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SAAM Towage achieves major milestone with cross-border towing operation

Alexandros Itimoudis - 0
SAAM Towage has successfully executed a major and complex towing and logistics operation, marking a significant milestone in the company’s capabilities. This extensive maneuver, which...
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News

SAAM Towage, Caterpillar Marine sign deal to advance electrification and alternative fuel usage

Alexandros Itimoudis - 0
SAAM Towage and Caterpillar Marine have entered into a Memorandum of Understanding (MoU) to explore and adopt alternative power solutions beyond diesel, such as...
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News

Chile’s first electric tugboat nears completion

Ioanna Kontos - 0
Latin America's first electric tugboat, set to operate in Chile through a partnership between Enap and SAAM Towage, is progressing with final sea trials...
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News

SAAM reports US$59 million net income in 2024

Ioanna Kontos - 0
SAAM reported a net income of US$59.2 million from continuing operations in 2024, with EBITDA reaching US$188 million (+17%) and revenue totalling US$578 million...
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News

New line handlers join SAAM Towage fleet in Vancouver

Ioanna Kontos - 0
The newly arrived line handlers joining SAAM Towage Canada's fleet were unloaded from the vessel "Jumbo" at the Port of Vancouver on 6 January,...
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News

SAAM records over US$420 million in revenue in 2024 so far

Container News Team - 0
SAAM has achieved improved financial results in the first three quarters of the year, with revenue of US$427 million and EBITDA of US$137 million,...
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Port News

SAAM Towage’s first electric tugs arrive at Port of Vancouver

Ioanna Kontos - 0
SANMAR Shipyards has delivered SAAM Towage's first electric tugs to the Port of Vancouver in Canada. These cutting-edge ElectRA 2300SX units, developed in collaboration...
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News

Chile makes history with first electric tug in Latin America

Ioanna Kontos - 0
Empresa Nacional del Petróleo (ENAP), a company engaged in the exploration, production and marketing of hydrocarbon products and their derivatives and SAAM, through its...
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News

SAAM Towage’s first electric tugs en route to Vancouver

Ioanna Kontos - 0
In a significant step toward eco-friendly maritime practices, the first electric tugs for SAAM Towage's fleet are set to embark on their journey from...
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News

SAAM Towage inks deal for its first electric tugboats

Container News Team - 0
SAAM Towage, division of SAAM Group, signed an agreement on 13 October with Teck & Neptune Terminals to deploy the first two electric tugs...
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Hapag-Lloyd applies GRI on Pakistan–Middle East trade lanes

Rates & Surcharges Antonis Karamalegkos - 0
Hapag-Lloyd has announced a General Rate Increase (GRI) from Pakistan to the Arabian Gulf, Saudi Arabia (Eastern and Western Provinces), Jordan and Yemen, and...
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Wan Hai Lines debuts new Vietnam–Thailand–India direct route

Services Container News Team - 0
Wan Hai Lines has announced a new direct service, the Tamil Nadu–Thailand Express (TTX) service, with the first vessel arriving at India's Chennai and...
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Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

CN Premium Articles Container News Team - 0
As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...
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MSC and ZIM downsize joint Far East-US East Coast service network

Services Antonis Karamalegkos - 0
In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...
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