Svitzer expands Brazilian fleet

The expansion is part of the company’s efforts to expand its presence and transportation capabilities in the country, according to a press release. 
The three tugs will be built at the Brazilian shipyard Rio Maguari. Arjen van Dijkn, CEO of Svitzer's US division, calls the investment "strategic." | Photo: Sina Schuldt/AP/Ritzau Scanpix
The three tugs will be built at the Brazilian shipyard Rio Maguari. Arjen van Dijkn, CEO of Svitzer's US division, calls the investment "strategic." | Photo: Sina Schuldt/AP/Ritzau Scanpix

Svitzer, the world’s largest tugboat company, has signed a contract for three new vessels, the company writes in a press release.

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