AGUNSA USA Invests in A.R. SAVAGE COMPANY LLC

Collaboration Formed to Enhance Service Standards Across North America.

[February 7, 2024, Tampa, Florida, United States] AGS Agunsa, the North American arm of Agunsa and a key player within the Empresas Navieras Group (GEN), is excited to announce a significant equity acquisition in AR SAVAGE COMPANY LLC, along with its associated companies and subsidiaries. With a legacy spanning over 90 years, GEN boasts a global presence across more than 20 countries on three continents, offering a diverse array of services ranging from port and airport operations to maritime transportation and agency services, encompassing logistics, tugboat operations, connectivity, and security.

Founded in 1945, AR SAVAGE COMPANY LLC, alongside its subsidiaries AR SAVAGE & SON, TAMPA BAY Services, and AR SAVAGE & SON Advisory Services, has established itself as a prominent player in the North American maritime sector. Renowned for their dedication to clientele, service excellence, and extensive network within North American ports, these companies offer a comprehensive suite of maritime agency and cargo services, as well as logistics and transportation solutions.

Arthur Savage, President, and CEO of A.R. Savage Company, remarked, “Our clientele place immense trust in our ability to deliver exceptional service, unparalleled value, and impartial guidance. Now, with this strategic collaboration, our esteemed ship agency services will extend globally, while our steadfast commitment to superior port management remains unchanged, ensuring optimal outcomes for our clients.”

Maximiliano Urenda, CEO of AGS Agunsa for North America, added, “This investment not only enhances the quality and scope of services offered to our clientele but also aligns with our growth strategy focused on Agency, Logistics, and Ports. Our vision with this partnership is not only to fortify our existing service excellence but also to enhance competitiveness and expand into new geographical markets across the region.”

About AGS Agunsa

Established in 2000 as a shipping agency and subsidiary of Agunsa Corp, founded in 1960 in Valparaiso and a vital part of the Empresas Navieras Group, AGS Agunsa in North America delivers top-notch agency, logistics, and port services. It holds ownership in the Florida International Terminal (FIT) and Agunsa Manatee Terminal (AMT) and offers a range of land logistics, air cargo transportation, and warehousing solutions.

About A.R. Savage Organization

As the longest-standing ship agency, maritime cargo transportation, and maritime advisory services provider on Florida’s west coast, A.R. Savage Company LLC is synonymous with superior service, quality, and value. Serving vessels across ports in Florida, Texas, New Jersey, Pennsylvania, Delaware, California, and Louisiana, this family-run business, headquartered in Tampa, has upheld professional standards within the national and international maritime trade community for four generations.”