Ship&Offshore | Issue 02/2023
Boluda Towage acquires Smit Lamnalco
Tug Service | Boluda Towage, a division of Valencia-based Boluda Corporación Marítima, is to acquire Rotterdam-based Smit Lamnalco, the world’s fifth-largest towage operator with a fleet of 111 tugs operating in regions including Australia, the Middle East, and West Africa. The takeover, still subject to regulatory approval in several countries, will boost Boluda’s fleet to 600 tugs and provide it with an intervention capacity in 50 countries and 148 ports around the world, the company said. Smit Lamnalco, 50% owned by Boskalis Group and Rezayat Group, employs 1,600 people and has a broad customer base across the LNG, tanker and bulk carrier sectors....