A range of workboat, tug and supply services will be provided to the expanding shipping activity in Milford Haven, Wales' largest port, and will provide a base for expansion throughout South Wales.

The new company will bring together the assets and business of Marine and Port Services, a trading division of the Milford Docks Company, with the operational management experience of Williams Shipping.

Andrew Brown for the Milford Docks Company said, 'The demand for marine services is increasing rapidly with the growth of shipping in the ports and will increase further with the proposed LNG terminal developments.'

Colin Williams added for Williams Shipping, 'Discussions between the two companies have been progressing over the last six months, culminating in today's announcement. We are delighted that we have reached an agreement which helps secure the future of our two businesses in a very competitive and fast moving market.'

MJ Information No: 19705