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News

SAAM Towage completes historic transcontinental tow

Giannis Nikolakis - July 23, 2025 0

SAAM Towage has completed one of the most complex operations in its history: a transcontinental tandem tow of two platform supply vessels (PSVs) from...

News

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

Alexandros Itimoudis - June 3, 2025 0

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...

News

SAAM Towage showcases decarbonization progress and outlines future vision

Alexandros Itimoudis - May 30, 2025 0

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

News

SAAM Towage achieves major milestone with cross-border towing operation

Alexandros Itimoudis - April 23, 2025 0

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...

News

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

Alexandros Itimoudis - April 3, 2025 0

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

News

Chile’s first electric tugboat nears completion

Ioanna Kontos - March 17, 2025 0

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...

News

SAAM reports US$59 million net income in 2024

Ioanna Kontos - March 12, 2025 0

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...

News

New line handlers join SAAM Towage fleet in Vancouver

Ioanna Kontos - January 9, 2025 0

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,...

News

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

Container News Team - November 11, 2024 0

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,...

Port News

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

Ioanna Kontos - February 23, 2024 0

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...

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Tag: SAAM Towage

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