Signet Maritime closes $140 million secured term loan

Houston, Texas, headquartered tugboat operator Signet Maritime Corporation reports that it has that it closed a $140 million senior secured term loan facility with Riverstone Credit Partners, L.P., a dedicated energy and

Seabulk ATB makes first methanol delivery

Seabulk Tankers, Inc. a subsidiary of SEACOR Holdings Inc. (NYSE: CKH), today reported the successful delivery of its first methanol parcel chemical shipment aboard the articulated tug-barge (ATB) Sea-Power/Sea-Chem I. The Sea-Power/Sea-Chem

Harley Marine wins $86.5 million TRANSCOM contract

Harley Marine Services Inc., Seattle, Wash., has been awarded a firm fixed-price contract, in the estimated amount of $19,819,032. The contract provides for the transportation of Department of Defense-owned fuel and marine

VIDEO: Auckland orders world’s first all electric ship-handling tug

New Zealand’s Ports of Auckland Ltd has signed a contract with the Damen Shipyards Group for the delivery of an innovative new vessel. The RSD-E Tug 2513 will be the first fully-electric

Boluda closes Kotug Smit Towage acquisition

Boluda Towage, the towing division of Spain’s Boluda Corporación Marítima, has successfully closed the acquisition of the Dutch company Kotug Smit Towage. The transaction strengthens Boluda’s position as leading operator in Europe,

MARAD announces nine Marine Highway project designations

The U.S. Department of Transportation’s Maritime Administration (MARAD) today announced the designation of nine Marine Highway Projects and a Marine Highway Route that, together, will benefit Connecticut, Florida, Michigan, New York, Oregon,

KOTUG opts for Fleet Xpress for tugs supporting Shell Prelude

Trials of Inmarsat Fleet Xpress off Western Australia have persuaded global tug operator KOTUG International to select the high-speed broadband solution for this area of the Asia Pacific region. Following Inmarsat Fleet

Island Tug & Barge puts second new ATB tug into operation

Island Tug and Barge Ltd.’s second new ATB push tug Island Regent entered service at the end of June pushing the double hulled refined petroleum products barge, ITB Reliant. The vessel was

Great Lakes Towing christens third Damen-designed tug in series

The Great Lakes Towing Company celebrated its 120th Anniversary with the christening of its newest tugboat, the Michigan. The newly constructed tug is the third in a series of five, 64-foot Damen

Sanmar to build two “Special Bogacay” 70-t bollard pull tugs

Turkish shipbuilder Sanmar Shipyards has been steadily developing and refining its extensive ASD tug portfolio with 34 of its most popular type, the 24 meter Bogacay Class, now in operation around the

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