US deal looks like beginning of new Svitzer strategy
One focus point of Svitzer's new strategy, unveiled in the spring of 2014, was to turn salvage into a much bigger business area for the Maersk-owned company. A collaboration with the US heavyweight Titan seems to make good sense.
BY OLE ANDERSEN
A collaboration with US-based Titan Salvage seems to make good sense for Svitzer, which as recently as the spring of this year announced a new strategy that featured wreck removal as a significant ambition for the Maersk-owned salvage and towage company.
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