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.
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
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
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.
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
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
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
The Australian Maritime Safety Authority (AMSA) has released a 'Request For Tender' for a level-two emergency towage contract. While the safety standards of commercial shipping have steadily improved, internal experience has shown that a single major pollution incident can result in huge losses, not only to the marine environment, but also to coastal communities, and recreational and commercial activities. Under the contract, effective from June 2013
Q3 TRADING UPDATE - HIGHLIGHTS Good third quarter with sizable financial settlements on old projects Order book increased slightly to EUR 3.3 billion 2014 OUTLOOK Market conditions remain challenging Good second half-year expected
Tug boat operators plan short strike at top Australian iron ore port Tug boat engineers at Port Hedland, Australia's biggest iron ore port, plan to stop work for four hours on Nov. 12 over a pay dispute, threatening exports from BHP Billiton and Fortescue Metals Group
As from the start of October 2014, KOTUG is assisting all LNG vessels at the Brunei LNG Terminal with three powerful Rotortugs. Brunei Shell Petroleum Company awarded KOTUG as its exclusive towage provider with a 24/7 operation, supported by local management.
The second of four Damen ASD Tugs 2810 for ARC Towage (Spain) has left for Trinidad. There, the Guapo Warrior will join the fleet of Joint Venture company ARC Towage, which will provide the gas terminal berthing services for a significant energy industry player in Trinidad and Tobago.
A 4-hours stop work meeting has been formally notified by the MUA at the PB Towage operations at the ports of Sydney, Brisbane, Melbourne and Newcastle on Friday 10 October. This comes after PB Towage and the respective maritime unions failed to reach a settlement on the renewal of the PB
Iskes Towing & Salvage has taken delivery of a Damen ASD 3212 tug named Mercurius. To date the Netherlands-based tug operator’s fleet now includes three Damen builds, all built in the last four years. “We used the same leasing option (with Damen) with the Argus
A steel cutting ceremony held last week at the Singapore shipyard of partner company, ASL Shipyard Pte Ltd. marked the start of construction for the first of three infield support vessels (ISVs) being constructed by Perth-based KT Maritime Services Australia Pty Ltd to support Shell’s
RimorchiatoriRiunitiS.p.A. of Genoa (Italy) has taken delivery of a Damen ASD Tug 2411. The 70-metric-ton bollard pull azimuth stern drive tug will be temporarily deployed by Tug Malta Ltd., a full subsidiary of the Genovese towage company.
URAG, a German port and offshore towage provider based in Bremerhaven, has placed an order for two Damen ASD 2411 tugs. The contract was signed at the SMM exhibition in Hamburg. This contract follows an order placed in September 2013 for an identical vessel which is under management by
The Rolls-Royce brand MTU and Fairplay Towage are to test an MTU diesel genset with SCR exhaust aftertreatment in a harbor tug in order to verify compliance with IMO Tier III emission requirements that come into force as of 2016. The nitrogen oxide (NOx) emissions will be cut by 90% compared with
Rosmolenweg 20 Papendrecht, 3356 LK, Netherlands Email: email@example.com Website: www.smit.com Chairman of the Executive Board: Ben Vree The Company: In 1842, 65-year-old Fop Smit began using a 140hp paddle steamer to guide vessels safely into the Port of Rotterdam, and thus L
Voith wins record contract for Voith Schneider Propellers In South Africa’s largest local shipbuilding contract Transnet National Ports Authority has ordered nine new Voith Water Tractors (VWT) for use in several ports across the country
Nakilat has celebrated the delivery of two 16-meter mooring boats built by shipbuilder Nakilat Damen Shipyards Qatar for towage operator Nakilat Svitzer Wijsmuller. The built-in-Qatar vessels will be operated at the Port of Ras Laffan. The two Stan Tug 1606 mooring boats
Solent Towage Ltd (STL) reports that is has saved more than 60-man hours since December 2013 by installing gplink, the remote monitoring and tracking solution from Finning Power Systems (Finning) for Cat engines. The company operates a fleet of seven tugboats off the UK’s south coast
Effective from 1 August 2014, there will be a single towage charge of $49634.20 (excl GST) - $55497.62 (incl GST) for all vessels calling at the port of Hay Point. In relation to towage charges for the services to the BMA Hay Point Coal Terminal