Boskalis, Kotug Complete Sale of Kotug Smit Towage to Boluda

Royal Boskalis Westminster has completed the sale of Dutch towing company Kotug Smit Towage to Spain-based Boluda Group. Boskalis was co-shareholder of Kotug Smit Towage with Kotug International. The initial sale was first announced back in March. Boskalis said it receive 93.6 million euros in cash for its 50 percent equity stake in the joint venture. Boluda reported … [Read more...]

Ship Photos of the Day – Docking a Triple-E

Today's ship photos come to us from Bremerhaven Pilots docking a Maersk Triple-E containership at the Port of Bremerhaven. The tugs seen are Rotortug's belonging to KOTUG International. In June, KOTUG officially named the RT Emotion, the first hybrid tug to operate in German waters. Photos courtesy Pilot Bremerhaven via Flickr … [Read more...]

RT Emotion – Germany’s First Hybrid Tug Named

The first hybrid tug to operate in German waters was officially named during a party held Thursday in the Port of Bremerhaven. Annika Bootsman-Kleberg, Member of the Wallenius’ Board and granddaughter of Olof Wallenius, Swedish entrepreneur and founder of Wallenius Lines, had the honor of naming the tug RT Emotion before family, friends and KOTUG’s business relations and … [Read more...]