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Unit OT 18-35, Level 18, Central Park Towers, Dubai International Financial Centre, Dubai, P.O. Box 18006, United Arab Emirates
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Unit OT 18-35, Level 18, Central Park Towers, Dubai International Financial Centre, Dubai, P.O. Box 18006, United Arab Emirates
Unit OT 18-35, Level 18, Central Park Towers, Dubai International Financial Centre, Dubai, P.O. Box 18006, United Arab Emirates
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03 Dec 2020 / Port Jackson & Geelong, Australia
Tug operator Svitzer Australia has announced that they will be consulting on a proposal to exit the Port Jackson and Geelong, following significant financial losses in both ports.
The proposed exit date is currently 21 December 2020, subject to the outcome of consultation with employees and the union. Svitzer will continue to provide towage services in Port Jackson and Geelong until the conclusion of the consultation process and a decision is implemented.
Svitzer state that the decision is a result of changed market factors and our inability to respond effectively to those changes. Over the last two years, the company has been operating at a significant financial loss in the ports, which is no longer sustainable.
They will continue to service vessels under the contract terms, and the proposal to exit Geelong and Port Jackson will not affect their services in other ports around Australia.
For information about operations in Australia, contact GAC Australia at [email protected]