Skanska providing upgrades to Norfolk International Terminal in Virginia, USA, for USD 59M, about SEK 610M

Skanska, in a joint venture with McLean Contracting Company, has signed a contract with The Port of Virginia to provide upgrades to the Norfolk International Terminal North Wharf in Norfolk, Virginia, USA. Skanska will include its share of the contract worth USD 59M, about SEK 610M, in the US order bookings for the first quarter of 2024.

The project enhances the terminal’s infrastructure for the fifth largest container port in the United States. Upgrades include the demolition of existing marine wharf fenders and mooring hardware, followed by the installation of new fenders, mooring bollards, a steel sheet pile toe wall, wharf repairs, and mooring dolphins. Also included is the installation of a new 120’ gauge ship-to-shore crane rail.

Work will commence in March 2024 with expected completion in January 2026.

For further information please contact:

Maritza Ferreira, VP Communications, Skanska USA, tel +1 (678) 492 2003

Jacob Birkeland, Head of media Relations and Public Affairs, Skanska AB, tel +46 76 870 75 51

Direct line for media, tel +46 (0)10 448 88 99

This and previous releases can also be found at www.skanska.com.

Skanska Group uses its knowledge and foresight to shape the way people live, work, and connect. We are one of the world’s largest project development and construction companies, with 2023 revenue totaling SEK 157 billion. We operate across select markets in the Nordics, Europe and USA. Together with our customers and the collective expertise of our approximately 27,000 teammates, we create innovative and sustainable solutions that support healthy living beyond our lifetime.