SAAM acquires west coast companies

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SAAM Towage Canada has just acquired Standard Towing Ltd. and Davies Tugboat Ltd. Both companies provide harbour, shipdocking and towage services on the West Coast of Canada.  The acquisition contributes to SAAM Towage’s drive to continue to consolidate its leadership position on the West Coast.  Through these acquisitions, adds three Canadian-built tugboats to the fleet enabling SAAM Towage to expand its service area to Northern Vancouver Island. The assets being acquired are Numas Warrior and Renegade who will both continue to serve in Port McNeill and Point Valiant serving under a long-term charter.

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