Svitzer Bringing Its Tugs to Guangzhou Port

Image Courtesy: Svitzer

Copenhagen-based towage and salvage company Svitzer has signed a memorandum of understanding (MOU) with the Chinese Guangzhou Port Group to form a joint venture providing towage and related marine services for the port.

The joint venture would provide towage and related marine services within the Guangzhou port with three tugs ranging from 5200HP to 6800HP.

“Combining the strengths of Guangzhou Port and Svitzer is an important first step for further cooperation in China and abroad. Entering the world’s 5th largest port would be essential in Svitzer’s growth journey in Asia,” says Alan Bradley, Regional Managing Director of Asia.

“Signing an MOU with the intention of forming a joint venture is an important step towards providing advanced towage solutions at Guangzhou Port. With our increasing business development focus on the large and fast growing towage markets like Asia, it is clearly a step in the right direction towards our strategic objective of profitable growth,” Chief Commercial Officer, Kasper Friis Nilaus, said.

Svitzer covers some 40 countries with a fleet of more than 400 vessels.

The company was recently faced with a number of strikes held at various Australian ports due to its proposition of a single Enterprise Agreement (EA) for the next four years. The unions eventually agreed to Svitzer’s proposal, and the new agreement was sent for approval with the Fair Work Commission on January 22.

The strikes were held at Australia’s Eastern and Western ports of Sydney, Botany, Geelong, Newcastle, Brisbane, Adelaide, Melbourne, Fremantle and Kwinana, and prevented all coal carriers, fuel carriers, car importers and bulk container vessels from entering and leaving port.

Share this article

Follow World Maritime News

In Depth>

Events>

<< May 2017 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31 1 2 3 4

CWC World LNG & Gas Series: Americas Summit

Now in its 15th year, the CWC World LNG & Gas Series: Americas Summit is the longest running LNG event in the Americas region.

Bringing together the key players in the LNG & gas value chain in both the Americas region and globally, this is the perfect place to make new contacts, do deals and get essential updates on the market.

This year we return to Houston, TX once again on 20-23 June 2017 – the heart of the energy industry, making it easier than ever to access they key players in your business.

More info

read more >

Nor-Shipping 2017

Nor-Shipping is the leading maritime event week. Their top-quality exhibition, high-level conferences and prime networking opportunities…

read more >

2ND ANNUAL PORTS AND TERMINALS INSURANCE SEMINAR

DETAILED GUIDANCE ON HOW THE INSURANCE MARKET IS CHANGING, HOW RISKS ARE ASSESSED AND WHAT…

read more >

2ND ANNUAL ADVANCED CHARTERING MASTERCLASS

The Advanced Chartering Masterclass will focus on the particularly difficult issues in charterparty agreements and our experts will help you find solutions…

read more >