KOTUG announces purchase of joint venture interest in Kotug Seabulk Maritime from partner SEACOR Holdings
KOTUG International B.V. (KOTUG) announced today that it has concluded the acquisition of Kotug Seabulk Maritime LLC (KSM) taking full ownership of the business. KOTUG acquired the interest of its joint venture partner, SEACOR Holdings Inc. (SEACOR) via its Seabulk subsidiary KS Maritime Holdings LLC, owner of the 50% share in KSM. Established in 1911, […]