Mergers & Acquisitions Mergers & Acquisitions

SAAM Towage tells CADE deal with Starnav will result in overlaps, vertical integration in harbor towage, container shipping

By Paula Mariane
  • 02 Aug 2022 00:18
  • 02 Aug 2022 00:18
The Brazilian subsidiary of Chile-based towage operator SAAM Towage has told the national competition authority that its planned acquisition of 21 tugs from Starnav will result in overlaps in the harbor towage market in ports in the cities of Paranaguá, Rio Grande, São Luís and Vitória.
SAAM Towage Brasil also

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Paula Mariane

Correspondent, Latin America

Paula is a journalist and photographer from Brazil with more than 10 years of experience in covering social, political and international affairs. Before joining MLex, she worked at CNN Brasil and Al Jazeera as a writer and producer. TEDx speaker and author of the book “Bonds of Honor,” Paula is the first civilian to produce a long-term photographic series of the Brazilian Army.

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