplift
- Products: shiplift and transfer system
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Syncrolift](https://endata.com/companies/12373.md)
- [Nekkar ASA](https://endata.com/companies/12372.md) (investor)
- [Nekkar ASA](https://endata.com/companies/12372.md) (partner)
- [Syncrolift](https://endata.com/companies/12373.md) (supplier)
- [South Red Sea Shipyard](https://endata.com/companies/91787.md) (customer)

## Sources

- [nekkar.com](https://www.nekkar.com/press-releases/nekkar-asa-subsidiary-awarded-shiplift-contract-mov0p1rp), 2026-05-07: "This award reflects continued demand for our shiplift and transfer systems in the commercial market."
- [finansavisen.no](https://www.finansavisen.no/borsmeldinger/2026/05/07/e7cf373e-971b-5844-a50c-77661cd8a6c4/nekkar-asa-subsidiary-awarded-shiplift-contract), 2026-05-07: "Syncrolift AS has been awarded a contract by South Red Sea Shipyard in Egypt for the design and supply of a 7,000-ton shiplift and transfer system."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.