Martyn Wingrove

6 days ago | rivieramm.com | Martyn Wingrove

For now, the SESV market is stable with rising demand, high fleet utilisation and improving charter rates. “Demand in the market remains strong due to a combination of high market activity and limited vessel availability,” said GMS. It reported average daily charter rates of US$34,200 and fleet utilisation of 89% in Q1 2025, compared with US$31,800 and 86% in Q1 2024. This resulted in revenues of US$42M in the first three months of 2025 compared with US$37M in Q1 2024.

6 days ago | rivieramm.com | Martyn Wingrove

Two of the world’s first dual-fuel methanol escort tugs being built in a Turkish shipyard will have mechanical hybrid propulsion when completed in Q3 2025 Construction of two of the world’s first dual-fuel methanol escort tugs is progressing rapidly at Sanmar Shipyards, with mechanical hybrid propulsion being installed ready for their completion in Q3 2025.

6 days ago | rivieramm.com | Martyn Wingrove

Rebecca Belmer is Damen Shipyard’s design and proposal engineer who is at the beginning of her promising career in vessel design and construction. Riviera asked Ms Belmer questions about her career to date, ambitions and prospects for future development.

1 week ago | rivieramm.com | Martyn Wingrove

TAS Offshore Berhad of Malaysia has won contracts to build six tugboats for Indonesian owners with a combined value of RM38M (US$9.0M) and delivery in its 2026 financial year. Its shipbuilding subsidiary will build these vessels for two new customers from Indonesia as demand for barge towage and manoeuvring increases in the nation.

1 week ago | rivieramm.com | Martyn Wingrove

Group Ocean’s tugboats are supporting the delivery of new ship-to-shore (STS) cranes at a major western Canada port run by Global Container Terminals (GCT). Canada’s largest container terminal, south of Vancouver, in British Columbia, is replacing 12 STS cranes to expand its capacity and extend its operational life. The first six STS cranes arrived at GCT Deltaport in late April on board heavy transport vessel Zhen Hua 23, with its arrival and docking supported by three Group Ocean tugs.