Fairplay Towage and Multraship Launch JV in Antwerp

Thursday, September 18, 2008
Antwerp Towage NV, a 50/50 joint venture between Fairplay and Multraship will deploy Multratug 5, as well as Fairplay 22, Fairplay 17, and Multratug 10, providing a four-vessel fleet.

Fairplay Towage and Multraship have jointly launched a new company to provide towage services in .

Antwerp Towage NV, a 50/50 joint venture between Fairplay and Multraship, is the first new initiative launched by the two companies following the signing of an agreement in August this year by which Fairplay Towage took a 50 percent stake in Multraship.

The new company will have an office on the Tavenierkaai in and will provide shipowners and charterers with a responsive and efficient tug service in the river areas of the .

Fairplay and Multraship joined forces to create a platform to strengthen their strategic position and to expand their activities jointly. The Antwerp Towage initiative is confirmation that that strategy is working, and the two companies are delighted to be offering this new service.

The tugs deployed initially will be the Fairplay 22, Multratug 5, Fairplay 17, and Multratug 10, providing a four-vessel fleet serving the river areas of the . Eventually, there are plans to replace these tugs with newbuildings.

 

Maritime Reporter October 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

NAVCENT Commander Recognizes Journey of Hope Sailors

Commander, U.S. Naval Forces Central Command, U.S. 5th Fleet, Combined Maritime Forces, Vice Adm. John. W. Miller, recognized the accomplishments of three special-needs sailors from the Kuwaiti ship,

NYK Holds 8th Environmental Management Conference

NYK welcomed about 60 environmental supervisors from 47 NYK Group companies to the group’s annual Environmental Management Conference in Tokyo. NYK holds this

W&O, LESER Partner to Deliver Safety Relief Valves

W&O, a global supplier to the marine and upstream oil and gas markets for pipe, valves and fittings, valve automation and engineered solutions, has partnered with

 
 
Maritime Security Maritime Standards Naval Architecture Pipelines Pod Propulsion Ship Electronics Ship Repair Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2021 sec (5 req/sec)