Boluda buys Boskalis towage arm in Australia and Papua New Guinea for $640m

Spanish towage giant Boluda has struck a $640m deal to acquire Royal Boskalis’ harbour towage and salvage business in Australia and Papua New Guinea, cementing its position as the world’s largest operator in the sector. The takeover hands Boluda operations at key bulk and energy hubs, including Sydney, Melbourne, Brisbane, Newcastle, Gladstone, Perth, and Port …