Svitzer has contracted Turkey’s  Sanmar Shipyard for the construction of six tugs for delivery from Q4 2016.

China’s Qingdao Port International and towage and emergency response firm Svitzer have inked a cooperation agreement.

Svitzer has ordered two ASD 3212 tugboats from Damen, to be constructed at the shipbuilder's Song Cam Shipyard in Vietnam.

Towage and emergency response firm Svitzer has ventured into the Malaysian market with the establishment of a new joint venture with Malaysia’s SVR Marine Services.

Svitzer has entered the Brazilian towage market by taking a controlling stake in harbour towage operator Transmar Serviços Maritimos.

Salvage firms Svitzer and Titan Salvage are merging to form a new company, Ardent, operating out of Houston.

DFDS general cargo vessel Lysblink Seaways, which ran aground off Western Scotland, has self-floated and is now at anchor close to the grounding site, according to the UK Maritime and Coastguard Agency (MCA).  

Grounded car carrier Höegh Osaka has self-floated at high tide, and salvors are now preparing to tow her to shore in Southampton, according to the UK Maritime Coastguard Agency.

AP Moller - Maersk's profits increased almost four-fold in the second quarter to $2.2bn compared to the previous year's $804m result, despite a hefty $1.7bn impairment on its Brazilian oil assets.

Svitzer's relationship with CMA CGM is to be expanded from today with the addition of towage service contracts in Europe and Australia.