Sanmar ends 2024 strong with the launch of the first fully electric tugboat to operate in Latin America.Ordered by SAAM Towage, the new tug is based on the exclusive-to-Sanmar ElectRA 2500SX design from naval architects Robert Allan Ltd, and is the eighth fully electric tug Sanmar has built.The tug built for SAAM Towage measures 25.4 x 12.86m with a draft of 5.
At the Sanmar shipyard, located in Tuzla Bay, Istanbul, Latin American's first electric tug was launched.The vessel is scheduled to arrive in Chile per the service agreement signed in January this year between Empresa Nacional del Petróleo (Enap) and SAAM. This advance reaffirms both companies’ commitment to the energy transition
Commodities trader Vitol has secured three LNG bunkering vessels to support its worldwide operations.The agreements were made through Vitol’s shipping company, Vitol International Shipping.The vessels were secured via a seven to ten year time charter agreement with Avenir LNG and an order for two vessels at the CIMC Sinopacific Offshore & Engineering shipyard in Nantong, China.
The St. Lawrence Seaway opened its 66th season of operation today with an official ceremony in Niagara Region.Terence Bowles, President and CEO of the St. Lawrence Seaway Management Corporation (SLSMC) was joined by U.S. Great Lakes St. Lawrence Development Corporation Administrator Adam Tindall-Schlicht in welcoming the many who came out for the event, including M.P.
As Big Oil returns this week to the industry's annual showcase for offshore energy projects and equipment in Houston, deepwater discoveries off Guyana, Namibia and the U.S. Gulf Coast will take the spotlight.Offshore exploration had dimmed after the U.S. shale boom ushered in new and cheaper-to-tap supplies of oil
At SAAM’s annual general meeting last week, Chairman Óscar Hasbún outlined the objectives for the company's new phase, following the sale of the port terminals and inland logistics division."SAAM has robust solvency and liquidity indicators and a solid capital structure for this new cycle where our objective is clear: to become a leading global operator in the towage business and a regional