Maersk Group’s salvage and towage subsidiary Svitzer has entered the Malaysian market by establishing a joint venture with the local SVR Marine Services (M) Sdn Bhd.
Operating in Malaysia requires a local structure, and with the new joint venture, Svitzer says it is now ready to approach customers and participate in tenders.
“Malaysian market boasts an advanced LNG industry and expanding port operations,” said Lise Demant, Managing Director for Svitzer Asia.
”Our objective is to supply the Malaysian market with a new standard of towage under the Malaysian flag – providing ports world class towage. Two key priorities at Svitzer -safety and efficient operations – therefore provide for a valuable proposition to the customers in the Malaysian market.”
SVR Marine Services is a Malaysian company established in 2014. The company includes agency services for harbor and terminal towage.
“The entry of global player Svitzer in the Malaysia market marks the maturity and readiness of local marine-related industries including port operators and the oil & gas sector to opt for world-class towage solutions. With this joint venture, SVR Marine Services will be able to offer potential clients marine services backed by international experience and technology, whilst developing the local industry with our people-first approach,” said Abd Razak Ahmad Alkamal, Managing Director for SVR Marine Services (M) Sdn Bhd.