British towage company explores joint venture possibility with Tug Malta

Cory Towage Ltd. (UK) Managing Director, Mr Graham Philip, this morning met Minister for Economic Affairs and Industry, Dr. John Attard Montalto and Tug Malta management at Tug Malta’s offices in Floriana.  Mr Philip is visiting Malta to explore the possibility of entering into a joint venture with Tug Malta for salvage and overseas towages in the Mediterranean.

Cory Towage operate 70 tugs in the United Kingdom and world-wide and have over the years given advice to Tug Malta both locally and in the UK.  They have regularly advised the Maltese tug company on operational requirements.

All Tug Malta masters and operational staff visit Cory Towage in the UK for familiarisation.  Cory have also been assisting Tug Malta with ISO certification which should be achieved within the next few months.

Cory Towage is a prominent player in international towage markets and have over the years secured important towage and salvage contracts in various ports.