Smit International NV announced that net earnings for 2005 have risen by nearly 40% to EUR 38.3 million. Despite facing a heavier tax burden of 30% (up from 24% in 2004), the divisions Harbor Towage, Terminals and Transport & Heavy Lift achieved better results in comparison to 2004. The Salvage division performed well above the so called historical average. SMIT has served the maritime sector for more than 160 years. SMIT’s services are organised into four Divisions: • Harbor Towage: harbor towage services and related maritime services. • Terminals: towage services and related maritime and management services to offshore and onshore terminals. • Salvage: salvage, wreck removal, environmental protection and consultancy. • Transport & Heavy Lift: barge rental & transport, ocean, coastal and river towage, heavy lifting and marine support to a variety of civil and offshore projects.
Hardware and towage group Howard Smith Ltd. pointed to a difficult market for its main hardware and industrial supplies businesses on Tuesday, after posting a flat half year result. Although recent data pointed to a housing recovery, actual spending on hardware was expected to lag housing approvals and a break in economic conditions was not expected until at least mid-year. "The outlook for the next four months is tough
Multraship Towage & Salvage ordered two combi-tugs from Malaysian shipbuilder Nautica Nova Shipbuilding & Engineering (NNSE) which feature a Carousel towing system and will be used to address the needs of big ships requiring escort facilities into harbors and rivers. The first of the two 80-ton static bollard pull Carousel Combi-Tugs is due for delivery at the end of 2007, and the second, about three months later. The combi-tugs are designed for unrestricted harbor towage
Gross Operating Income totaled $146.2m or 115.1 million euros, up 12.7% in the first half of 2006. This strong performance was achieved by the sharp growth in the Offshore Division, particularly in Africa, and by the solid performance achieved by the Towage & Salvage Division, whereas the Bulk Division was impacted by lower cargo rates. Operating income rose 7.6% to $90.4m or 71.2 million euros and reflects the increase in amortization and depreciation due to the rise in the
Keppel Singmarine Ltd, a wholly owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M) has secured orders for three offshore support vessels (OSVs) and two tugboats for about $80 million. The vessels will be progressively delivered to their owners up to end 2006. Keppel Singmarine will build one ice-class OSV for anchor handling and supply purposes for new customer, the Russian oil company Lukoil Kaliningradmorneft (LUKOIL)
Towage and salvage specialist Multraship said it has further strengthened its multipurpose fleet with the addition of the ASD tug Multratug 20. Multraship has contracted with international broker and consultant DSB Offshore for the long-term bareboat charter of the 72-ton bollard-pull vessel, which was built by the Bogazici Shipyard in Turkey in 2010 and is equipped to undertake a range of services including towage, escort, anchor-handling, fire-fighting and salvage.
Salvage and towage company, Multraship BV has added the former Red Funnel/Adsteam tug Hamtun to its fleet. The 1985-built, 3,500 IHP vessel has been renamed Multratug 16 and will mainly be deployed providing harbour towage services in the ports of Terneuzen and Flushing and on the Terneuzen-Ghent Canal. Multraship has also bought the former Dutch lifeboat Johannes Frederik, to operate as a fast-rescue tender providing emergency response services in the River Scheldt area
Novatug, the Rotterdam-based specialist behind the design of the revolutionary Carousel towing system for tugboats, has established an international tugboat equipment sourcing consultancy for vessel owners and shipyards. The innovative Carousel towing system, which is being incorporated into two combi-tugs being built in Malaysia for Dutch salvage and towage company Multraship, could revolutionise tug design, without the need for expensive technology, according to Rolf Kievits
Argentinian towage and harbor company RemolcadoresUnidosArgentinos (RUA) has just taken delivery of the RUA Cap. Lucio R, a Damen ASD 2810 tug. Although Damen’s tugs have operated in Argentina before, this vessel is the first time a Damen tug is owned by an Argentinian company. Established in 1967 and based in Buenos Aires, RUA has a seven-strong fleet of vessels with a smaller bollard pull than the ASD 2810. The new vessel has 58t bollard pull and is a reflection of the growing economy
The Australian Maritime Safety Authority (AMSA) has released a 'Request For Tender' for a level-two emergency towage contract. While the safety standards of commercial shipping have steadily improved, internal experience has shown that a single major pollution incident can result in huge losses, not only to the marine environment, but also to coastal communities, and recreational and commercial activities. Under the contract, effective from June 2013
Effective from 1 August 2014, there will be a single towage charge of $49634.20 (excl GST) - $55497.62 (incl GST) for all vessels calling at the port of Hay Point. In relation to towage charges for the services to the BMA Hay Point Coal Terminal
Solent Towage Ltd (STL) reports that is has saved more than 60-man hours since December 2013 by installing gplink, the remote monitoring and tracking solution from Finning Power Systems (Finning) for Cat engines. The company operates a fleet of seven tugboats off the UK’s south coast
Nakilat has celebrated the delivery of two 16-meter mooring boats built by shipbuilder Nakilat Damen Shipyards Qatar for towage operator Nakilat Svitzer Wijsmuller. The built-in-Qatar vessels will be operated at the Port of Ras Laffan. The two Stan Tug 1606 mooring boats
Voith wins record contract for Voith Schneider Propellers In South Africa’s largest local shipbuilding contract Transnet National Ports Authority has ordered nine new Voith Water Tractors (VWT) for use in several ports across the country
During a ceremony on June 3, the new 360-Control Tug & OSV Training Center was officially opened for the general public and customers. The simulators for the training center are delivered and installed by VSTEP. The high-tech training center is a project of 360-Control
Solent Towage Ltd (STL), the UK arm of Norwegian marine services company, Ostensjo Rederi AS, has saved over 60-man hours since December 2013 by installing gplink, the remote monitoring and tracking solution from Finning Power Systems (Finning) for Cat® engines.
International classification society Bureau Veritas has worked closely with the towing industry to develop a set of Guidelines for Design, Construction and Operation of Tugs. The Guidance Note provides safety rules for tugs in an area of marine safety where there are many vessels not covered
Tug Fairmount Summit has towed jack-up rig West Ariel safely from Vung Tau, Vietnam, to Singapore. The towage over a distance of 1,305 miles was performed in seven days with an average speed of 4 knots. The West Ariel, a KFels B class independent leg cantilever jack-up rig
In three weeks, the Costa Concordia wreck will be towed to Genoa for demolition and recycling. At the end of the Conferenza dei Servizi meeting held yesterday, June 25, in Rome, Costa Crociere reaffirmed the motivations for the choice of the transportation of the Concordia wreck in Genoa for
Three companies have teamed up to bring the first ever Reverse Stern Drive (RSD) Compressed Natural Gas (CNG) tug to the market. Damen Shipyards of the Netherlands, German engine manufacturer MTU Friedrichshafen, a subsidiary of Rolls-Royce Power Systems
Three leading companies have teamed up to bring the first ever Reverse Stern Drive (RSD) Compressed Natural Gas (CNG) tug to the market. Damen Shipyards of the Netherlands, German engine manufacturer MTU Friedrichshafen, a subsidiary of Rolls-Royce Power Systems
Great Lakes Shipyard (GLS) informed that it has entered into a five-year agreement with B.V. Scheepswerf Damen Gorinchem authorizing the Cleveland shipyard as an official builder of Damen designs. GLS explained that this combination creates an environment for further development of proven
Royal Boskalis Westminster N.V. inform that with SAAM S.A. they have successfully created a joint harbor towage operation within the American Continent in Brazil, Mexico, Canada and Panama, comprising two underlying joint ventures operating in more than 30 port terminals with a hundred tugboats.
The Australian Shipowners Association (ASA) informs it has urged the Abbott Government to be careful in its consideration of the Productivity Commission Report into Tasmanian shipping and freight, as there are still concerns about any recommendation to deregulate access to coastal shipping services
Towage charges at Darwin, Australia, will increase by 2.9% for A Class Tug services, and 5.8% for C Class Tug services from 1 August. firstname.lastname@example.org