Valletta, Malta (PortSEurope) February 11, 2018 – Rimorchiatori Riuniti S.p.A. will invest €24 million ($29.39 million) in its subsidiary Tug Malta Limited, which operates out of Maltese ports. The plan was presented today at La Valletta, on the occasion of the launch of a new vessel, St Angelo.
The tugboat is the first of three new vessels to enter service: a further two units will come into operation in the first quarter of 2019 and 2021 respectively. With this €8 million ($9.8 million) tugboat St Angelo, Tug Malta Ltd now has eight units available. This latest acquisition will contribute to modernising the fleet in terms of typology, power and towing capacity and this will better meet the demands of local port activity, particularly in the Marsaxlokk basin, where increasingly large container vessels are calling.
The event was attended by Maltese Prime Minister Joseph Muscat and Minister of Transport Ian Borg, and the Rimorchiatori Riuniti Group chiefs, Giovanni Delle Piane and Gregorio Gavarone.
The new tug was built by Damen Shipyards in Galati, Romania, is equipped with a liquefied natural gas system for operations at the Delimara LNG terminal on the island of Malta.
Copyright (C) PortSEurope. All Rights Reserved. 2018.