Tor Group has successfully delivered the 65TBP Fi-Fi tugboat “Abdul 11” to NEOM – the special economic zone in Saudi Arabia. Primarily funded by Saudi Arabia's Public Investment Fund to the tune of US$500 billion, NEOM, which means 'new future', is projected to be home to one million residents by 2030 rising to nine million by 2045.
This is the third tug sale Tor Group has completed in the past 12 months, including that of the 40TBP Fi-Fi “Dalton Hunter” (ex-“Hope”) to PD Industries in Canada and the 48TBP “Bholu” to the Pakistan Navy – the latter delivered through an innovative design, material and supervisory partnership package. A sister vessel to “Abdul 11” is available for sale now.
Tor Group is a fifth-generation shipbuilder, able to facilitate financial solutions for clients, which has diversified into the owner-operator space in the UK. With an established track-record for all vessel types, Tor Group is a trusted shipbuilder with deep engineering knowledge, now focused on providing high-quality, sustainable workboats. Innovative structures allow a turnkey solution to be delivered in-house in our Turkish facilities, through international partner yards or a hybrid model of the two. In UK operations a cutting-edge, hybrid-propulsion, multi-role, support vessel to service the civils and offshore wind markets is expected to enter service at the end of this year.
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