Spanish Maritime Services Firm Joins DP World

Dubai-based terminal operator DP World has, through its subsidiary P&O Maritime, acquired the Spanish maritime services company Remolques y Servicios Maritimos (Reyser).

Reyser has long-term agreements in 10 ports in Spain and contracts with 2 international liquefied natural gas (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, 5 bunkering vessels and 73 ships conducting environmental work.

“We are delighted to make this acquisition which underlines the further development of the group’s maritime services business,” Ahmed Bin Sulayem, DP World Group Chairman and CEO, said.

“This is all part of our broader strategy to grow complementary sectors in the global supply chain such as industrial parks, freezones and logistics supported by new technologies adding value for all our stakeholders,” Bin Sulayem added.