Fairplay Towage and URS Order Tugs from Spain

Hamburg based tug owner Fairplay Towage and their Belgian associate company URS have placed an order for four new tugs with Astilleros Armon in Spain. Two of the vessels, due for delivery in February and August 2007 will be used primarily in Hamburg and Rotterdam and two identical sisters will join the URS fleet in the port of Zeebrugge. Fairplay Towage has a 50 percent holding in URS.

Hamburg based tug owner Fairplay Towage and their Belgian associate company URS have placed an order for four new tugs with Astilleros Armon in Spain. Two of the vessels, due for delivery in February and August 2007 will be used primarily in Hamburg and Rotterdam and two identical sisters will join the URS fleet in the port of Zeebrugge. Fairplay Towage has a 50 percent holding in URS.