Fairplay Towage has moved its corporate headquarters following last year’s acquisition of Bugsier Reederei.
As HLPFI reported here, Fairplay Towage announced plans to acquire Bugsier in June 2017, with Bugsier continuing as a brand in the corporate group of Fairplay Towage.
To reflect the acquisition, which aimed to expand and strengthen the group’s presence in Germany and across Europe, Fairplay has established a joint location in Hamburg.
The office will be the administrative headquarters for all of the activities of the Fairplay Towage Group.
“After the merger last year, moving into a joint office was the next logical step,” said Walter Collet, managing director of the Fairplay Towage Group.
“It is very important that we integrate the departments and optimise communication channels. Combining our forces will strengthen our market position.”
According to Collet, the requirements in the towage industry have changed considerably and in recent years, Fairplay has invested in the renewal and modernisation of its fleet to keep up with the ever-increasing size of container vessels.
The Fairplay Towage Group operates more than 100 tugboats in 29 European ports. Next to assisting seagoing ships in ports, the offshore industry is an important and growing segment for the company.
In this industry its fleet of specially equipped offshore tugs are employed in the international oil industry.