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Maersk impaired Ardent investment after tough year

Maersk Group took an impairment on its investment in Ardent due to a significant decline in the market in 2016. But this year is going much better for the salvor, which has won its biggest job this year with vessel Kea Trader, CEO tells ShippingWatch.

Robert Uggla: Big challenges for Svitzer in Australia

Salvage and rescue carrier Svitzer took another big hit this year in Australia, which has been a main market for the company since 2007 along with Europe. Svitzer is now targeting new growth markets, says CEO Robert Uggla.

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