Multraship, Fairplay Towage join forces

Multraship and Fairplay Towage have joined forces to create a platform for expansion.

Offshore staff

HAMBURG, Germany -- Multraship and Fairplay Towage have joined forces to create a platform for expansion. Under the agreement Fairplay BV, the Dutch arm of the Fairplay group, will take a 50% shareholding in Muller Maritime Holding, the holding company for Multraship.

Under the agreement, Multraship will continue to be managed by the existing family board and management. Expansion of the office staff and tug crews is anticipated as the company takes delivery of new vessels and expands into new markets.

08/07/2008

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