Image: Boskalis
Royal Boskalis Westminster N.V. announced today that its subsidiary Smit Lamnalco will be expanding its presence in Australia through the acquisition of PB Towage from dry bulk shipper Pacific Basin Shipping Ltd.
PB Towage is Australia’s second-largest tug operator and as a result of this acquisition, Smit Lamnalco will acquire 17 harbor tugs and one barge bringing its total fleet in Australia to 29 vessels in 8 different ports.
Services include harbor towage, terminal and FPSO-related services.
Mats Berglund, CEO of Pacific Basin shipping notes shedding the PB Towage assets will allow his company to “enhance our focus on our cornerstone dry bulk business.”
Join the gCaptain Club for curated content, insider opinions, and vibrant community discussions.
Join the 110,084 members that receive our newsletter.
Have a news tip? Let us know.
Sweden’s Navy completed a survey of the seabed near one of the damaged data cables in the Baltic Sea as the Nordic country investigates potential sabotage against the underwater infrastructure.
A Russian Navy frigate equipped with new generation hypersonic cruise missiles has conducted drills in the English Channel and is carrying out tasks in the Atlantic Ocean, Russian news agencies reported on Tuesday.
(Bloomberg) — Chinese lawmakers got a head start on the US election this week as they gathered to vote on the largest fiscal package since the pandemic. But now that...
Access exclusive insights, engage in vibrant discussions, and gain perspectives from our CEO.
Sign Up
Maritime and offshore news trusted by our 110,084 members delivered daily straight to your inbox.
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up
Join The Club
