Chile-headquartered tug owner is investing in electric tugboats as part of its ambitions to cut emissions from the fleet
SAAM Towage has developed a sustainability strategy for the rest of this decade with action plans to reduce its environmental footprint.
The Chile-based tugboat owner has committed to four areas of action as part of its five-year sustainability strategy and has formalised its work to mitigate emissions from its operations with a sustainable programme lasting to 2030.
"Our goal is to become a leading global operator in the towage business," said SAAM chief executive Macario Valdés. "Sustainability is a key component of our management and with this renewed strategy we are making concrete commitments to operate profitably and sustainably over time."
SAAM’s strategy has four pillars: reportability and risk management; people and social engagement; environment and climate action; and sustainable development and projects. The tug owner said these pillars align with the standards of IMO, the UN Sustainable Development Goals (SDG) and the standards proposed by the Dow Jones Sustainability Index (DJSI).
The company’s governance plan will be led by its board of directors and senior executives, who are tasked with ensuring compliance with the proposed objectives, SAAM said. The goals established for 2030 include training 100% of onboard personnel under the SAAM Towage curriculum; having 10% sustainable-propulsion tugs in the fleet and neutralizing 65% of greenhouse gas (GHG) emissions through reduction and offsetting initiatives with 2021 as a baseline; and certifying all operations under quality and environmental management standards.
SAAM already operates two battery-electric tugboats in western Canada and has plans to deploy more in its Latin American operations, particularly in Chile.
"The strategy is already reporting progress," said SAAM. "For example, thanks to two electric tugs added to the Canadian fleet and several emissions reduction initiatives, the fleet reduced its CO2 emissions by 5,000 metric tons in 2024.
"Additionally, SAAM’s Chilean fleet will start operating the first electric tugboat in Latin America in 2025."
Thanks to its sustainability efforts, SAAM has been listed on the DJSI Chile for eight consecutive years and has also been included on the MILA Pacific Alliance Select.
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