Svitzer enters Brazilian towage market

Svitzer said it has acquired a controlling stake in Brazilian harbour towage operator Transmar Servicos Maritimos entering the towage services in Brazil. 

“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,” says Martin Helweg, Managing Director of Svitzer Americas.

Transmar Servicos Maritimos operates in 2 ports and 2 Oil Basins, has a fleet of 10 vessels and 74 employees.

The head-office is in Rio de Janeiro and Transmar provides maritime support services to harbour and offshore clients along the entire Brazilian coast.

Image: Svitzer