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 March 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Shipping Confidence Hits 2.5 Year Low

Overall confidence levels in the shipping industry fell to their lowest level for two-and-a-half years in February 2015, according to the latest Shipping Confidence

U.S. DoI Upholds 2008 Shell Arctic Lease

The U.S. Interior Department on Tuesday upheld a 2008 lease sale in the Chukchi Sea off Alaska, moving Royal Dutch Shell a step closer to returning to oil and gas

All American Marine Delivers Ferry to Seattle

All American Marine, Inc. (AAM) today announced the delivery of a new passenger ferry that will serve the city of Seattle.    The vessel, MV Sally Fox, was dedicated

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Naval Architecture Pod Propulsion Salvage Ship Repair Shipbuilding / Vessel Construction 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: 0.7418 sec (1 req/sec)