Press release
Boskalis and SAAM begin joint towage operations in Americas
) have announced that they have successfully created a joint harbor towage operation within the American Continent in Brazil, Mexico, Canada..., operating in more than 30 port terminals in Brazil, Mexico, Canada and Panama. The total combined 2013 EBITDA of SST was USD 100 million.
The merger... SAAM holds a 51% majority stake, relates to the towage activities in Panama and Canada (SMIT) and Mexico (SAAM). The combination will operate a total