KOTUG International B.V. has released a statement claiming that it has successfully formed a joint venture (JV) with Royal Boskalis Westminster N.V. for their European harbour towage operations.
The JV will be named KOTUG SMIT TOWAGE (SMIT being the subsidiary of Boskalis that will be involved in the operations) and will have a fleet of 65 tugboats. It will operate in 11 ports in the UK, Belgium and Germany.
Ard-Jan Kooren, the CEO of KOTUG, said: “The combined operation allows us to meet the increasing demands of the maritime industry in order to supply our clients with an even higher level of efficiency and port call optimisation in Europe.
“By drawing on a combined track record over 350 years of experience and knowledge in the maritime industry and with a passionate workforce, the joint venture will further strengthen its high quality towage services. In this consolidating market KOTUG SMIT TOWAGE is able to offer competitive services against the highest operational and safety standards within the industry.”
Edited from press release by David Rowlands
Read the article online at: https://www.lngindustry.com/lng-shipping/08042016/kotug-and-boskalis-form-jv-for-european-harbour-towage-operations-2250/