Monday, June 5, 2023
HomeHeadlinesSvitzer Brazil strengthens fleet with two newbuilds

Subscribe

To our FREE newsletter
Get all the latest maritime news delivered straight to your inbox.

Svitzer Brazil strengthens fleet with two newbuilds

Svitzer, leading global towage operator and part of A.P. Moller-Maersk, has announced that it is further strengthening its fleet in Brazil with two newbuilds. The two new azimuth stern drive (ASD) 70-ton bollard pull tugboats will be delivered by Brazilian shipyard Rio Maguari in 2024.

In 2021, Svitzer expanded its port coverage in Brazil by adding Suape and Pecem to the footprint and ordering four newbuilds, also to be delivered by Rio Maguari, as part of the company’s strong growth ambitions in Brazil. With the latest two newbuilds, Svitzer Brazil is further strengthening its fleet to meet customer demands.

Commenting on the investment in new tugs, Daniel Reedtz Cohen, Managing Director Svitzer Brazil says:

“We are running a solid business in Brazil with good volumes and I am very pleased that we are now investing in another two newbuilds as the investment will enable us to expand our port coverage even further to the benefit of our customers. The two new tugs are a vital addition to our existing fleet as they will be equipped with FiFi 1 (firefighting) capabilities, which we know is highly requested by both our customers and port authorities. We have an ambition to serve our customers with Brazilian built vessels and I am therefore also very pleased that we can continue our good partnership with Rio Maguari with this new order.”

The two new tugs will be from the RAmparts 2300 series designed by Robert Allan Ltd. and will be delivered in 2024.

Related Posts

Video

Finance & Economy
Shipping News
Ports

BW LPG appoints new CFO

BW LPG announced that it has appointed Ms Samantha Xu as Chief Financial Officer (CFO), effective 1 September 2023. Ms Xu has over 20 years...

Frontline Posts Highest First Quarter Results Since 2008

Frontline plc reported unaudited results for the three months ended March 31, 2023: Highlights Highest first quarter profit since 2008 of $199.6 million, or $0.90 per...

Diana Shipping posts slightly lower Q1 profit; takes out $123m in loans

Diana Shipping reported net income of $22.7 million and net income attributed to common stockholders of $21.3 million for the first quarter of 2023....

CMA CGM Profit Eases as Container Transport Demand Wanes

CMA CGM expects its profit to ease further for the rest of the year after a first-quarter decline, as an uncertain economy and influx...

Seanergy ‘well positioned to benefit from positive trend in Capesize market’

Seanergy Maritime Holdings Corp., announced its financial results for the first quarter ended March 31, 2023, and declared a quarterly dividend of $0.025 per...

Taiwan Shipping Firms Set to Hand Out Bumper Bonuses Again

Taiwanese shipping companies are handing out bumper mid-year bonuses despite a slump in global...

Baltic index hits over 3-month low amid lower coal imports

The Baltic exchange’s main sea freight index extended losses for the 15th session straight...

Baltic index falls for the month as vessel demand wanes

The Baltic exchange’s main sea freight index recorded its first monthly decline in four...

North Korea missile tests endanger shipping, UN maritime agency told

North Korean missile tests are endangering the safety of commercial shipping in busy sea...

Singapore Clamps Down on Tankers as Dark Fleet Grows

Singapore’s detentions of oil and chemicals tankers have surged since early last year, highlighting...

DP World Completes Terminal Expansion Project Vancouver Port

DP World has completed the AED954 million ($259.78 million) Centerm expansion project, increasing container throughput at the Port of Vancouver by 60 percent. The terminal...

DP World completes AED 954 million Vancouver port expansion

DP World and the Vancouver Fraser Port Authority have celebrated two historic events – the completion of the Centerm Expansion Project at DP World...

Alexandroupolis port gets 24 million euros of EU funding

Greece has secured 24 million euros ($26 million) in European Union funding to upgrade its northern Aegean Sea port of Alexandroupolis, privatisation agency HRADF...

Port Hedland Iron Ore Exports Down 5% in April

Pilbara Ports Authority (PPA) has delivered a total monthly throughput of 57.7 million tonnes (Mt) for April 2023. This throughput was a two per cent...

APM Terminals Reveals $1 Billion Investment in Brazil

APM Terminals’ CEO Keith Svendsen has pledged an investment of about US$1 billion in the company's Brazilian operations up to 2026. The amount includes around...