Swan Defence Secures Order for Four Tugs from Svitzer A/S

Swan Defence and Heavy Industries Limited has announced a new order from Denmark-based towage operator Svitzer A/S for the construction of four advanced TRAnsverse 3200 tugs. The company has submitted a separate press release regarding this development. It has been confirmed that neither the promoter, promoter group, nor any group companies have any interest in Svitzer A/S, and the contract does not involve related party transactions. This order signifies a business expansion for Swan Defence in the maritime sector.