Towage News

 

Svitzer Americas Opens Regional HQ in Panama

Apr 14, 2021

Maersk's towage arm Svitzer announced it has opened a new Americas regional headquarters in Panama City.Svitzer said it decided early last year to relocate its Americas headquarters from Miami, U.S. to Panama and move into the Panama Design Center…

SAAM Acquires 70% of Intertug

Jan 29, 2021

Port, logistics and towage services provider SAAM announced on Friday that it has finalized a $49.7 million deal to purchase 70% of post-capitalization shares of Intertug, enabling SAAm to begin towage operations in Colombia and expand its operations…

Roberts Named President of Foss Maritime

Jan 08, 2021

Seattle-based tug and towing company Foss Maritime said its chief operating officer Will Roberts has been promoted to president.“It was evident to our leadership team that Will’s ability to perform at the highest level along with his business…

Svitzer to Commence Operations in Emden, Germany

Oct 15, 2020

Towage operator Svitzer Europe announced it will start a new towage operation in Germany’s third-largest North Sea port from January 1, 2021.  To fully service customers at the seaport of Emden, Svitzer will deploy two tugboats: the Svitzer Valand…

Svitzer Announces Leadership Changes

Aug 10, 2020

Towage operator Svitzer announced Monday that effective September 1, 2020, Lise Demant will leave her role as global chief commercial officer and take up the position of managing director for Svitzer’s Europe region, succeeding Kasper Friis Nilaus…

Svitzer Names Kasper Friis Nilaus CEO

May 28, 2020

Towage operator Svitzer announced its Board of Directors has appointed Kasper Friis Nilaus, VP and current Managing Director (MD) of Svitzer Europe, to succeed Henriette Thygesen as global CEO of Svitzer A/S, effective June 15.Going forward…

Svitzer Gets 10-Year Contract Extension with Sakhalin Energy Investment

Mar 23, 2020

Svitzer, the towage operator that is part of Maersk, announced a 10-year extension of its marine service contract with Sakhalin Energy Investment Company Ltd., a consortium set up to develop and manage the Sakhalin-II project, aimed at producing and exporting oil and liquefied gas…

PSA Marine Buys Peruvian Towage Co

Feb 13, 2020

Singapore towage and pilotage company PSA Marine has moved into the South American market with the acquisition of Tramarsa Flota, a Peruvian towage company.Tramarsa Flota and its subsidiaries have been acquired from Grupo Romero. Headquartered in Lima…

Kotug Tugboats Rescue Drifting Box Ship

Jan 22, 2020

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…

SAAM Acquires Intertug

Jan 19, 2020

Chilean logistics company SAAM has struck a deal to buy Intertug Investment Holding, a towage services company with operations in Colombia, Mexico and Honduras.SAAM will spend $54.5 million for 70% of Intertug, based on an enterprise value of $98 million…

Multraship, Novatug Name 2 CRTs

Sep 10, 2019

Netherlands-based towage and salvage provider, Multraship, has held the christening ceremony for two new Novatug Carrousel Rave tug (CRTs) at Rotterdam.Multratug 32 was christened by Mrs Muller-Ribbens and Multratug 33 by The Netherlands Minister of Infrastructure and Water Management…

AtoB@C Begins Towage in Port of Raahe

Jun 17, 2019

AtoB@C Shipping, a ship operator and logistics company, said that it would start to offer port towage and related services in Port of Raahe, Finland in August 2019.A press release from the wholly-owned subsidiary of the Finnish dry bulk shipping…

Svitzer to Deliver Two Tugs for Suez Canal

Apr 02, 2019

Svitzer, part of Denmark-based A.P. Moller - Maersk Group, has signed a 10-year agreement with the Suez Canal Authority wherein the company will provide two newbuild tugs to support operations.The the largest company globally within towage,…

Pioneering Spirit Arrives Rotterdam

Mar 18, 2019

Allseas’ Pioneering Spirit, the largest construction vessel in the world, has arrived in the port of Rotterdam to prepare itself for upcoming topsides lift works.The preparations included the removal of the pipelaying stinger. When Pioneering Spirit is required for topsides lift work…

Boluda Corporación Goes to N. Europe

Mar 13, 2019

Shipping services provider Boluda Corporación Marítima has signed a letter of intent to acquire all the shares, worth 300 million euros, of Kotug Smit Towage.The Netherlands-based towage services provider Kotug Smit Towage is operating in North Sea countries (United Kingdom…

Logistics News

Yara and ACME Sign Ammonia Supply Agreement

Yara and ACME Sign Ammonia Supply Agreement

Animal Welfare Groups Decry Bahijah Re-Export Decision

Animal Welfare Groups Decry Bahijah Re-Export Decision

US Gulf Coast Fuel Oil Imports Hit Five-year Low

US Gulf Coast Fuel Oil Imports Hit Five-year Low

Post-cyclone Dredging Underway in India's Port of Krishnapatnam

Post-cyclone Dredging Underway in India's Port of Krishnapatnam

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