MED TUGS Solidifies Greek Market Leadership with €21 Million Strategic Newbuilding Order at Sanmar Shipyards

PIRAEUS, GREECE – MED TUGS (Vernicos Scafi, Spanopoulos, Lyboussakis)

The premier Greek towage and salvage consortium, is proud to announce a significant €21 million investment for the construction of two state-of-the-art tugboats at the worldrenowned Sanmar Shipyards.

This strategic move reinforces the market position of the MED TUGS (Vernicos Scafi, Spanopoulos, Lybousakis) consortium. With this latest order, the combined fleet reaches a formidable 43 high-specification salvage and terminal tugs, of which 7 are modern newbuildings.

Unrivaled Infrastructure & Strategic Vision 2029

MED TUGS (Vernicos Scafi, Spanopoulos, Lybousakis) currently provides essential ship-handling and safety services across almost all ports in Greece and serves all domestic refineries. This expansion is a key step toward the consortium’s long-term goal: to have 10 high-spec newbuildings on the water by 2029, featuring similar or even superior specifications to the current order.

Vessel Specifications & Delivery Timeline

The contract with Sanmar Shipyards, a global leader in high-quality specialized vessel construction, includes two advanced designs from the naval architects at Robert Allan Ltd.:

• RAstar 2900SX (Bigaçay Series): Featuring an 83-tonne bollard pull, thishigh-performance ASD tug is designed for prompt delivery in September 2026.

•  Kocaçay 3200SX Series: Boasting a powerful 90-tonne bollard pull, this vessel is engineered for the most demanding terminal and escort operations, with deliver scheduled for September 2027.

“This €21 million investment reflects our commitment to the safety and efficiency of Greek maritime infrastructure,” stated the MED TUGS (Vernicos Scafi, Spanopoulos, Lybousakis) Board. “By serving every refinery and nearly every port in the country, we have a responsibility to lead. Our path to 10 newbuildings by 2029 ensuresthat we remain the most reliable and technologically advanced partner for the world’s largest vessels and energy terminals.”

Human Rights & Labor Standards

Commitment Against Discrimination

Our company is committed to providing a workplace where every individual is treated with dignity, fairness, and respect. We strictly prohibit any form of discrimination based on race, gender, age, nationality, religion, disability, sexual orientation, or any other personal characteristic. All employment decisions—including hiring, promotion, compensation, and training—are based solely on merit, qualifications, and performance.

Zero Tolerance for Child Labor

We maintain a zero-tolerance policy toward child labor in all our operations and throughout our supply chain. We comply fully with international labor standards and local regulations regarding the minimum working age. We work only with partners and suppliers who share this commitment and can demonstrate adherence to ethical employment practices.

Prohibition of Forced or Compulsory Labor

Our company does not engage in, support, or tolerate any form of forced labor, bonded labor, human trafficking, or involuntary work. All employees work freely and are entitled to fair wages, safe working conditions, and the right to terminate their employment according to local laws. We also expect all suppliers and contractors to uphold these principles and undergo assessment when required.

ACQUISITION ANNOUNCEMENT OF A 60tBP TUG

We are pleased to announce the purchase of the powerful twin-screw tug "LYBOUSSAKIS TAXIARCHIS" , built 2011 with Fifi 1/2 and full AHT equipment, which will soon arrive in Piraeus, Greece, in order to join our fleet and be part of the biggest consortium one of the biggest in Europe “MED TUGS”. We want to wish her and her crew fair seas and following winds. Welcome!

Lyboussakis Taxiarchis