$68M SUB-CONTRACT FOR DARWIN SHIP LIFT FACILITY PROJECT
| Stock | Duratec Ltd (DUR.ASX) |
|---|---|
| Release Time | 6 May 2026, 8:15 a.m. |
| Price Sensitive | Yes |
Duratec Awarded $68M Sub-Contract for Darwin Ship Lift Facility
- Duratec selected by Clough BMD JV to undertake $68m construction and commissioning works
- Project involves building a Blast & Paint Facility for the Darwin Ship Lift Facility
- Project to commence in June 2026 and complete by mid to late 2027
Duratec Limited (ASX: DUR) has received notification of award from the Clough BMD Joint Venture (Clough BMD JV) to undertake construction and commissioning works at the Darwin Ship Lift Facility. The contract, valued at approximately $68 million, represents a significant opportunity for Duratec to contribute to a nationally strategic infrastructure development in northern Australia. The Darwin Ship Lift Facility Project is a key infrastructure development, led by the Northern Territory Government, aimed at establishing Darwin as a key maritime services sector hub. It will support the servicing and maintenance of vessels operated by the Department of Defence, the Australian Border Force, private and commercial entities within the energy and marine, tourism and aquaculture sectors. Duratec's scope includes construction of a Blast and Paint Facility and washdown bay slab, including associated utilities, as well as the supply, installation and commissioning of key systems including dust collectors, tanks, water treatment, HVAC, communications, electrical and hydraulic. The Blast and Paint Facility project is expected to commence in June 2026, with completion anticipated mid to late 2027.
This award is a testament to Duratec's capability in delivering complex infrastructure solutions and aligns with the company's strategic focus on the Defence and Marine sectors. Duratec has been established in the Northern Territory for over a decade with a strong and ongoing commitment to supporting local industry, and is proud to be partnering with Clough BMD JV. This project will play a vital role in enhancing Australia's maritime infrastructure and Duratec looks forward to contributing to the successful delivery of this critical asset and generating long-term value for its stakeholders.