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30 June 2022 The on-line newspaper devoted to the world of transports 02:46 GMT+2

May 24, 2022

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Original news
MPA has approved the acquisition of Keppel Smit Towage by Mediterranean Towers

The deal will be completed by the end of June.

The Maritime and Port Authority of Singapore has approved the acquisition of Keppel Smit Towage by Tugchiatori Mediterranean, a company controlled by Towchiers and participated by DWS of the Deutsche Bank Group, which the company said. totality of the port-trailer activities in Italy and abroad ( of the November 15 2021). Tugchiatori Gathered said the operation, together with the acquisition of Maju Maritime, will make Mediterranean tugboats the world's third largest port truck operator with a fleet of more than 160 tugs operating in three different continents (South America, Europe and Asia) and over 1,400 personnel. The closing of the two acquisitions is expected by the end of next month.

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