DP World’s fully owned subsidiary, P&O Maritime, have announced the acquisition of the Spanish maritime service provider Reyser (Remolques y Servicios Maritimos).
Reyser has long term agreements in ten ports in Spain and contracts with two international Liquefied Natural Gas [ds_preview](LNG) terminals at Saint John, New Brunswick in Canada and Point Fortin in Trinidad and Tobago. The company’s services include harbour towage, mooring, bunkering, diving and environmental support. It owns 151 vessels including 20 tug boats, 53 mooring boats, five bunkering vessels and 73 ships conducting environmental work.
»This is a landmark deal in our more than 50-year history, underling our global intentions to provide maritime services across diverse markets around the world,« says Rado Antolovic, Managing Director of P&O Maritime. The acquisition allows us to consolidate our market position in Spain while securing entry in new geographies and markets, he adds.
P&O, Maritime, a DP World company, provides specialist maritime service solutions through its ownership, operation and management of a fleet of vessels designed for customers’ specific long term requirements. Following a restructure, the head office is now located alongside DP World corporate headquarters in Jebel Ali, Dubai, UAE. The company has been operating in the industry since the 1960’s developed since that time into a diversified shipping service provider to both Governments and industry.
