Sanmar Shipyards has handed over a new escort tug to the Greek joint venture SVS, the yard’s latest delivery in its relationship with Med Tugs, MarineLink reported on 20 October 2026.
The joint venture SVS comprises Vernicos Scafi, Spanopoulos and Lyboussakis, and the vessel is destined for operations at the Port of Piraeus. The report places the delivery squarely within the continuing commercial ties between Sanmar and Med Tugs.
The announcement does not disclose further technical particulars or the tug’s commercial name. Sanmar’s transfer of the vessel to SVS follows the partners’ stated plan to expand capabilities in Greek waters, according to the MarineLink item.
The delivery underlines an ongoing pattern of cooperation between a Turkish builder and Greek towage interests. Those ties have seen a succession of newbuilds and charters in recent years, and the latest handover reaffirms the commercial relationship between the parties.
Deployment in Piraeus
MarineLink reported that the tug will operate at the Port of Piraeus, one of Greece’s principal commercial gateways. The move locates the new unit amid the dense cluster of harbour services that support Athens and the wider Attica region.
The SVS structure, comprising Vernicos Scafi, Spanopoulos and Lyboussakis, brings together Greek towage and maritime service firms to manage local operations. The joint venture model has been used by Greek operators to pool resources and coordinate harbour and escort coverage.
Context for the delivery
The transfer to SVS is part of Med Tugs’ broader engagement with shipyards and operators across the Mediterranean, the report states. While specific commercial arrangements were not published, the handover will augment the available fleet resources in Piraeus under SVS direction.
No statements from the companies involved were included in the MarineLink summary. The report limits itself to the factual account of delivery and the institutional composition of SVS.
The transaction will be watched by local port stakeholders for any operational implications, particularly as ports continue to balance vessel calls, pilotage and towage demand. For now, the item stands as a straightforward record of one new escort tug entering Greek service via a regional joint venture.
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