Carriers

Struggling tug market hurts Boskalis

The Dutch marine group behind tug and salvage group Smit is feeling the pain across its three business areas, with significantly lower revenue and operating result.
Photo: PR-foto/Boskalis
Photo: PR-foto/Boskalis
by OLE ANDERSEN

The pressure on major tug companies is clearly reflected in the third quarterly report from Dutch group Boskalis, as well as those from other industry players such as Maersk-owned Svitzer.

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