TUGS & SALVAGE

Towlines

Dutch towage and salvage group Smit has reported excellent financial results for 2003. Net profit rose from 13.4m in 2002 to 27.0m in 2003.

John Ross is now in service as the Smit Amandla.

Dutch towage and salvage group Smit has reported excellent financial results for 2003. Net profit rose from 13.4m in 2002 to 27.0m in 2003.

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