Tug Malta Limited News

In November 2011, Tug Malta Limited, a subsidiary of Rimorchiatori Riuniti of Genoa, Italy, took delivery of the tug St Elmo, the latest RAmparts 3000W Class tug designed by Robert Allan Ltd. of Vancouver, Canada. The vessel was built by Astilleros Zamakona of Spain in their Pasaia Shipyard. The tug will be based in Malta and brings Tug Malta's fleet to a total of eight tugs. This additional new vessel further modernizes the fleet after the recent delivery of the Robert Allan Ltd. designed Voith tractor Spinola in July 2009.

According to Di-ve news, Malta’s Ministry for Investment, Industry and Information Technology (MITI) announced that the process for the sale of the Government 73.72% shareholding in Tug Malta Limited got underway as eleven companies in the towage and salvage operations signed a confidentiality agreement with the Privatization Unit and collected the Request for Proposals (RFP) document which outlines what is expected in the detailed bids that these companies should submit for the acquisition of the Government's share. Tug Malta services have recently been reformed and regulated by newly revised legislation. The company was nationalized out of the private companies that used to run the business prior to 1980.