European towage heavyweight Boluda has moved to strengthen its position in Southeast Asia, taking over tug assets and towage operations from Singapore’s Seatrium Group in one of the world’s busiest port hubs.
The deal hands Boluda control of Seatrium’s harbour tug fleet and associated towage services supporting its shipyard activities, marking another step in the Spanish group’s steady expansion across the region.
Singapore sits at the centre of global shipping flows, and the latest move gives Boluda a stronger foothold in a market where demand for reliable towage remains closely tied to port efficiency and vessel turnaround times.
