PSA Marine Americas completed the acquisition of a 45% stake in Meyer’s Tugs from Inversiones Maritimas CPT, a wholly-owned subsidiary of CPT Empresas Maritimas, on 27 April 2023.
Following the completion of the acquisition, Meyer’s Tugs will be rebranded. Gabriel Forero, general manager of Meyer’s Tugs, together with his key managers, will continue to lead the company.
Meyer’s Tugs is headquartered in Panama and offers services between the Pacific and Atlantic coast in Panama.
“This new partnership will bring together our networks, expertise, and capabilities in the towage business, thereby driving the best business outcome for our customers,” commented Peter Chew, managing director of PSA Marine.
