Anyone looked into Port Services?

searcher profile

November 20, 2021

by a searcher from Ursinus College in Anchorage, AK, USA

Has anyone looked into tugboat or stevedore companies? How are these deals typically evaluated - on a cash flow or asset basis? I am interested in the space due to the high barriers to competition and stable customer base, would love to chat with someone more familiar with the industry.

0
2
77
Replies
2
commentor profile
Reply by a searcher
from Southern Methodist University in Dallas, TX, USA
Typically these are large already consolidated and hard to break into. Although, if you are in AK, you might be lucky and find a few smaller operators that are still independent. That is very hard to find here on the gulf coast.
commentor profile
Reply by a searcher
from INSEAD in Madrid, Spain
In Europe, stevedores are among the most unionized jobs, with very combative unions, which makes it hard to increase productivity (not just for downsizing - just any change).
Join the discussion