The Panama Canal Authority has awarded Astilleros Armon of Spain a $158.3m contract to build 14 new tugs.
The contract includes construction, testing and delivery of 14 70t tractor-type tugs to be used for assisting larger vessels with transit operations, anchoring and other manoeuvres in the Panama Canal.
Nominations are now closed for the Ship Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.
Excellence in Action Dual winner of the 2025 Ship Technology Excellence Awards, Flyability’s Elios 3 UT drone is redefining ship inspections. See how class-approved LiDAR and UT data, collision-tolerant design and digital twins are replacing scaffolding and rope access with faster, safer remote inspection workflows.