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Netherlands-based European harbour towage specialist Kotug Smit is to become part of the Spanish Boluda Corporacion Maritima group.

Established in 1837, Boluda has a fleet of around 250 tugs in 81 ports in Latin America, the Caribbean, Spain, France, Germany, the Indian Ocean and the west coast of Africa.

Kooren family-owned Kotug can trace its roots to the ownership of its first tug in 1911, but in its current form merged with Dutch compatriot Smit to mitigate the impact of rapid liner ...

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