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Latest From Towage and Salvage
The deal, with an enterprise value of €300m ($340m), will see the towage company become part of the Boluda Group, a family-owned company based in Spain
The first amendments to US maritime antitrust laws for 20 years are regarded as evolutionary rather than revolutionary, but nevertheless send a strong message to the big three ocean carrier vessel-sharing agreements that they must not abuse their dominant position during collective bargaining negotiations
The survey team, hired by the South Korean government, found the vessel in less than 10 days after sailing from Cape Town
Ports and tug services provider SAAM is buying up its partners stake to grow its tug fleet to 153 vessels
The Seabed Constructor search vessel will have representatives from the South Korean government and family members of the Stellar Daisy crew
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