Svitzer Enters Brazilian Towage Market

Business & Finance

Maersk’s towage business arm Svitzer has taken a controlling stake in Brazilian towage operator Transmar Servicios Maritimos thus entering the Brazilian market for the first time within its strategic objective of growing emerging markets.

“Brazilian towage market features sizeable pockets of underserved demand and it has the potential for growth and productivity improvements in both, the harbour towage and terminal towage segments. Our Brazilian division, soon to be renamed Svitzer Brazil, will establish a significant footprint in this emerging market, which is a testament of our confidence in this country and its untapped opportunities,” says Martin Helweg, Managing Director of Svitzer Americas.

Rio de Janeiro-based Transmar Servicos Maritimos operates in 2 ports and 2 oil basins, has a fleet of 10 vessels and 74 employees.

Transmar provides maritime support services to harbour and offshore clients along the entire Brazilian coast.

“Our ambition is to provide an outstanding high level of professional service and dedication to our clients; Joining forces with the biggest and best maritime service provider in the world, makes this a reality,” says Tarik Darian, Operations Director of Transmar.