In a statement the company announced plans to acquire a pair of tugs fromBarbados Port Inc and operate them on behalf of the same counterparty.

In exchange, the contractor indicated it will provide towage services to anetwork of terminals in and around the port of Bridgetown for the next 15 years.

“Thisagreement further consolidates Svitzer position within the Caribbean as theleading towage provider,” the company continued.

“In