Carriers

Svitzer is finally free of Russia after offloading ships to Chinese buyer

The Maersk-owned towage operator has sold four tugboats to a Chinese buyer at a loss. The boats were seized by a Russian court last year.
Archive photo. The image does not show any of the ships in question. | Photo: svitzer
Archive photo. The image does not show any of the ships in question. | Photo: svitzer
by DAG HOLMSTAD

Svitzer has gotten rid of its Russian headache and sold four tugboats that were barred from leaving Russia.

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