Kotug mooring acquisition

Marsol specialises in offshore single point mooring (SPM) buoy terminals and related infrastructure.

The acquisition is a strategic addition to Kotug’s portfolio in the worldwide offshore industry, and will strengthen Kotug’s position in the maritime services industry in the Middle East.

The core business of Marsol is integrity management based commercial and technical marine service solutions for SPM & offshore terminals. Over the years Marsol’s management has operated on 32 offshore marine terminals in more than 20 countries. Marsol’s operational headquarters are based in Dubai.

Ard-Jan Kooren, CEO Kotug International: “Although we find ourselves in exceptionally challenging times, Kotug is committed to continue to strengthen and expand her worldwide activities. The integration of Marsol services will allow us to enter the Middle East market and add substantial value to our broad portfolio of services to our global customers. I would like to thank Mike Young, founder and owner of Marsol, who has established a reputable company with high quality services to their clients, with a great team of skilled people.

By Jake Frith