Sunday, June 22, 2025
Tags SAAM Towage

Tag: SAAM Towage

SAAM-Enap partnership: Latin America’s first electric tug en route to Chile

Latin America’s first fully electric tugboat has officially set sail from Tuzla, Turkey, on a 45-day journey to Puerto Montt, Chile. From there, it will...

SAAM Towage showcases decarbonization progress and outlines future vision

SAAM Towage presented its progress in sustainable maritime operations at Tug Technology 2025, focusing on its pioneering work with electric tugboats under the Dynamo...

SAAM Towage achieves major milestone with cross-border towing operation

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...

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

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

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...

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...

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,...

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,...

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...

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...
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