Smit International NV announced that net earnings for 2005 have risen by nearly 40% to EUR 38.3 million. Despite facing a heavier tax burden of 30% (up from 24% in 2004), the divisions Harbor Towage, Terminals and Transport & Heavy Lift achieved better results in comparison to 2004. The Salvage division performed well above the so called historical average. SMIT has served the maritime sector for more than 160 years. SMIT’s services are organised into four Divisions: • Harbor Towage: harbor towage services and related maritime services. • Terminals: towage services and related maritime and management services to offshore and onshore terminals. • Salvage: salvage, wreck removal, environmental protection and consultancy. • Transport & Heavy Lift: barge rental & transport, ocean, coastal and river towage, heavy lifting and marine support to a variety of civil and offshore projects.
Towage and salvage specialist Multraship said it has further strengthened its multipurpose fleet with the addition of the ASD tug Multratug 20. Multraship has contracted with international broker and consultant DSB Offshore for the long-term bareboat charter of the 72-ton bollard-pull vessel, which was built by the Bogazici Shipyard in Turkey in 2010 and is equipped to undertake a range of services including towage, escort, anchor-handling, fire-fighting and salvage.
Hardware and towage group Howard Smith Ltd. pointed to a difficult market for its main hardware and industrial supplies businesses on Tuesday, after posting a flat half year result. Although recent data pointed to a housing recovery, actual spending on hardware was expected to lag housing approvals and a break in economic conditions was not expected until at least mid-year. "The outlook for the next four months is tough
Multraship Towage & Salvage ordered two combi-tugs from Malaysian shipbuilder Nautica Nova Shipbuilding & Engineering (NNSE) which feature a Carousel towing system and will be used to address the needs of big ships requiring escort facilities into harbors and rivers. The first of the two 80-ton static bollard pull Carousel Combi-Tugs is due for delivery at the end of 2007, and the second, about three months later. The combi-tugs are designed for unrestricted harbor towage
Keppel Singmarine Ltd, a wholly owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M) has secured orders for three offshore support vessels (OSVs) and two tugboats for about $80 million. The vessels will be progressively delivered to their owners up to end 2006. Keppel Singmarine will build one ice-class OSV for anchor handling and supply purposes for new customer, the Russian oil company Lukoil Kaliningradmorneft (LUKOIL)
Salvage and towage company, Multraship BV has added the former Red Funnel/Adsteam tug Hamtun to its fleet. The 1985-built, 3,500 IHP vessel has been renamed Multratug 16 and will mainly be deployed providing harbour towage services in the ports of Terneuzen and Flushing and on the Terneuzen-Ghent Canal. Multraship has also bought the former Dutch lifeboat Johannes Frederik, to operate as a fast-rescue tender providing emergency response services in the River Scheldt area
Novatug, the Rotterdam-based specialist behind the design of the revolutionary Carousel towing system for tugboats, has established an international tugboat equipment sourcing consultancy for vessel owners and shipyards. The innovative Carousel towing system, which is being incorporated into two combi-tugs being built in Malaysia for Dutch salvage and towage company Multraship, could revolutionise tug design, without the need for expensive technology, according to Rolf Kievits
Gross Operating Income totaled $146.2m or 115.1 million euros, up 12.7% in the first half of 2006. This strong performance was achieved by the sharp growth in the Offshore Division, particularly in Africa, and by the solid performance achieved by the Towage & Salvage Division, whereas the Bulk Division was impacted by lower cargo rates. Operating income rose 7.6% to $90.4m or 71.2 million euros and reflects the increase in amortization and depreciation due to the rise in the
Spanish yard constructs vessels for Adriatic towage Spanish builder Astilleros Armón recently delivered one tug boat powered by two MAN 7L27/38 four-stroke engines and is close to delivering another powered by two similar 9L27/38 engines. The vessels are bound for separate companies of the Italian ‘Ocean Group’. The first project involved the construction of the ‘Neptun’, a Voith-Schneider Tractor Tug constructed at Astilleros Armón Navia in
Argentinian towage and harbor company RemolcadoresUnidosArgentinos (RUA) has just taken delivery of the RUA Cap. Lucio R, a Damen ASD 2810 tug. Although Damen’s tugs have operated in Argentina before, this vessel is the first time a Damen tug is owned by an Argentinian company. Established in 1967 and based in Buenos Aires, RUA has a seven-strong fleet of vessels with a smaller bollard pull than the ASD 2810. The new vessel has 58t bollard pull and is a reflection of the growing economy
Royal Boskalis Westminster N.V. (Boskalis) announces that it has reached an agreement to acquire Fairmount Marine B.V. and Fairmount Ocean Towage Company B.V. (Fairmount) from the French group Louis Dreyfus Armateurs. The transaction values the company at an average multiple of approximately six
Teekay Offshore Partners say they have agreed to acquire ALP Maritime Services B.V. (ALP), a Netherlands-based provider of long-haul ocean towage and offshore installation services to the global offshore oil and gas industry. Details as follows:
Fairmount Marine said its tug, Fairmount Glacier, has safely delivered bulk carrier Cassiopeia Star in the port of Las Palmas, Canary Islands. The bulker was picked up during bad weather on the mid-Atlantic where she was drifting with main engine problems
Smit Lamnalco has taken delivery of, and will soon deploy, the SL Kiwi. It’s their second tug of the Damen STu 2208 type. The 39.4-metric-ton bollard pull tug will join the sister ship SL Kittiwake, delivered late 2012, to support Single Point Mooring operations.
The Australian Maritime Safety Authority (AMSA) has awarded two substantial new contracts to Brisbane-based company Australian Maritime Systems Limited to provide emergency towage services in Far North Queensland as well as to maintain its aids to navigation network.
EMAS announced that its Subsea Services division (EMAS AMC) has been awarded projects worth a total of approximately $80 million (USD), including options. The scope of these projects cover a large spectrum of subsea work, including the decommissioning and towage of an FPSO in Asia and the
Topaz Energy and Marine has announced the acquisition of two large and modern Anchor Handling Towage and Supply Vessels (AHTSV) at a purchase price in excess of $100 million (USD). The vessels, the Caspian Challenger and the Caspian Endeavour
The Philippines Coast Guard Central Vizayas Action Center reported today three maritime incidents that occurred within their area of responsibility last night, January 15. MV Joyful Star with 237 passengers onboard ran aground yesterday around 11:45 p.m
Fairmount Marine said it had delivered rig ENSCO 5004 in Malta at the end of a voyage that began offshore Rio de Janeiro. Rig ENSCO 5004 is a 1982 built 94.7 meters long and 70.4 meters wide semi-submersible drilling rig. The towage of rig ENSCO 5004 from Rio de Janeiro to Malta took about 5
Fairmount Marine say they have safely delivered the semi-submersible drilling rig ENSCO 5004 to Malta at the end of a voyage that began offshore Rio de Janeiro. The 5,782 nautical mile towage of the 94,7 meters long and 70,4 meters wide rig from from Rio de Janeiro to Malta was accomplished at
Dockwise, a subsidiary of Royal Boskalis Westminster N.V. (Boskalis) has been awarded a contract by Bechtel for shipping modules for the Chevron-operated LNG production Wheatstone Project in Western Australia. The contract value is estimated at approximately USD 275 million
Wilson Sons Estaleiros Ltda, has contracted with Braizilian subsidiary shipyard Oceanpact for the construction of four Oil Spill Recovery Vessels (OSRVs), with recovered oil storage capacity of 1,050 m³, a length of 67 meters, and a beam of 14 meters.
Royal Boskalis Westminster N.V. (Boskalis) raises its 2013 net profit outlook to at least EUR 360-million. Boskalis says it has concluded an exceptionally good third quarter. Revenue, adjusted for the sale of the 40% stake in Archirodon, and earnings were higher than in the first and second
Iskes Towage & Salvage signed an agreement with VSTEP for the delivery of two NAUTIS Tug and Offshore Supply Vessel (OSV) simulators. These simulators are the first units purchased for the new Iskes / Damen Training Center, set up in the new office building of Iskes at the port entrance to the
London Offshore Consultants (LOC), a global marine and engineering consultant for the shipping and offshore energy sectors, announces plans to increase its presence in Australia. Identifying a strategic growth plan which allows the group to maintain quality and improve client response time