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SAL Heavy Lift: Owners are a major strength

In spite of a heavy lift market under serious pressure, German SAL Heavy Lift has managed to deliver a profit after five years with deficits. One of the secrets is the muscles of the owners backing the company, SAL's Justin Archard tells ShippingWatch in Singapore.

SINGAPORE

Champagne bottles are line up one after the other in the small kitchen at SAL Heavy Lift, but - and perhaps tellingly - they have yet to be put on ice, because the heavy lift industry is currently on its knees:

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