The Borinken Towing and Salvage Company was founded by Ruben E. Iglesias, and Carlos C. Acosta, both graduated of the State University of New York Maritime College at Fort Schuyler at Throg's Neck, New York.
Ruben Iglesias graduated in 2001, with his Bachelor’s Degree in Science, and a Third Mate’s License. Carlos C. Acosta graduated in 2002, with a Bachelor’s Degree in Science and a Second Mate’s License.
Along with Raul E. Iglesias, a former Port Captain for Crowley Marine Services in Puerto Rico, the three comprise the management team of the Borinken Towing and Salvage Company,
The company provides towing, cargo, and ship assist services in, and around Puerto Rico, the U.S. British Virgin Islands, the Bahamas, Central, and South America, as well as the entirety of the Caribbean.