This Week in the Herald – new tugs

this week I talk about Horizon Maritime’s Joint venture with KOTUG, and Nolhan Ava’s new run to Agentia NL.

The New tug venture is proving mysterious – As I mentioned in the article, existing markets are dominated by incumbents. One Industry source contacted me this morning and suggested that they may be setting up to provide services for the Goldboro LNG Export Facility -positing that they would only have success at a new terminal.

Another thought along those lines is that the firm exists on paper to collect a retainer as a service provider to one of the container terminals proposed for Sydney, or the Straight of Canso. time will tell.

Nolhan Ava with a full load of new containers, 2016

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