P&O Maritime acquires Spanish maritime services operator Reyser
DP World fully owned subsidiary, P&O Maritime has announces its acquisition of Reyser (Remolques y Servicios Maritimos, S.L.) a Spanish company providing maritime services internationally since 1966, from Bergé y Cía, S.A. The transaction value is below 5% of DP World’s net asset value.
Reyser has long term agreements in 10 ports in Spain and contracts with 2 international Liquefied Natural Gas ( LNG) terminals at Saint John, New Brunswick in Canada and Point Fortin in Trinidad and Tobago. The company’s services include harbour towage, mooring, bunkering, diving and environmental support. It owns 151 vessels including 20 Tug boats, 53 mooring boats, 5 Bunkering vessels and 73 ships conducting environmental work.