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PSA Marine buys Peruvian towage company Tramarsa Flota

Photo - PSA Marine Achieves Exciting Milestone with Acquisition of Tramarsa Flota.jpg
Singapore towage and pilotage company PSA Marine has moved into the Peruvian market with the acquisition of Tramarsa Flota.

PSA Marine, a subsidiary of global terminal operator PSA, signed the agreement to acquire 100% of Tramarsa Flota with Inversiones Piuranas and Grupo Piurano de Inversiones.

Lima-based Tramarsa Flota operates in 10 ports on the Peruvian coast and has fleet of 17 tugs, 23 launches and five dive support vessels. The company has a team of over 600 people.

Enrique Andres Tarazona Soria, will remain in the role of managing director of Tramarsa Flota following the acquisition.

Peter Chew, managing director of PSA Marine, said, “This strategic move will strengthen our international towage and pilotage network. This is an exciting milestone and I look forward to what we can deliver together as one company.”

Tramarsa Flota’s Soria commented: “We are committed to deliver only the best and maintain a strong foothold in our maritime operations along the Peruvian coastline. I will continue to lead Tramarsa Flota and would like to thank the Maritime Authority, the National Port Authority, port community, staff, customers, and key stakeholders for their continued support.”

PSA Marine operates in seven countries with a fleet of over 100 harbour craft.