This summer Michiel Wijsmuller, supported by two managers, purchased two of the Svitzer Wijsmuller operating companies, Wijsmuller Engineering BV and Marman Chartering & Brokerage BV. The two companies now continue to offer their services independently under the WorldWise Marine name from a base in Ijmuiden. Worldwise Marine Engineering BV specialises in the design of craft such as tugs and supply vessels while also delivering support for complicated salvage operations.

Worldwise Marine Brokers BV is active in the selling, purchasing and chartering of tugs and other vessels. The new company's primary short-term focus is to offer services to the international towage and salvage industries, with the possibility of further expansion into the offshore and dredging sectors. WorldWise Marine maintains links to Svitzer Wijsmuller through a number of long-term contracts.

MJ Information No: 17609