New tug joint venture announced
Teekay Shipping Australia and KOTUG International have announced a new joint venture company, called KT Maritime Services Australia.
Teekay and KOTUG have agreed to a joint venture. Credit: KT Maritime Service.
In a statement released by the new joint venture, the new entity said the aim is to “pursue new business opportunities in the Australian towage market”.
“We believe there are new opportunities for trusted and experienced companies like Teekay...
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