Independent journal on economy and transport policy
13:50 GMT+2
This page has been automatically translated by Original news
The negotiations between Boskalis and SAAM for the activities of towing in America lead in an agreement
, One for the Brazilian market and the other for Panama hat, Canada and Mexico will be constituted two joint venture
April 12, 2013
The negotiations in existence for a long time between the Dutch group Royal Boskalis Westminster and the South American Agencia Aéreas y Marítimas (SAAM), Chilean society been detached by shipowning group CSAV at the beginning last year, for the fusion of the respective activities of towing operated in the continent American have led in the subscription of a memorandum of understanding ( on January 12, 2012 and on 10 November and 5 Decembers 2011).
The understanding, than for the Boskalis group regards branch SMIT, previews the constitution of joint venture participated from SMIT with 51% and SAAM with 49% that will realize activity of towing in the Brazilian market. The new society will have a fleet of 41 tugs. Moreover the agreement previews the second constitution of joint venture of which SAAM it will stop 51% and SMIT 49% that will carry out activity of towing to Panama hat and in Canada through the SMIT and Mexico through the SAAM. Second joint venture will have a fleet of 55 tugs.
The understanding previews that SMIT and SAAM contribute to two joint venture with asset of comparable total value.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher