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Channel: Lloyds List: Towage & Salvage
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ASL Marine bolsters its ship chartering business

ASL Marine to spend $11.2m to acquire vessels from investment company Koon

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Can the UK afford to dispense with ETVs?

How astute the UK government’s decision to scrap this coastal fire-brigade service that is regularly used to tow ships clear of the coast, stand by ships in trouble and provide reassurance for vessels...

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MOL in Vietnam tug joint venture

Service is ‘indispensable’as larger-sized vessels call Vietnam

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Boskalis offers $41m to Smit pension fund

Proposes one-off payment to stop 13.2% cut in pension entitlements for Smit employees

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Svitzer eyes slow steaming

Leading tug operator has fitted an engine fuel monitoring system to some of its fleet as part of an in-depth investigation looking at ways of conserving fuel consumption

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Royston Enginei fuel monitoring system shows its strengths

Svitzer tugs have been fitted with the system, which displays fuel consumption instantaneously on the vessel’s bridge

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Smit clinches two Indian salvage contracts

MSC Chitra and Tiger Spring reported to be the two boxships involved in contracts totalling $66.5m

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SNRH ceases Le Havre operations

Uncompetitive crewing conditions blamed for closure

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Barge sinking causes Rhine bottleneck

Up to 360 barges awaiting salvage operations to clear waterway

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Inland importance

The Rhine logjam caused by a capsized tanker should be a wake-up call to press for more inland salvage resources

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Salvors free supramax from Indonesian coral

Values of ship and cargo on which salvage awards are partly based at their lowest on memory

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Dockwise upbeat despite revenues fall

Sees signs of “sustained upturn” as it positions itself for offshore growth

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Wreck removal bill has unseen costs for shipping

A UK bill could see the cost of removing uninsured wrecks picked up by UK and other shipowners

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Wreck Removal Convention Bill concerns misconceived

The Wreck Removal Convention Bill will reduce financial risks on the General Lighthouse Fund and UK harbour authorities

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Boskalis to buy MNO Vervat

Letter of intent signed on undisclosed terms

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Legacy of the West Atlas

Offshore wreck removals are on the rise and environmental concerns make them delicate and challenging operations

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Time for container operators to embrace new salvage form

The changes introduced in LOF 2011 will ensure efficiencies in the difficult circumstances of salvage operations

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Salvage Association maintains identity

Braemar’s acquisition ensures the SA’s role as a one-stop-shop for maritime interests

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Fairplay buys WUZ Gdynia

Deal makes Hamburg-based operator the biggest provider of Polish ports’ towage services

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Salvors race worsening weather to pump fuel from stranded Rena

Removing 1,700 tonnes of fuel oil is priority for owners and salvors

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