PSA Marine: a stake in Panama
PSA Marine has completed its acquisition of a 45% stake in Meyer’s Tugs (MTSA) from Inversiones Maritimas CPT in Panama.
Peter Chew, managing director of PSA Marine: “CPT and PSA Marine share a passionate belief of growing the towage service offering in Panama.” Located in Panama, MTSA, offers towage services between the Pacific and Atlantic coast.
Carlos Cornelius, CEO of CPT: “The new company marries the innovative, high-performance, and local expertise of CPT with PSA Marine’s high operational standards, firm background, and strong international branding in the maritime sector.”
Gabriel Forero, general manager of MTSA, and his key managers will continue to lead and run the company. (lh)