Netherlands-based European harbour towage specialist Kotug Smit is to become part of the Spanish Boluda Corporacion Maritima group.
Established in 1837, Boluda has a fleet of around 250 tugs in 81 ports in Latin America, the Caribbean, Spain, France, Germany, the Indian Ocean and the west coast of Africa.
Kooren family-owned Kotug can trace its roots to the ownership of its first tug in 1911, but in its current form merged with …
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Source: The Loadstar