Boluda Towage has taken a significant step forward in its global expansion strategy with the acquisition of the towage and salvage operations of Dutch company Royal Boskalis in Australia and Papua New Guinea

Valued at US$640 million, the acquisition firmly cements Boluda’s position as a global leader in maritime towage, expanding its operational footprint across five continents and enhancing its reach to over 232 ports worldwide.

With a fleet of more than 850 vessels, Boluda now operates the largest and most powerful fleet in the industry.