Milestones

The forerunner of Hongkong Salvage & Towage Company Limited was founded in Shanghai. The company moved to Hong Kong in the 1950s.

The tug fleet of Hongkong & Whampoa Dock Company Ltd and Taikoo Dockyard were combined to form Hongkong Salvage & Towage Company Limited, which was the largest tug company in Hong Kong.

Hongkong Salvage & Towage Company Limited became a division under Hongkong United Dockyards Limited ("HUD"), a joint venture of Hongkong Whampoa Dock Company Ltd and Taikoo Dockyard, and traded in the name of Hongkong Salvage & Towage.

Hong Kong Salvage & Towage is fully owned by members of the CK Hutchison Group as CK Hutchison Group acquired 100% interest in HUD.

Hongkong Salvage & Towage Services Limited is formed as a joint venture of members of CK Hutchison and Boluda Towage to take up salvage and towage operations and project management services being carried out by HUD or in the name of Hongkong Salvage to promote better services as well as to facilitate the future development of our salvage and towage operations in the region.

Launch of the Hong Kong first-ever dual fuel electric propulsion standby vessels "LNG SENTINEL I" and "LNG SENTINEL II