August 21, 2014
C&I Leasing plc signs mou with Svitzer to provide terminal support tugs

C&I Leasing plc. has just recently signed an MOU with Svitzer, a unit of Maersk Group, a global shipping and offshore services group, to collaborate towards obtaining a contract with Nigeria Liquefied Natural Gas Ltd (Nigeria LNG) for terminal support tugs and pilot vessels.

Under the terms of the MOU, it is intended that Svitzer will provide assistance to setting up a simulator-based training center in C&I Leasing’s Port Harcourt office, as well as provide access to cutting edge proprietary vessel management and operational software to enhance skills of its staff and improve reliability and availability.

Svitzer is the world’s largest Towage and Salvage Company, with a fleet of over 500 vessels and operations in over 40 countries including Nigeria where it provides support for 20 LNG terminals with 76 tugs and 35 support vessels.

With over 30,000 LNG tanker assistances since 1993, Svitzer, is responsible for over 60% of LNG tanker assists worldwide.

C&I Leasing is currently the only equipment leasing and logistics company listed on the Nigerian Stock Exchange and a leading Nigerian content player in the offshore marine vessel space operating a fleet of fourteen (14) vessels that include terminal tugs, patrol vessels, Fast support intervention vessels and a platform support vessel.

This represents a significant step in our efforts to compete more aggressively in supporting the Federal Government’s laudable local content programme.


Media Contacts:
Samuel Iboroma, Corporate Communicatons,
Tel : 08172007220 |