NEW Joint Venture – ARC TOWAGE Awarded Tug Service Contract in Trinidad and Tobago

SAINT JOHN, NB:  ARC Towage - a new joint venture company involving Atlantic Towing Limited of Saint John, NB, Reyser, a subsidiary of Spanish Bergé group that manages business related to tug and port services, and Coloured Fin of Trinidad and Tobago announced today that they have been awarded a 10 year contract to provide terminal berthing services for a significant energy industry player in Trinidad and Tobago, beginning in January 2015. 

“This global expansion builds on the world class capability we have grown at the LNG terminal in Saint John” said Wayne Power, Vice President of J.D. Irving, Transportation and Logistics Division.  “We are also very pleased to be expanding our strong relationship with Reyser and starting a new relationship with Coloured Fin.

Pedro Escudero, CEO of Reyser, the subsidiary of the Bergé group commented that “providing tug and port services to LNG terminals around the world is a key driver for our company, and this contract confirms we are working with the best partners.

Capt. Stanley S. Mathurin, CEO of Coloured Fin Ltd noted that his organization “welcomes the opportunity to pursue this venture with our new partners and looks forward to a great future”

ARC Towage Limited, the new joint venture, will acquire 4 new Damen 2810 ASD tugs from the Damen Shipyards Group to be delivered in the second half of 2014. 

About Atlantic Towing

Atlantic Towing Limited (ATL) is one of Canada’s most established and diversified marine service providers.   Operating since 1961, ATL provide a full range of specialized marine services to clients around the world, including:

  • Offshore Supply and Support Services
  • Ocean and Coastal Towage
  • Harbour and Terminal Berthage
  • Barging Services

About Reyser

Reyser is a subsidiary holding company of Bergé group, one of the largest logistic & maritime operators in Spain. Established in 1948, its core business is the provision of services associated with port activity, both in ports and LNG terminals.  It operates in Spain, Canada and Yemen. Reyser is currently the largest operator of mooring services in Spain and top 3 in towing services.

About Coloured Fin
“Coloured Fin Ltd today employs one hundred and fifty (150) permanent and twenty (20) contracted employees. The company provides ship management, towage, pilot boat, rescue / patrol boat, passenger vessels, water delivery, courier and sale and purchase services in the Caribbean, with a fleet of well maintained, equipped and professionally operated vessels. Coloured Fin Limited is the only dedicated domestic and drill water supplier, servicing the shipping, oil and gas exploration industries in Trinidad and Tobago. The Company also provides line handling launches and crews at the LNG Terminals at Point Fortin.”

-30-

CONTACTS:

Atlantic Towing
Mary Keith
Vice President Communications
(506) 632-5122

Reyser
Joaquin Eulate
Corporate Director Institutional Relations & Communication
+34 91 4200228

Coloured Fin
Ms. Genelia Lezama
Office Supervisor
Coloured Fin
868-634-4834 / 5 / 6