Towage News

 

Svitzer Announces Lockout in Australia

Nov 14, 2022

Svitzer Australia, a subsidiary of A.P. Møller – Maersk, announced on Monday that it will lock out all harbor towage employees covered under its 2016 National Towage Enterprise Agreement and their union bargaining representatives starting Friday, November 18, amid ongoing pay disputes.The lockout, which is slated to run indefinitely, will impact shipping operations at Australian ports in Queensland…

SAAM Seeks Further Growth in Towage Business

Apr 08, 2024

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…

SAAM Closes 2023 with Historic Earnings

Mar 12, 2024

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…

Boluda Towage Starts Operations in Egypt

Jan 26, 2024

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…

Gastrade Awards Alexandroupolis LNG Terminal Towage Contract to Svitzer

Jul 13, 2023

A.P. Moller-Maersk's towage arm Svitzer announced it has signed a 15-year agreement to service Gastrade’s Alexandroupolis Independent Natural Gas System (Alexandroupolis INGS) LNG terminal—the first offshore LNG project in Greece—set to become operational in the beginning of 2024…

Boluda Towage Expands Its Services in Togo

May 22, 2023

Marine towage provider Boluda Towage announced it has strengthened its partnership with Togo, highlighting its capacity for expansion, growth, and internationalization in the West African nation.The main purpose of this meeting was to evaluate…

Svitzer Expands Into Brazil's Port of Salvador

Mar 01, 2023

A.P. Moller-Maersk's towage arm Svitzer announced it has expanded its presence in Brazil to provide operations and services at the Port of Salvador, including Aratu Port Complexes.Svitzer said it will deploy two 'modern and high-powered' tugs…

SAAM Towage Colombia Operations Are Carbon Neutral

Feb 17, 2023

Once again, SAAM Towage verified and fully offset the greenhouse gas emissions from its Colombian operations. The measurement process, certified by Bureau Veritas, considered all direct emissions and all indirect emissions from energy consumption…

Svitzer Appoints New Global Head of Green Ports

Feb 09, 2023

A.P. Moller-Maersk's towage arm Svitzer announced Svitzer Australia Chief Commercial Officer Ivan Spanjic has been appointed as Global Head of Green Ports.Svitzer CEO Kasper Nilaus believes Spanjic’s role will be central to helping Svitzer’s…

SAAM Towage Certifies Its Carbon Footprint

Jan 17, 2023

For the fifth year in a row, SAAM Towage was recognized by the Ministry of the Environment’s Huella Chile program for measuring and assuring its greenhouse gas (GHG) emissions during 2021.“Our commitment is to continually seek alternatives that…

Boluda Towage Starts Ops to Support German FSRU

Dec 30, 2022

Boluda Towage has started towing services at the German port of Lubmin for the first installation of a floating LNG storage plant.The Deutsche ReGas LubminLNG import terminal will become the first operational FSRU-based facility in Germany.…

Svitzer Promotes Two Senior Leaders

Oct 27, 2022

Svitzer, the towage arm of Danish shipping giant A.P. Moller-Maersk, announced two senior leadership appointments: Kasper Karlsen as Global Chief Operating Officer and Deniz Kirdar True as Managing Director in the AMEA region.Karlsen has held different leadership positions in the A…

SAAM Quibian Reaches Port of Manzanillo

Oct 26, 2022

SAAM Towage's new tug, which will bolster the company's services in the Colon area, including support for ships transiting the Panama Canal, has already reached the Port of Manzanillo.The SAAM Quibian, purchased from Türkiye-based Sanmar Shipyards…

Svitzer Aims to Be Fully Carbon Neutral by 2040

May 31, 2022

A.P. Moller-Maersk's towage operator arm Svitzer on Tuesday announced its commitment to become fully carbon neutral by 2040.The Denmark based company said it will am to reduce the CO2 intensity of its entire fleet by 50% by 2030, paving the…

Adani Ports Acquires Marine Services Firm Ocean Sparkle

Apr 22, 2022

Adani Ports, the largest private ports and logistics company in India, said it has reached a deal to acquire a 100% stake in India’s largest third-party marine services provider Ocean Sparkle Ltd. (OSL).OSL, which provides towage, pilotage, and dredging services…

Logistics News

Port Cost Miscalculation Led to Six-Figure Loss

Port Cost Miscalculation Led to Six-Figure Loss

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Taiwan Signals Likely End to Latest Chinese Drills

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Panamanian-flag Tanker Rescues 73 in Dramatic Ops

Update on Insolvency of FSG-Nobiskrug Shipyard

Update on Insolvency of FSG-Nobiskrug Shipyard

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