Canada Focus: Tugboats Ordered, Delivered for Expanded Energy Export Terminals
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The construction of new LNG export ports and the expansion of existing terminals in British Columbia is driving demand for new tugs across Canada. Seaspan’s joint venture HaiSea Marine and SAAM Towage have contracted shipyards to build new vessels, while Kotug Canada is celebrating the arrival of its latest newbuild. The activity reflects Canada’s growing energy export ambitions and the tug demand they generate.
The Market Driver
LNG exports are driving demand. New ports are being built. An existing terminal is expanding. This is in British Columbia. It requires more tugs.
The demand spans several owners. A joint venture has ordered tugs. Others have too. Deliveries are arriving. The activity is broad.
The HaiSea Orders
A joint venture has ordered tugs. It involves Seaspan and a First Nation. Two builders will construct them. These serve LNG hubs. They escort gas carriers.
The orders cover varied vessels. Some are harbour tugs. A larger escort tug features. These offer strong bollard pull. They suit winter conditions.
The LNG Expansion
The LNG project is expanding. A major investment was agreed. It doubles capacity. It adds liquefaction trains. Storage features too.
The expansion reflects ambition. Canada targets high LNG output. Several projects underpin this. These add tug demand. They support growth.
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The SAAM and Kotug Fleets
SAAM is expanding its fleet. A Chilean yard will build a tug. It delivers in 2027. It is an escort tug. It meets emissions standards.
Kotug welcomed a new tug. It is methanol-powered. A Turkish yard built it. It escorts tankers. A sister vessel follows.
The Methanol Tugs
The methanol tugs are powerful. They offer strong bollard pull. They are among Canada’s most powerful. They cut emissions. They use dual-fuel engines.
The tugs serve demanding routes. They escort Aframax tankers. They cover long distances. They carry spill equipment. They support emergency response.
The Corporate Moves
Seaspan is selling a business. It covers petroleum barging. A buyer was named. The deal includes barges. A tug features too.
Seaspan made an earlier sale. It sold a legacy business. This included many barges. The buyer launched a new group. It serves the region.
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This article was contributed by an external writer affiliated with our publication.
