Boluda Towage has strengthened its presence in Southeast Asia through the acquisition of towage assets from Seatrium Group in Singapore, marking a new step in its global expansion strategy.
The deal includes the transfer of tugboats and the servicing of towage requirements for Seatrium’s shipyards in Singapore, one of the world’s most important maritime hubs. The move reinforces Boluda’s position in a key logistics center at the heart of regional and global trade.
Over the past five years, the company has steadily expanded across the Asia-Pacific region. It now operates a fleet of 156 tugboats across major ports and terminals in Singapore and Malaysia, focusing on sectors such as container shipping, energy and petrochemicals.
With the latest acquisition, Boluda Towage further strengthens its footprint in Singapore and Malaysia while building on its broader regional network. The company has recently expanded along the northern, eastern and western coasts of Australia, as well as in Papua New Guinea, complementing its established presence in Hong Kong and Timor-Leste.
Southeast Asia remains a strategic market for maritime services, hosting some of the busiest shipping routes globally. The integration of Seatrium’s harbour tug fleet is expected to enhance operational capacity and support safer, more efficient port operations.
The company said the move will strengthen its role as a key partner for shipping lines, terminals and logistics operators in a region where performance and reliability are critical for competitiveness.
