Marine engineer seals $1.5 million Middle East deal
A marine engineering firm has strengthened its order book with a $1.5 million deal.
Tekmar Group is set to supply subsea protection apparatus to a Middle Eastern port development.
Bosses say the agreement – secured with an existing customer – reflects the County Durham-headquartered firm's “significant value in the ports and harbours sector”.
They add the equipment, set to be delivered later this year, will “provide long-term stability and protection for port infrastructure in challenging marine conditions”.
Richard Turner, chief executive at the Newton Aycliffe-based business, said: “This award highlights our continued success in developing a more diversified global footprint.”
The deal comes just days after the County Durham-headquartered firm cheered its best-ever order book following a £7 million-plus wind farm contract.
The company also includes Pipeshield, which supplies equipment to protect subsea energy lines, and the Ryder-branded engineering consultancy, which has offices in Newcastle, London and Glasgow.
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