Towage News

Boluda Towage has acquired Finnish harbor towage and icebreaker company Yxpila Hinaus-Bogsering (YHB), consolidating its presence in Northern Europe.The acquisitions mark another step forward in Boluda’s expansion plans as well as the entry into the Scandinavian countries by providing coverage to its clients in the Gulf of Bothnia.Operating in the ports of Kokkola, Vaasa, Raahe and Kemi, the company will add six vessels to its fleet, five of which are icebreakers.“This purchase is a further step in our consolidation in Northern Europe…

Royal Boskalis B.V. on Monday announced it has reached a deal to take full ownership of marine services and towage provider Smit Lamnalco, after another deal for the company to be acquired by Spain’s Boluda Group fell through.Dutch dredging contractor and marine services firm Boskalis, which has held a 50% stake in Smit Lamnalco alongside joint owner Saudi Arabia's the Rezayat Group since 1964, said it signed an agreement to acquire all remaining shares in the company. The companies…

Wilson Sons said it has started operations on WS Dorado at the Ponta da Madeira, Itaqui and Alumar terminals facilities in São Luís, Maranhão.Designed by the Dutch Damen Shipyards, it is the fifth powerful tug with more sustainable technology in a range of six 2513-class tugboats. Built at the company’s shipyards in Guarujá (SP), the new tug will support berthing and unberthing operations in these terminals facilities, attending large ships exporting iron ore, which carry up to 400,000 tons of cargo.WS Dorado joins the company's fleet of 11 tugboats in that region.

New-York-based McAllister Towing on Wednesday announced that officer, director and shareholder Eric McAllister is leaving the company to pursue other opportunities.Eric and brother Buckley McAllister, the company’s president, represent the fifth generation of McAllisters to lead the 160-year-old, family-owned marine towing and transportation company—one of the oldest and largest in the U.S.Eric has held several leadership positions through the years, including chief financial…

Boluda Towage has added a tug to its fleet in the port of Gibraltar. The vessel, renamed VB Responder during a ceremony on Tuesday, is the company's fifth tug in Gibraltar, a strategic point for maritime transport.The event was attended by the Hon Chief Minister, Fabian Picardo KC MP, the Hon Gemma Arias-Vasquez MP, the President of Boluda Corporación Marítima, Vicente Boluda Fos, Executive Vice President of Boluda Towage, Vicente Boluda Ceballos and the Captain of the Port, John Ghio.Vicente Boluda…

Boluda Towage announced it has reached a deal to acquire British company SMS Towage Ltd.The acquisition involves taking over the harbor and offshore towage services and marine operations, together with the management, office staff, crew, and fleet, based in the United Kingdom. SMS is presently operating in the U.K. ports/regions of, Tyne, Tees, Humber, Portsmouth, South Wales and Belfast with a fleet of 20 tugs. According to family-owned Boluda Towage, the addition of SMS will strengthen its position in the U.K.…

The Netherlands based marine towage provider KOTUG announced it has successfully piloted its innovative Tug Drone technology, performing a line transfer using an aerial drone.KOTUG said it worked with another Dutch company, unmanned aerial vehicle (UAV) experts SKEYE, to perform a line transfer over 400 meters from a tugboat to the helideck of Heerema’s crane vessel Thialf.For serveral years, KOTUG has been exploring the use of aerial drones to improve safety and efficiency, and…

Marine towage provider Svitzer Europe announced it has appointed Sara Gerdner Kalle as its new Chief Commercial Officer, effective April 1, 2024. With a background spanning nearly 25 years in the logistics and supply chain industry, Gerdner Kalle will lead the Commercial function for Svitzer Europe, focusing on nurturing long-term stakeholder relationships, spearheading commercial development, and driving growth initiatives. The company said she will be pivotal in harnessing Svitzer’s commitment to digitalization to help the business and its customers to move forwards to deliver safe…

At SAAM’s annual general meeting last week, Chairman Óscar Hasbún outlined the objectives for the company's new phase, following the sale of the port terminals and inland logistics division."SAAM has robust solvency and liquidity indicators and a solid capital structure for this new cycle where our objective is clear: to become a leading global operator in the towage business and a regional leader in airport logistics. We are already a benchmark in both businesses and have developed a unique operating model…

Marine towage provider Svitzer Australia announced it has appointed Veronica Jensen as its new chief commercial officer (CCO) for the Australia/PNG region.Jensen started in the role in March and is based out of Svitzer Australia’s Sydney head office. She brings commercial leadership experience across a range of industry sectors including industrial consumables, engineering solutions, the pharmaceutical industry and in shipping with more than 11 years’ previous experience with Maersk.Svitzer Australia managing director Videlina Georgieva said…

Marine towage provider Svitzer Australia is building a new facility to deliver enhanced maritime training capabilities to the East Coast of New South Wales (NSW).The company reports construction is underway at its Port of Newcastle tug base, where Svitzer’s innovative, new TRAnsverse tug vessels are forecast to enter service in 2025 (the second and third to be deployed in the world). The facility will feature state-of-the-art Kongsberg Digital maritime simulators in support of crew training and other marine applications.Svitzer Australia chief operating officer…

SAAM reported net income of US$501 million in 2023, representing its best-ever results thanks to the sale of its port and logistics assets to Hapag-Lloyd, which generated a net gain of US$422 million.Sales for the year totaled US$540 million and EBITDA was US$160 million, surpassing the prior year by 17% and 9%, respectively."The sale of our port terminal and inland logistics operations leaves us in a solid position to move forward on the path we have set for ourselves: to lead the consolidation process in the towage industry and grow in air cargo logistics services.

KOTUG International, a marine services and towage provider based in the Netherlands, announced on Thursday it has concluded its acquisition of Kotug Seabulk Maritime (KSM), taking full ownership of the Caribbean marine towage business.KOTUG said it has acquired the interest of its joint venture partner, Fort Lauderdale, Fla.-based SEACOR Holdings via its Seabulk subsidiary KS Maritime Holdings, owner of the 50% share in KSM.Founded in 2017, KSM acts as the exclusive provider of maritime terminal support services for Buckeye Partners’ Bahamas Hub…

Energy and marine consultancy ABL Group has secured a contract by POSH Projects to act as tow master to support and supervise the towage of the Mero 3 FPSO from Yantai in China to Brazilian waters.As part of its scope of work, ABL’s operations in Singapore will provide a tow master to act as client representative throughout the 12,108 nautical mile towage.The tow master will supervise and ensure that all marine operations for the sail away from Yantai CIMC Raffles Shipyard are carried out in-line with approved recommendations and procedural documentation.

Towage and marine services company Svitzer has published its 2023 annual report, showing that total revenue grew 6% to DKK 5,786 million driven by, among other things, a record number of harbour towage tug jobs of more than 150,000.Adjusted for foreign exchange impact, total revenue grew 9.5%. Operating profit (EBITDA) was up 4% to DKK 1,690 million, corresponding to an EBITDA margin of 29.2%. In the past five years, total revenue has on average grown by almost 6% annually with an average EBITDA margin of 30%.

Marine Towing of Tampa announced it is expanding its ship assist services to Florida's east coast following a deal with E.N. Bisso & Son to acquire towing assets formerly owned by SEACOR Holdings' Seabulk arm.In September 2023, SEACOR divested its U.S. harbor towing operations, selling to Bisso 12 tugs across ports in Florida and Alabama.Under a recently executed asset purchase agreement with Bisso, Marine Towing of Tampa acquired the Port Canaveral operations and assets from the SEACOR-Bisso deal and will operate them in Canaveral under a newly formed affiliate…

In January 2024, Boluda Towage commenced towage operations in the Egyptian Abu Qir’s container terminal with three tugs.Vicente Boluda Fos, President of Boluda Corporación Marítima, said, “Abu Qir is a port in full motion, and the port developments perfectly fit with the ambitions of the Boluda Towage Division. The presence in Egypt and the Middle East is a further step towards strengthening and expanding our global activities. We are proud to be part of the developments and that…

The Great Lakes Towing Company (GLT) has hired Salvadore Menoyo for its business development team.Sal has been named Vice President-Special Projects, reporting to Joe Starck, President of GLT. He will be based in Jacksonville, Fla. and use his extensive experience and expertise to identify, develop and manage new business opportunities on the East Coast, including the Gulf and Puerto Rico. In this new role, Menoyo will work with internal and external customers and build relationships with partners and other prospects to bring value and growth to the company.Menoyo…

The first electric tugs for SAAM Towage's fleet are ready to sail from the Port of Tuzla to Vancouver, Canada, where they will join the fleet operating in that country.SAAM Towage's Engineering and Development Manager, Pablo Cáceres, said, "We are one step closer to having our electric tugs operating, which for us represents the way to advance towards more sustainable operations and move our business into the future."The Sanmar-built vessels have successfully completed their final seaworthiness trials and will soon be loaded onto the cargo ship BBC Emerald…

Towage provider Svitzer has selected Kongsberg Digital to deliver new simulators in support of crew training at its Port of Newcastle base in Australia. The contract with Kongsberg will help create a training center of excellence for the deployment of Svitzer’s new TRAnsverse tug vessels entering service in Newcastle in early 2025.The contract comprises the delivery of a training suite in Q2 2024. The delivery encompasses a full-mission 360° K-Sim Navigation simulator configured as a tug bridge, and a part-task 180° K-Sim Navigation ship’s bridge simulator.

A.P. Moller-Maersk's towage arm Svitzer announced it has appointed Mattias Hellstrom as its new global chief commercial officer (CCO), effective from October 1.Hellstrom makes the move to Svitzer’s global business after three years as CCO of Svitzer Europe, and replaces outgoing Global CCO Videlina Georgieva, who was recently appointed managing director of Svitzer Australia.Prior to his role as CCO of Svitzer Europe, Hellstrom was managing director of Svitzer Scandinavia for nearly seven years. He has also held management roles at Mediterranean Shipping Company (MSC) and A.P. Moller – Maersk.

Maritime services provider P&O Maritime Logistics on Tuesday announced it has secured a towage contract with DP World in the Dominican Republic, which will increase the volume and size of vessels calling at the Port of Caucedo.The contract, which starts on December 7, will see P&O Maritime Logistics deploy three tugs to support operations at Caucedo, which has a capacity to handle up to 2.5 million twenty-foot equivalent units (TEUs).The three tugs, including two newbuilds will help facilitate higher frequency and the handling of larger vessels…

Crowley has entered into its fourth long-term charter for its newest Tier IV ship assist tug, Artemis, with Brusco Tug & Barge.The 77-foot tug will deliver 7,000 horsepower with a bollard pull of 96 tons using two Caterpillar Marine 3516 Tier IV-compliant engines, meeting U.S. Environmental Protection Agency emission standards. Artemis will also feature advanced technology to enhance maneuverability and provide operators with remote monitoring of its performance, making it highly…