- SRG Global has announces the acquisition of a contract valued at AU$35 million for the enhancement of the Port Kembla wharf, NSW
- This contract with BlueScope Steel focuses on specialised marine remediation services
- The contract has commenced with an expected completion date in 2026
- SRG last traded at 76.8c, at 11am AEDT
Industrial services company SRG Global (ASX: SRG) has announced its receipt of a $35m contract for the enhancement of the Port Kembla wharf in New South Wales.
This contract has been entered into with a subsidiary BlueScope Steel (ASX:BSL), will focus on specialised marine remediation services.
“We are excited to be awarded this contract that builds on our portfolio of specialist marine remediation projects across Australia,” SRG Global Managing Director David Macgeorge said.
“We look forward to applying our integrated capabilities through these works and developing our relationship with BlueScope Steel.
“This contract award recognises SRG Global’s proven capabilities and continued focus on the marine infrastructure sector … [and] builds on our growing presence in Southern NSW.”
Port Kembla serves as an international trade gateway for bulk agricultural, construction, and mining industries.
It’s New South Wales’ largest motor vehicle import hub and is home to the state’s largest grain export terminal and the second-largest coal export port.
The scope of work will include the reconstruction of the front service duct, concrete remediation, and cathodic protection activities. Additionally, the construction of the rear unloader beam and an extension to the wharf structure.
The contract has commenced immediately, with an expected completion date in 2026.
SRG last traded at 76.8c, at 11am AEDT.