Independent journal on economy and transport policy
11:35 GMT+1
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Tugful Mediterranean brings to an end the acquisition of Keppel Smit Towage and Maju Maritime
With the operation it becomes the third largest port truck operator in the world
June 30, 2022
The fleet of the acquired companies, which overall generate a turnover of more than 60 million Singapore dollars, is formed by about 60 technologically advanced tugs. With the closing of the acquisition the Mediterranean Tugboat Group becomes the world's third largest port trailer operator with a fleet of around 170 tugs operating in three continents (Europe, Asia and South America) and over 1,000 employees. Keppel Smit Towage and Maju Maritime will continue to operate in their respective markets while maintaining unaltering governance and operational assays.
"Thanks to the acquisition of Keppel Smit Towage and Maju Maritime CEO Matteo Coppari, our group is further consolidating its international positioning among the leaders of the Mediterranean," said Matteo Coppari, the CEO of the Mediterranean. port trailer, becoming one of the main operators in Southeast Asia as well with about 60 units operating between Singapore and Malaysia ". "This operation is a key step in the growth path of Mediterranean tugboats that has seen many acquisitions in the years," the group's chief executive, Gregorio Gavarone, said in a statement. Italy, Greece, Malta, Colombia and Norway. "
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The fleet of the acquired companies, which overall generate a turnover of more than 60 million Singapore dollars, is formed by about 60 technologically advanced tugs. With the closing of the acquisition the Mediterranean Tugboat Group becomes the world's third largest port trailer operator with a fleet of around 170 tugs operating in three continents (Europe, Asia and South America) and over 1,000 employees. Keppel Smit Towage and Maju Maritime will continue to operate in their respective markets while maintaining unaltering governance and operational assays. 
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
