General – China
On March 20, Guangdong COSCO Shipping Heavy Industry successfully completed sea trials of the 53.4-meter azimuth stern drive (ASD) tug N1246.
Seatrials of ASD tug in South China Sea
Tidewater announces all-cash acquisition of Wilson Sons UltraTug
General – Acquisition
On 22 February 2026, Tidewater acquired Wilson Sons Ultratug and Atlantic Offshore Services in an all-cash deal valued at approximately $500 million, including the assumption of roughly $261 million in debt.
[Read more…] about Tidewater announces all-cash acquisition of Wilson Sons UltraTugDamen and Boluda bringing zero-emissions tugs to Europe
General – Zero-Emissions Tugs
Damen Shipyards and Boluda Towage have joined forces to bring zero-emissions tugs to Europe.
[Read more…] about Damen and Boluda bringing zero-emissions tugs to Europe