HomeFinTechTEK-Ocean: Awarded artificial reef installation project

TEK-Ocean: Awarded artificial reef installation project

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TEK-Ocean Awarded artificial reef installation project

  • Subcon Blue Solutions has selected TEK-Ocean Group (T3K) for an artificial reef installation project off the coast of Victoria
  • TEK will be responsible for installing 16 artificial reef structures as part of the project which aims to enhance the fish biodiversity and fish stocks for local fishers
  • Chairman Brendan Brown said this contract marks a major milestone for its growth and expanded offering in environmental activities
  • Prior to the award, TEK completed the five-year recertification for TEKOcean Spirit along with the installation of the 60T offshore crane
  • Company shares closed down 5.26 per cent at 36 cents
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