Smit International

Last updated
Smit Internationale N.V.
Company type Wholly owned subsidiary
Industry Maritime services
Founded1842
Founder Fop Smit
Headquarters Rotterdam, Netherlands
Key people
Frank Verhoeven (Chairman)
Services Towage, salvage, transportation, heavy lifting vessels
Revenue 589.0 million (2009) [1]
€104.6 million (2009) [1]
€102.4 million (2009) [1]
Owner Royal Boskalis Westminster
Number of employees
3,620 (2009) [1]
Website www.smit.com
The first house flag House flag of L. Smit & Co (first design).svg
The first house flag
The second house flag, used in the 1960s. House flag of L. Smit & Co (second design).svg
The second house flag, used in the 1960s.
Taklift 7 has a lifting capacity of 1600 tons 2005-10-29, Stralsund, Hafen, Schwimmkran Taklift 7 am Hansakai.jpg
Taklift 7 has a lifting capacity of 1600 tons
Ocean going tug Smit Rotterdam arriving with tow at Rotterdam Smit Rotterdam.jpg
Ocean going tug Smit Rotterdam arriving with tow at Rotterdam
Harbour tug Smit Japan Smit Japan - IMO 8521464 p1 in the Calandcanal, Holland 08-Jul-2007.jpg
Harbour tug Smit Japan
Smit Panther has a 95t Bollard pull SMIT PANTHER (34350424531).jpg
Smit Panther has a 95t Bollard pull
Smit tugs in Liverpool port Liverpool docks 2018.jpg
Smit tugs in Liverpool port

Smit Internationale N.V. (or Smit International) is a Dutch company operating in the maritime sector. The company was founded in 1842 by Fop Smit as a towage company with only the 140 horsepower paddle steamer tug Kinderdijk. Fop's sons, Jan and Leendert, continued the company under the name L. Smit & Co and expanded the fleet. In 1870, they began using tugs with propellers. After a merger in 1923 with Internationale Sleepdienst, the name was changed to "L. Smit & Co.'s Internationale Sleepdienst". Formerly listed at the NYSE Euronext stock exchange in Amsterdam, the company was fully acquired by Royal Boskalis Westminster in 2010. [3]

Contents

Takeover

Dutch marine engineer Boskalis made an indicative €1.11 billion takeover offer for Smit on 15 September 2008. [4] Despite the offer being promptly rejected by Smit's board, Boskalis subsequently built a stake of over 25% in the firm [5] and expressed a continuing desire to buy a number of its business units. [6] A revised offer from Boskalis of €1.35 billion, coupled with a pledge to retain the Smit name and its distinct operations, was accepted by the firm's board in January 2010, with Boskalis declaring its offer unconditional that March having reached share ownership of 90%. [7] Smit's shares were delisted from the Amsterdam Stock Exchange on 4 May 2010. [8]

Corporate structure

The company consist of four divisions, in order of revenue:

For larger (salvaging) projects the company often uses joint-ventures or combinations. An example of this is Combinatie Berging Tricolor (Dutch for Combination Salvaging Tricolor) which was created solely for the lifting of the MV Tricolor. A similar multi-firm arrangement was made for the 2013-2014 salvage of the Costa Concordia passenger cruise ship.

Fleet list

As of March 1, 2009, Smit (with its daughter companies and the joint ventures that it controls) has a fleet of 408 ships. [9]

Type of vessel
details on power, tonnage etc.
Harbour TowageTerminalsTransport &
Heavy Lift
Total [9]
Ocean-going tug
14000-26000 hp
33
Ocean-going tug
6140 hp
11
Anchor handling tugs
10000-15000 hp
224
Anchor handling tugs
8000 hp
246
Anchor handling tugs
3000-8000 hp
12021
Diving support vessel 22
Utility vessels55
Floating sheerlegs
seagoing, 3200 tonnes
11
Floating sheerlegs
seagoing, <3200 tonnes
88
Pulling barges 22
Seagoing barges
24000 tonnes
33
Seagoing barges
1000-14000 tonnes
213
Seagoing barges
1000-8000 tonnes
101929
Inland barges
100-2000 tonnes
282654
Coastal/harbour tugs
3000-6000 hp
109312142
Coastal/harbour tugs
1000-3000 hp
374243
Harbour/river tugs
100-1000 hp
92112
Harbour/river pusher tugs
480-2800 hp
55
Various vessels
work-vessels, oil containment vessels etc.
17182938
Total fleet21360135480

High profile operations

Its marine salvage division was involved in several high-profile salvage operations, including: [10]

They have also partnered with the French firm JLMD System to support preinstalled fast oil recovery systems, which assure quick reliable oil removal in the event of a shipping accident.

Related Research Articles

MV Tricolor was a 50,000 tonne Norwegian-flagged vehicle carrier built in 1987, notable for having been involved in three English Channel collisions within a fortnight.

<span class="mw-page-title-main">Salvage tug</span> Specialized type of tugboat

A salvage tug, known also historically as a wrecking tug, is a specialized type of tugboat that is used to rescue ships that are in distress or in danger of sinking, or to salvage ships that have already sunk or run aground.

<i>Empire Sandy</i> Tall ship built in 1943

Empire Sandy is a tall ship providing chartered tours for the public from Toronto, Canada. She was built as an Englishman/Larch Deep Sea-class tugboat for war service by the British government in 1943. After the end of World War II she was renamed Ashford and then Chris M before reverting to the original name of Empire Sandy and being converted to a schooner.

Mighty Servant 3 Semisubmersible heavy-lift ship

Mighty Servant 3 is a 27,000-ton semi-submersible heavy lift ship. Its deck is 40 by 140 m. The vessel was built in 1984 by Oshima Shipbuilding Co. Ltd. in Ōshima, Japan, for Dutch shipping firm Wijsmuller Transport, which merged in 1993 with Dock Express Shipping to become Breda-based offshore heavy lifting group Dockwise Shipping B.V.

MV <i>New Flame</i>

MV New Flame was a Panamanian bulk-carrier cargo ship. It collided with an oil tanker off Europa Point, the southernmost tip of Gibraltar on 12 August 2007, and ended up partially submerged in the Strait of Gibraltar. The vessel broke into two in December 2007 amid numerous unsuccessful recovery efforts. The cargo was salvaged and the stern section removed for scrap. Following the crew's rescue, the captain was arrested for having departed without authorisation. Charges of endangering shipping were later dropped.

<span class="mw-page-title-main">Boskalis</span> Dutch dredging and heavylift company

Boskalis Westminster N.V. is a Dutch dredging and heavylift company that provides services relating to the construction and maintenance of maritime infrastructure internationally. The company has one of the world's largest dredging fleets, a large stake in Smit International and owns Dockwise, a large heavylift shipping company.

<span class="mw-page-title-main">Fop Smit</span> Dutch businessman (1777–1866)

Fop Smit was a Dutch naval architect, shipbuilder, and shipowner. He founded the towage and salvage company L. Smit & Co that is now part of Smit International. His shipyard had a number of "firsts" in shipbuilding and produced a number of famous vessels.

<span class="mw-page-title-main">Emergency tow vessel</span> Type of ship used for towing disabled vessels across high seas to safe waters

An emergency tow vessel, also called emergency towing vessel, (ETV) is a multi purpose boat used by state authorities to tow disabled vessels on high seas in order to prevent dangers to man and environment. The disabled vessel is either towed to a safe haven or kept in place against wind and current until commercial assistance by tug boats has arrived on site or until it has been repaired to the extent of being able to manoeuvre on its own. The need for ETVs as a preventive measure has arisen since the number of available commercial salvage tugs was reduced while potential dangers from individual vessels have increased. E.g. Spain has fourteen, Turkey has eleven, Germany operates eight, Norway has seven, France has five, Sweden three and the Netherlands, Poland, South Africa, Iceland and Finland each have one official emergency tug boat. Australia also operates emergency response vessels. The United Kingdom's four strong ETV fleet was to be disbanded in September 2011 due to budget cuts but the two vessels operating in Scottish waters received an extension of contract until the end of 2011.

<span class="mw-page-title-main">Floating sheerleg</span> Floating water vessel with a crane built on shear legs

A floating sheerleg is a floating water vessel with a crane built on shear legs. Unlike other types of crane vessel, it is not capable of rotating its crane independently of its hull.

Dockwise was a Netherlands-based holding company in the marine transport industry. It was acquired by Boskalis in 2013 and was merged into the Boskalis brand name in 2018.

MV <i>Solo</i>

The MV Solo was a Greenpeace ship from 1990 to 1995, originally built in 1977 as an ocean tug called the Smit Houston. Greenpeace updated the ship with a helipad as well as veterinary and laboratory facilities. In 1995 she was chartered by a company working with the Dutch Ministry of Transport, Public Works and Water Management for use as a salvage vessel. At this time the ship was renamed as the ETV Waker. On 7 September 2009, a fire starting in the engine room so seriously damaged the vessel that she was scrapped.

ST <i>Cervia</i>

ST Cervia was built in 1946 as a seagoing tug for use as a fleet auxiliary by Alexandra Hall & Company Ltd of Aberdeen, Scotland. Today she is a floating Museum still undergoing restoration in Ramsgate, Kent.

<i>Costa Concordia</i> disaster 2012 cruise ship sinking off the Italian coast

On 13 January 2012, the seven-year-old Costa Cruises vessel Costa Concordia was on the first leg of a cruise around the Mediterranean Sea when she deviated from her planned route at Isola del Giglio, Tuscany, sailed closer to the island, and struck a rock formation on the sea floor. This caused the ship to list and then to partially sink, landing unevenly on an underwater ledge. Although a six-hour rescue effort brought most of the passengers ashore, 33 people died: 27 passengers, five crew, and, later, a member of the salvage team.

MV <i>Baltic Ace</i> Bahamian-flagged car carrier

MV Baltic Ace was a Bahamian-flagged car carrier, that sank in the North Sea on 5 December 2012 after a collision with the Cyprus-registered container ship Corvus J. Built by Stocznia Gdynia in Poland, the ship had been in service since 2007.

BOKA Vanguard Semisubmersible heavy-lift ship

BOKA Vanguard is a semisubmersible heavy-lift ship owned and operated by Dockwise B.V. Dockwise Vanguard is the largest vessel of her type ever built, and is able to carry cargoes up to 110,000 tonnes. Dockwise Vanguard was designed to move offshore oil and gas facilities, but can also carry other ships and act as an offshore dry-dock facility.

SS London Valour was a British merchant ship belonging to London & Overseas Freighters (LOF). She was built as an oil tanker in England in 1956 and converted into a bulk carrier in Italy in 1966. She was wrecked in a gale just outside the Port of Genoa in 1970, resulting in the deaths of 20 of the 58 people aboard.

<span class="mw-page-title-main">Parbuckle salvage</span> Righting of a sunken vessel using rotational leverage

Parbuckle salvage, or parbuckling, is the righting of a sunken vessel using rotational leverage. A common operation with smaller watercraft, parbuckling is also employed to right large vessels. In 1943, the USS Oklahoma was rotated nearly 180 degrees to upright after being sunk in the attack on Pearl Harbor, and the Italian cruise ship Costa Concordia was successfully parbuckled off the west coast of Italy in September 2013, the largest salvage operation of that kind to date.

<span class="mw-page-title-main">2021 Suez Canal obstruction</span> Maritime incident caused by grounded vessel

In March 2021, the Suez Canal was blocked for six days by the Ever Given, a container ship that had run aground in the canal. The 400-metre-long (1,300 ft), 224,000-ton, 20,000 TEU vessel was buffeted by strong winds on the morning of 23 March, and ended up wedged across the waterway with its bow and stern stuck on opposite canal banks, blocking all traffic until it could be freed. Egyptian authorities said that "technical or human errors" may have also been involved. The obstruction occurred south of the two-channel section of the canal, so there was no way around it for other ships. The Suez Canal Authority (SCA) engaged Boskalis through its subsidiary Smit International to manage marine salvage operations. The blockage of one of the world's busiest trade routes significantly slowed down trade between Europe, Asia and the Middle East.

<span class="mw-page-title-main">L. Smit en Zoon</span> Dutch shipbuilding company (1791–1965)

L. Smit en Zoon previously known as Fop Smit, was a Dutch shipbuilding company located in Kinderdijk. Its successor is now part of Royal IHC.

MV <i>Fremantle Highway</i> Ro-ro cargo ship burning in 2023 off the coast of the Netherlands

MV Fremantle Highway is a car carrier owned by the Japanese tonnage provider Shoei Kisen Kaisha, while the vessel is technically managed by Wallem Shipmanagement Japanese and operated by "K"-Line. Fremantle Highway is Panamanian-flagged.

References

  1. 1 2 3 4 "Annual Report 2009" (PDF). Smit International. Archived from the original (PDF) on 2011-07-17. Retrieved 2010-05-07.
  2. "Archived copy" (PDF). Archived from the original (PDF) on 2014-10-24. Retrieved 2015-02-24.{{cite web}}: CS1 maint: archived copy as title (link)
  3. "Smit's World-History". Archived from the original on 8 February 2012. Retrieved 4 October 2011.
  4. Kreijger, Gilbert; ten Wolde, Harro (15 September 2008). "Boskalis plans 1.1 bln euro bid for Smit". Reuters . Retrieved 1 October 2010.
  5. Gray-Block, Aaron (2 February 2009). "Boskalis ups stake in Smit, could buy more shares". Reuters . Retrieved 2009-05-30.
  6. van Tartwijk, Maarten (14 May 2009). "Boskalis CEO: Ambition To Buy Several Smit Units". Dow Jones Newswires . The Wall Street Journal . Retrieved 2009-05-30.[ dead link ]
  7. Roumeliotis, Greg (27 March 2010). "Boskalis clears Smit takeover milestone". Reuters . Retrieved 29 March 2010.
  8. "Application made for delisting Smit" (Press release). Boskalis. 7 April 2010. Retrieved 7 May 2010.[ permanent dead link ]
  9. 1 2 Official Fleetlist per 1 March, 2009 Archived 2011-11-11 at the Wayback Machine as published on companies website, retrieved 12 February 2012
  10. Smit's website on Salvage projects Archived 2007-06-13 at the Wayback Machine , visited 12 February 2012
  11. Gatti, Carlo (April 2010). "The running aground and the shipwreck of the British cargo ship "London Valour"". Societa' Capitani e Macchinisti Navali – Camogli. Retrieved 11 April 2013.
  12. "Elite Salvage Team Expected to Clear Up Suez in 5 to 6 days". 25 Mar 2021.