Friday, June 27, 2025
Home News Boluda buys Finnish harbour towage and icebreaker firm

Boluda buys Finnish harbour towage and icebreaker firm

Global towing services provider Boluda Towage has announced the acquisition of Yxpila Hinaus-Bogsering (YHB), a family-owned company that started operating more than 40 years ago in the Finnish port of Kokkola, providing harbour towage and icebreaking services.

YHB will add to Boluda Towage its experience at the forefront of towing operations in the extreme conditions of the Baltic, where ice and low temperatures require knowledge and expertise of expert crews to perform maneuvers safely and efficiently.

With the acquisition, Boluda Towage aims to further consolidate its presence on the coasts of Northern Europe and enter the Scandinavian market to serve its customers in the Gulf of Bothnia, operating in the ports of Kokkola, Vaasa, Raahe and Kemi.

Vicente Boluda Fos, president of Boluda, explains, “This purchase is a further step in our consolidation in Northern Europe, a complex market where the experience and expertise of the crews are key to carrying out towing and marine salvage operations in extreme conditions. In addition, we are opening the Scandinavian market, providing coverage to our customers in the northernmost part of the Baltic Sea.”

Boluda Towage will add six vessels to its fleet, five of them icebreakers.





Latest Posts

Saudi Arabia port agreements suggest strategic commitment despite regional turmoil

Saudi Arabia has signed long-term port concession agreements worth over $586 million with two major global operators. Beyond infrastructure, this deal sends a powerful signal:...

Trump’s icebreaker gambit: US sets course for Arctic power play against Russia

In a move that could reshape Arctic geopolitics and redefine shipping lanes for decades, former US President Donald Trump revealed that he has offered...

Port of Barcelona strengthens position as investment magnet with new agreements

Port of Barcelona Management Board has approved four strategic initiatives to enhance competitiveness, expand logistics capacity, advance sustainability, and modernize facilities. At first, Terminal Investments...

Global bunker prices on downward trend

Global bunker indices tracked by Marine Bunker Exchange (MABUX) fell sharply in the 26th week of the year, driven by expectations that a ceasefire...

Mawani signs privatization contracts for cargo terminals at eight Saudi ports

In a major step toward advancing Saudi Arabia’s logistics infrastructure, the Saudi Ports Authority (Mawani) has signed privatization contracts for multipurpose cargo terminals at...
error: Content is protected !!