Boluda Towage Acquires Boskalis Operations in Australia & PNG

Boluda Towage strengthens its position as the world’s leading towage operator with the acquisition of Royal Boskalis in Australia and Papua New Guinea

The transaction, valued at 640 million dollars, consolidates Boluda Towage across 5 continents, with a presence in 232 ports and the most powerful fleet in the world, consisting of more than 850 vessels and a workforce of 10,000 employees.

Boluda Towage continues to advance its global expansion strategy with the acquisition of the towage and salvage business of the Dutch company Royal Boskalis BV in Australia and Papua New Guinea.

The transaction, valued at 640 million dollars, consolidates Boluda at the top of the maritime towage business, with a presence on 5 continents and the most powerful fleet in the world, made up of more than 850 vessels — including tugs and salvage ships.

Boluda Towage will thus have operational capacity in more than 232 ports worldwide, over 8,000 seafarers, and a technical and administrative support team of 1,500 professionals of 35 nationalities, enabling it to provide global service to its clients.

According to Vicente Boluda Ceballos, Chairman of Boluda Towage: ‘With this acquisition, we improve the service and operational efficiency for our clients, consolidating ourselves as the leading global player in towage, with presence on all continents.’

‘Furthermore,’ he continues, ‘we want to continue supporting the development of port infrastructure where we operate by improving efficiency, safety, and sustainability.’

The ports of Sydney, Perth, Botany, Gladstone, Brisbane, Newcastle, Melbourne, Weipa, Mackay, Port Moresby (Papua New Guinea), and Launceston (Tasmania) are industrial docks with high volumes of raw materials such as iron, coal, natural gas, gold, and lithium, essential for the energy, technology, and steel industries.

These ports play a key role in the global economy, as they connect Australia’s natural resource production with the main world markets, especially Asia, securing its role as an export powerhouse in global maritime trade.

With this operation, Boluda Towage positions itself worldwide, strengthening its presence in Asia, where it also operates in Hong Kong, Singapore, Malaysia, and Timor-Leste.