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Svitzer acquires Brazilian towage operator Transmar

Svitzer has entered the Brazilian towage market by taking a controlling stake in harbour towage operator Transmar Serviços Maritimos.

Operating in two ports and two oil basins from its head office in Rio de Janeiro, Transmar Servicos Maritimos comprises a fleet of 10 vessels and 74 employees. “Our ambition is to provide an outstanding high level of professional service and dedication to our clients,” said Tarik Darian, operations director of Transmar. “Joining forces with the biggest and best maritime service provider in the world makes this a reality.”

Svitzer ceo Robert Uggla described the acquisition as “a clear step towards Svitzer’s strategic objective of growing in new markets. Partnering with Transmar Servicos Maritimos combines strong local experience and knowledge with Svitzer’s expertise of reliable and safe global towage services.”

The advantage of the acquisition was the “sizeable pockets of underserved demand” in Brazil’s towage market, added Svitzer Americas md Martin Helweg. “It has the potential for growth and productivity improvements in both harbour towage and terminal towage segments.

Helweg added that Svitzer’s Brazilian division, soon to be renamed Svitzer Brazil and managed by md Dan Estebanez, would “establish a significant footprint in this emerging market, which is a testament of our confidence in this country and its untapped opportunities".

Posted 29 May 2015

© Copyright 2019 Seatrade (UBM (UK) Ltd). Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Seatrade.

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