Americas – Page 74

KOTUG, Horizon Maritime Create Joint Venture in Canada

KOTUG International B.V. and Horizon Maritime Services form a towage joint venture in Canada.

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The net proceeds will provide for capital expenditures, general corporate purposes and fund the series reserve account.

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The move comes on the back of the sales of vessels and interest in the company’s LNG joint venture with Nakilat.

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The company supplied 250 mts of VLSFO to LPG tanker Penelope M at Cartagena anchorage.

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The BBC Campana’s 34-year-old male sailor was reportedly found unresponsive by the crew.

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