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.
Boskalis, KOTUG agree to merge European harbor towage operations Royal Boskalis Westminster N.V. and KOTUG International B.V. have signed a Memorandum of Understanding (MoU) to merge the companies’ European harbor towage operations. The companies will establish a 50/50 joint venture for this purpose, combining the European harbor towage activities of SMIT, a Boskalis subsidiary, with the European harbor towage activities of KOTUG
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
First delivery of Damen ASD Tug 2810, ARC Towage signed four contracts total in Barcelona, Spain On July 31, 2013, ARC Towage signed four contracts at the Netherlands shipbuilder Damen Shipyards Group. The newbuilding contracts with ARC Towage are the result of a special joint venture set-up for the terminal berthing services for a significant energy industry player in Trinidad and Tobago. The first Damen ASD 2810, MV Kairi, left for Trinidad
KOTUG Asia Sdn. Bhd. has commenced towage activities with its Rotortugs in the port of Tanjung Pelapas (PTP) Malaysia, with effect from November 1, 2015, the operator and owner announced today. KOTUG Asia said it started its operations with two 65 tons bollard pull Rotortugs, RT Claire and RT Stéphanie, in PTP delivering 24/7 operations supported by local Malaysian management and experienced crew. Additionally
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.
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
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)
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.
Keppel Offshore & Marine (Keppel O&M) announced it has secured contracts to build its first two dual-fuel diesel liquefied natural gas (LNG) harbor tugs, and signed a Memorandum of Understanding (MOU) with Keppel-Royal Dutch Shell plc (Shell) to jointly explore opportunities in using LNG
Royal Boskalis Westminster N.V. (Boskalis) closed the third quarter of 2016 in line with expectations. Both revenue and operating profit were higher than the average seen in the first two quarters of the year. The increase was wholly attributable to the contribution from the offshore activities
GAC UK has been appointed by Seaway Heavy Lifting (SHL) to provide essential shipping services support for the construction and installation of 84 new turbines as part of a major windfarm expansion project which will increase generating capacity almost six-fold.
The SMS Shoalbuster, a 26-metre Damen Shoalbuster 2609 owned and operated by GSS Marine Services based in Rosyth, Scotland, has recently completed a 14,572 nm round trip that included two transatlantic crossings. The Shoalbuster range is designed as a multi-role workboat optimised for shallow
Rimorchiatori Augusta and Damen Shipyards Group have recently signed a contract for an ASD 2810 tug for operations in the Sicilian port of Augusta. Rimorchiatori Augusta is a new venture for the Rimorchiatori Riuniti group and this will be the first new vessel for the company
MTS Statum completes marine towage of barge carrying Boeing 767 from Shannon Airport Marine service provider Marine and Towage Services Group Ltd. (MTS) has completed a charter to deliver a Boeing 767 from Shannon Airport to its new home at the Quirky Glamping site in Enniscrone
The Damen Shipyards Group has received an order for a state-of-the-art, 74 m Fishery Research Vessel from the Angolan Ministry of Fisheries. This special vessel, which has Silent-A/F/R Class notation and features a basic design from Skipsteknisk.
In highly challenged shipping and salvage markets, Svitzer delivered an underlying profit for Q2 2016 of USD 23m (USD 30m). In the first 6 months of 2016, Svitzer expanded its market share in key markets. It is also in the midst of implementing several long term contracts in its
Members of Svitzer's management team visited both of Sanmar’s shipyards to monitor the progress of existing orders and discuss further existing contracts between the towage and emergency response firm and the Turkish shipbuilder. Svitzer ‘s chief technical officer, Kristian Brauner
A naming ceremony was held on August 30, 2016 for Svitzer Amstel, a new Sanmar ASD 60-metric-ton bollard pull tug operating in the Port of Amsterdam. The naming ceremony of Svitzer Amstel built by Sanmar Shipyards, was hosted by Port Towage Amsterdam
The role of the pilot in mitigating the potential economic and environmental risk from today's large vessels is one of the most important in maritime safety. In recognition of this, the International Chamber of Shipping (ICS) has embarked upon its first comprehensive survey of
Grand Bahama Shipyard Limited (GBSL), a shipyard in the Caribbean, said it had a productive summer program consisting of work on vessels from the tanker, container and towage segments of the maritime industry. Additionally, renovations and upgrades were performed on the floating dry docks and
The new head office of KOTUG SMIT TOWAGE was opened September 23 in Rotterdam by mayor Ahmed Aboutaleb. KOTUG SMIT TOWAGE was founded on April 7, 2016 following the merger of the European harbor towage services of KOTUG and SMIT. After the start
The work of Astilleros Zamakona's collaboration with Robert Allan as a designer and experience of Boluda Towage and Salvage as an operator in tow obtained from this new construction 768 tugboat VB XALOC type AVT will be from now on the tugboat reference for port operations, towing and escort.
Royal Boskalis Westminster (Boskalis) joint ventures Keppel Smit Towage and Maju Maritime have ordered two innovative LNG dual-fuel harbor tugs, which marks a breakthrough for realizing clean environmentally friendly harbor towage services in the Singapore port