Independent journal on economy and transport policy
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Al via joint venture Boskalis - SAAM that work activity of harbor tug in the continent American
Initially a fleet of 42 tugs in the Brazilian ports is employed. Successively the operations will be extended to Mexico, Canada and Panama
July 2, 2014
The Dutch group Royal Boskalis Westminster and Chilean group SAAM have announced today the operating start of the activities of harbor tug in the continent American that are realized through SAAM SMIT Towage (SST), first joint venture joint between the SMIT (society integrally controlled from Boskalis) and the SAAM (integrally controlled from the Sociedad Matriz SAAM) rather than participated respective with 51% and 49% as expected previously ( on January 12, 2012, 10 November and 5 Decembers 2011, 12 April 2013
Initially the scope of first joint venture 50:50 is the Brazilian harbour market, where already they operate is the SMIT that the SAAM. Joint venture has a fleet of 42 tugs employed in the main Brazilian ports, between which Rio Grande, Itajai, Santos and Salvador. Successively the combined activity, with the second constitution of joint venture that will raise to 100 tugs the total consistency of the fleet, will be extended to Mexico, Canada and Panama.
Second joint venture, that it will be controlled with 51% from the SAAM and that she with denomination SAAM SMIT Towage will operate also, will realize services of towing with a total fleet of 58 means to Panama hat (Manzanillo, Balboa, Colon Container Terminal) and in Canada (Prince Rupert and Vancouver) through fleet SMIT and in Mexico (Veracruz, Lazaro Cardenas, Altamira and Tuxpan) with tugs SAAM.
Boskalis has specified that the value of the assets conferred from SMIT and SAAM to SST is comparable and that joint venture is constituted without a contribution of capital by the two partner.
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The Dutch group Royal Boskalis Westminster and Chilean group SAAM have announced today the operating start of the activities of harbor tug in the continent American that are realized through SAAM SMIT Towage (SST), first joint venture joint between the SMIT (society integrally controlled from Boskalis) and the SAAM (integrally controlled from the Sociedad Matriz SAAM) rather than participated respective with 51% and 49% as expected previously 
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
