Singapore Picks 11 Proposals to Advance Electric Harbor Craft Designs
The Maritime and Port Authority of Singapore (MPA) has shortlisted 11 proposals, submitted by seven companies and consortia, to advance designs and promote adoption of full electric harbor craft (e-HC) in Singapore.The announcement follows call for the expressions of interest (EOI), launched by MPA) in 2023, which yielded 55 proposals from 32 international and local companies and consortia.The results signal high interest and strong confidence by global and local participants in the development of e-HC in Singapore.Of the 11 e-HC designs…
Rimorchiatori Mediterranei Buys Keppel Smit Towage and Maju Maritime
Dutch marine services firm Boskalis and its co-shareholder KS Investments Pte. Ltd. (Keppel) have completed the sale of their equity stakes in their harbor towage activities in Singapore and Malaysia - Keppel Smit Towage Pte Ltd and Maju Maritime Pte Ltd - to Rimorchiatori Mediterranei.Boskalis received EUR 92 million in cash for its 49% equity stake in the joint ventures resulting in a pre tax book gain of approximately EUR 50 million. Keppel Smit Towage (KST) was established in 1991 as a joint venture between Keppel and SMIT, a subsidiary of Boskalis. Over the past thirty years, Boskalis said, KST/Maju has developed into one of the largest and leading providers of harbor towage services in Southeast Asia.
