The operation SvitzerWijsmuller A/S (‘Svitzer'), a subsidiary of the shipping operator A P Møller-Maersk A/S, is a Danish marine services company active in harbour, ocean and terminal towage, salvage, emergency response and rescue, and crew boat services. Adsteam Marine Limited (‘Adsteam') is an Australian company and a provider of maritime services including harbour towage, terminal towage, salvage and agency services around the world. Svitzer made an offer for all the shares of Adsteam, conditional on (among other things) the proposed merger being cleared by the UK Office of Fair Trading (OFT). After the OFT referred
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The UK Competition Commission clears a merger in the harbour towage sector subject to divesture commitments (SvitzerWijsmuller / Adsteam Marine)
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