The Sub-committee held its third meeting on the revision of BIMCOâEUR(TM)s International Ocean Towage Agreements TOWCON and TOWHIRE on 15 May at the offices of ITC (International Transport Contractors Management BV) in Heemstede, The Netherlands.

The CRESTWAY is the second of two medium-sized 5,600m³ hoppers that Boskalis is having built. Her sister ship, the SHOREWAY, is currently under construction at IHC Beaver Dredgers in Sliedrecht, where she was launched on 17 April of this year.

MED Marine Group is not daunted by increased competition in the Turkish shipbuilding and repair market and is planning its fourth yard. The R. Hakan Sen-led group specialises in towage, pilotage, salvage/wreck removal, escort, chartering as well as shipbuilding.

LANDFALL Transport & Towage BV and Neptune Marine Services BV recently announced that they have joined forces to form a new company to undertake international deepsea towage and offshore services. The new Dutch International Towage Co BV will operate initially with the existing tug Soliman Reys as well as the Neptun 9 and Neptune Mariner.

Royal Boskalis Westminster NV chief executive officer Peter Berdowski said Thursday a bid for the entire Smit Internationale NV company is currently out of the question.