MSC to acquire 49% stake in Boluda Towage

The saga of MSC increasing its stake in Boluda Towage, the tug division of Boluda Corporación Marítima, continues.

According to the latest reports, the Swiss-Italian shipping giant is set to acquire a 49% stake in Boluda Towage. As part of the deal, MSC will merge its own tug division, MedTug, with Boluda, according to the latest DynaLiners report.

Pending regulatory approval, the deal is expected to be finalized in April or May.

MSC had already secured a 7% stake in Boluda Towage in 2023,...

https://container-news.com/msc-to-acquire-49-stake-in-boluda-towage/

Boluda buys Finnish harbour towage and icebreaker firm

Global towing services provider Boluda Towage has announced the acquisition of Yxpila Hinaus-Bogsering (YHB), a family-owned company that started operating more than 40 years ago in the Finnish port of Kokkola, providing harbour towage and icebreaking services.

YHB will add to Boluda Towage its experience at the forefront of towing operations in the extreme conditions of the Baltic, where ice and low temperatures require knowledge and expertise of expert crews to perform maneuvers safely and...

https://container-news.com/boluda-buys-finnish-harbour-towage-and-icebreaker-firm/

Boluda Towage enhances its fleet in Gibraltar

Boluda Towage said it will have a fleet of five tugboats in Gibraltar, enhancing its service and intervention capacity in the strait.

The recent renaming ceremony for the new tugboat “VB Responder” was held at the Small Boats Marina in the port of Gibraltar, enhancing the current fleet of Boluda Towage in the Strait of Gibraltar.

The event was attended by the chief minister, Fabian Picardo KC MP, Gemma Arias-Vasquez MP, the president of Boluda Corporación Marítima, Vicente Boluda Fos, executive...

https://container-news.com/boluda-towage-enhances-its-fleet-in-gibraltar/

Boluda Towage expands presence in France with acquisition of Les Abeilles

With a heritage spanning over 150 years, Les Abeilles was established in 1864 and stands as a leading company in the French maritime sector, entrusted by the Marine Nationale for swift response rescue and anti-pollution interventions.

Over the past two decades, the company has successfully conducted more than 200 maritime rescue operations. Bringing its extensive experience to Boluda Towage, Les Abeilles aims to enhance efficiency, safety, and responsiveness in emergency manoeuvres.

Expanding its...

https://container-news.com/boluda-towage-expands-presence-in-france-with-acquisition-of-les-abeilles/

Boluda Towage back on the acquisition trail

The Boluda Towage division of Madrid headquartered Boluda Corporación continues on the acquisition trail. In February of this year it announced deals to acquire, first, the Gibraltar operations of Fort Lauderdale, Fla., headquartered Resolve Marine, then later that month, Netherlands-headquartered Smit Lamnalco. Last week it reported that it has now signed an agreement that will see it acquire Hessle, U.K., based SMS Towage Ltd.

Under the agreement, family-owned Boluda will take over SMS’s...

https://www.marinelog.com/inland-coastal/coastal/boluda-towage-back-on-the-acquisition-trail/

Boluda Towage enhances its fleet with acquisition of Resolve Salvage and Fire

Boluda Towage, a division of Boluda Corporación Marítima specializing in port, coastal, and offshore towage, as well as maritime salvage, has acquired Resolve Salvage and Fire (Gibraltar).

This acquisition marks another step in Boluda Towage’s international expansion efforts, particularly in the crucial maritime transport hub of the Strait of Gibraltar, connecting the Atlantic to the Indian Ocean via the Mediterranean Sea.

Resolve Salvage and Fire, previously owned by Resolve Marine Group, boasts...

https://container-news.com/boluda-towage-enhances-its-fleet-with-acquisition-of-resolve-salvage-and-fire/

Boluda Towage launches operations at Abu Qir Container Terminal in Egypt

In January 2024, Boluda Towage initiated towage operations at Abu Qir’s Container Terminal in Egypt, deploying three tugs.

The first container vessel that was operated by Boluda Towage’s tugs VB Amon and VB Horus was the 2002-built, 4,367 TEU Zhong Gu Ji Lin on 9 January. Subsequently, on 12 January, the tugs assisted the arrival of a second container vessel, Mao Gang Shanghai into the port.

“Abu Qir is a port in full motion, and the port developments perfectly fit with the ambitions of the...

https://container-news.com/boluda-towage-launches-operations-at-abu-qir-container-terminal-in-egypt/

COLUMN | Calm down: Nigeria goes to the polls as Heroic Idun crew face delays; asset flippers are back, literally; PX121s change hands at higher prices; Telford and Smit Lamnalco sold; Bourbon and Horizon tie up [Offshore Accounts]

Nigerian singer-songwriter Rema is currently soaring high in the charts with his smash song Calm Down (here). Since last weekend was Nigerian presidential election weeken ..

The post COLUMN | Calm down: Nigeria goes to the polls as Heroic Idun crew face delays; asset flippers are back, literally;...

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-calm-down-nigeria-goes-to-the-polls-as-heroic-idun-crew-face-delays-asset-flippers-are-back-literally-px121s-change-hands-at-higher-prices-telford-and-smit-lamnalco-sold-bourbon-and-hor/

Boluda expands towage business with Smit Lamnalco acquisition

Spanish marine services company Boluda Corporacion Maritima, through its Boluda Towage division, has entered into an agreement to acquire Netherlands-based towage operato ..

The post Boluda expands towage business with Smit Lamnalco acquisition appeared first on Baird Maritime.

https://www.bairdmaritime.com/work-boat-world/tug-and-salvage-world/harbour-tugs-and-operation/boluda-expands-towage-business-with-smit-lamnalco-acquisition/

Boluda Corporación Marítima to acquire Smil Lamnalco

Boluda Corporación Marítima will buy Smit Lamnalco (SL), the world’s fifth-largest towage operator, through its Boluda Towage business.

With a fleet of 600 tugboats and an intervention capacity in 50 countries and 148 ports around the world, SL will allow Boluda Corporación Marítima to increase its presence in critical areas such as Australia, Middle East, and West Africa.

Boskalis Group and Rezayat Group each own 50% of the Dutch business Smit Lamnalco. It employs around 1,600 people and has 111...

https://container-news.com/boluda-corporacion-maritima-to-acquire-smil-lamnalco/