Kotug Acquires Marsol
KOTUG International B.V. has completed the 100% acquisition of Marsol International Ltd., an offshore and marine terminal service center, specialized in offshore single point mooring (SPM) buoy terminals and its related infrastructure.The core business of Marsol is integrity management based commercial and technical marine service solutions for SPM and offshore terminals. Over the years Marsol’s management has operated on 32 offshore marine terminals in more than 20 countries. Marsol’s operational headquarters are based in Dubai.
Kotug Tugboats Rescue Drifting Box Ship
Dutch salvage and towage company Kotug said that its two tugs have helped to rescue a containership hit by fire while sailing off the coast of East Africa.The 2,503-teu Oinousses (built 2000) was sailing sailing from Maputo to Mombasa, off the coast of Mozambique after the vessel sustained an engine room fire.On the night of January 20, two Rotortugs of KOTUG International picked up the Mayday signal of the container vessel EM-Oinousses having a devastating fire in the engine room.Although the vessel’s crew adequately extinguished the fire…
KOTUG Buys Teekay’s Stake in Australian Towage JV
KOTUG Australia and Teekay Shipping Australia Pty Ltd. have reached a deal to reshape KT Maritime Services Australia Pty Ltd. (KTM) from a 50/50 joint venture to a full subsidiary of the KOTUG group. KTM was incorporated in 2012 to serve the Australian towage market. Now, after several years of working with KOTUG to establish this business, Teekay will exit KTM to focus on its Australian ship management, crewing and consultancy businesses. The deal received unanimous approval from the boards of both parent companies and was executed in the first week of April 2018.
KOTUG, Boskalis Begin Harbor Towage Joint Venture
KOTUG International B.V. and Royal Boskalis Westminster N.V. have formalized a joint venture for the companies’ European harbor towage operations. The joint operations are transferred to a 50/50 joint venture, combining the European harbor towage activities of KOTUG and Boskalis’ subsidiary SMIT. The merged operations will operate under the entity KOTUG SMIT Towage, with operational integration beginning April 7, 2016. With a fleet of 65 tugboats, KOTUG SMIT Towage will provide harbor towage services in northwestern Europe, operating in 11 ports in Belgium, Germany, the Netherlands and U.K.
Boskalis, KOTUG Joint Venture Formalized
Royal Boskalis Westminster N.V. and KOTUG International B.V. have reached a formal agreement to merge their European harbor towage operations following on a Memorandum of Understanding signed by the parties in late 2014. The combined operations will be transferred to a 50/50 joint venture bringing together the European harbor towage activities of KOTUG and Boskalis subsidiary SMIT, operating under the new name KOTUG SMIT Towage. The scope of the joint venture will encompass the harbor towage operations of SMIT in Belgium…
KVNR Recognizes KOTUG for Hybrid Tugs
The Royal Association of Netherlands Shipowners (KVNR) has awarded its Shipping Award to Netherlands-based towage operator KOTUG for its next-generation ART80-32 Hybrid Rotortugs. The award was presented during the 10th Dutch Maritime Awards Gala in Rotterdam by Tineke Netelenbos, chairman of the KVNR Shipping Award jury, who stated, “The propulsion configuration of these new-generation ART80-32 Hybrid Rotortugs series draws on the proven design of KOTUG’s RT Adriaan, world’s first hybrid Rotortug built under class. In 2012 KOTUG retrofitted this conventional Rotortug into a hybrid Rotortug.
Damen-built Tug RT Evolution Christened
On May 18th, 2015, the Damen-built ART 80-32 Hybrid RotortugRT Evolution was named at the Greenwich Ship Tier in London during the cocktail reception of ‘Tugnology Conference’. Mrs Elizabeth Brunton-Reed, spouse of The ABR Company’s Chairman Mr Allan Brunton-Reed, performed the christening of RT Evolution in attendance of her family and Tugnology delegates. KOTUG chose the sponsor lady to express its appreciation and gratitude for the commitments and achievements of The ABR Company. KOTUG’s CEO Ard-Jan Kooren stated: “We are proud that Mrs Elizabeth Brunton-Reed accepted our invitation.