Svitzer and Guangzhou Port team up in towage

Svitzer and Guangzhou Port team up in towage

Svitzer has signed an memorandum of understanding (MoU) with Guangzhou Port Group that would create a towage and marine services joint venture at the world’s world’s fifth largest port.

If the joint venture is formed, the entity would provide towage with three tugs ranging from 5200HP to 6800HP, said Svitzer.

Alan Bradley, Svitzer’s regional managing director of Asia, said the joint venture would be “essential in Svitzer’s growth journey in Asia”. The port sees over 100 vessels calling every day.

“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,” added Kasper Friis Nilaus, Svitzer’s chief commercial officer.

Holly Birkett

Holly is Splash's Online Editor and correspondent for the UK and Mediterranean. She has been a maritime journalist since 2010, and has written for and edited several trade publications. She is currently studying for membership of the Institute of Chartered Shipbrokers. In 2013, Holly won the Seahorse Club's Social Media Journalist of the Year award. She is currently based in London.

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