Today, at 9am Copenhagen time, Svitzer (Nasdaq Copenhagen: SVITZR) was admitted to trading and officially listed on Nasdaq Copenhagen.
The demerger from Maersk and listing on Nasdaq Copenhagen reflects a natural next chapter for Svitzer, which has established itself as a globally recognised leader in the towage and marine services sector after 45 years as part of A.P. Moller-Maersk.
Commenting on the listing, CEO Kasper Friis Nilaus, said:
"Every 3-4 minutes, somewhere in the world a ship relies on Svitzer for safe and reliable towage – be it in a busy harbour port, or essential terminal operation. We know our strength is based on the support of our valued customers and the expertise and professionalism of our people, and this moment is a testament to their contribution in our company's strength today."
Mr. Nilaus continued, "We are excited about this next chapter and significantly the value we can offer our customers, investors and other stakeholders as a stand-alone company. In particular, the innovation and excellence we can drive in the sector, helping customers in meeting government and regulatory decarbonisation obligations, whilst maintaining safe and reliable shipping and port operations."
