Saam Towage

Chile’s first electric tugboat nears completion

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 and bollard pull testing near the shipyard in Tuzla Bay, Istanbul.

These tests ensure the vessel meets all technical specifications while assessing its static behaviour and system performance to guarantee safe operations.

Pablo Cáceres, SAAM Towage’s Sustainability and Development Manager, mentioned: “We are pleased and proud of the results...

https://container-news.com/chiles-first-electric-tugboat-nears-completion/

SAAM reports US$59 million net income in 2024

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 (+7%), marking a solid year for the company.

During the previous year, SAAM completed the integration of acquired assets from Starnav (Brazil) and Pertraly (Ecuador).

Additionally, SAAM recorded US$479 million in net income from the sale of its port terminal and inland logistics operations in August 2023. The Board of Directors proposed...

https://container-news.com/saam-reports-us59-million-net-income-in-2024/

New line handlers join SAAM Towage fleet in Vancouver

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, following their voyage from Hong Kong.

“These multipurpose vessels play a key role in berthing and unberthing vessels by
transferring mooring lines from the ships being assisted to crews on the ground. They also
assist with emergencies, rescuing people from the water and scanning for incipient changes
in weather, tides and wind for pilots at the terminal...

https://container-news.com/new-line-handlers-join-saam-towage-fleet-in-vancouver/

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

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, translating to year-on-year increases of 8% and 14%, respectively.

In the third quarter, the company’s revenue totalled US$143 million (+4%) and EBITDA was US$47 million (+14%), while net income reached US$12 million.

“Our towage division is continuing to consolidate recently acquired operations and has performed steadily, even with the greater weather...

https://container-news.com/saam-records-over-us420-million-in-revenue-in-2024-so-far/

Electrification: Leading the “charge”

By Michael D. White

The clock is ticking down as the maritime industry is racing to implement innovative technologies to meet the net-zero emissions by 2050 set by the International Maritime Organization (IMO) in 2023.

To meet the challenge, electrification is being folded into the mix as a doable ‘green’ solution and vessel operators and designers along the West Coast from Alaska to California are leading the effort to develop and implement the latest developments in the field to reduce...

https://www.marinelog.com/news/electrification-leading-the-charge/

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

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 with Canada’s Robert Allen, are expected to reduce greenhouse gas emissions by approximately 2,400 tons annually at full capacity.

Following their arrival, the tugs will undergo necessary preparations with crews and equipment manufacturers. SAAM Towage currently operates a fleet of over 20 tugs across nine ports in British...

https://container-news.com/saam-towages-first-electric-tugs-arrive-at-port-of-vancouver/

COLUMN | First, the good news [Tug Times]

It was heartening to read a recent report about British Columbia’s first all-female tug crew, who are also believed to be the first in the history of SAAM Towage. Captain Hailey McIntyre and deckhand Ocean Rutherford sailed the tug Apache from Prince Rupert to Stewart, near the Alaskan border – a...

https://www.bairdmaritime.com/work-boat-world/tug-and-salvage-world/harbour-tugs-and-operation/column-first-the-good-news-tug-times/

Chile makes history with first electric tug in Latin America

Empresa Nacional del Petróleo (ENAP), a company engaged in the exploration, production and marketing of hydrocarbon products and their derivatives and SAAM, through its tugboat division SAAM Towage, have inked a service deal that will make Chile the first country in Latin America with an electric, and therefore emission-free, maritime tugboat.

The new tugboat is anticipated to start operations in Chile within the next 18 months.

“ENAP’s access to this service, which is unprecedented in Latin...

https://container-news.com/chile-makes-history-with-first-electric-tug-in-latin-america/

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