Brazil’s CBO acquires local Rimorchiatori Riuniti subsidiary

By Baird Maritime - .
Photo: CBO

Brazilian offshore services company CBO Holding has acquired the business and assets of Brazilian operator Finarge Apoio Maritimo (FAM), a subsidiary of Italian towage provider Rimorchiatori Riuniti.

The acquisition also includes FAM’s fleet of five anchor handling tug supply (AHTS) vessels, which consists of one Brazilian-flagged AHTS and four foreign-registered vessels. The five vessels are currently serving charter contracts with Petrobras.

With the conclusion of the transaction, CBO will have 14 AHTS vessels operating in Brazil.

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Tags: Brazil CBO Holding Finarge Apoio Maritimo Italy Rimorchiatori Riuniti Group

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