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Tugs

Smit Lamnalco acquires Australian towage company

Valentine Watkins

Smit Lamnalco, a 50 per cent owned associate of Boskalis, has acquired Australian towage provider PB Towage.

PB Towage is the second largest player in Australia with activities along the Eastern coast stretching from Melbourne to the Cape York Peninsula.

Following the transaction, Smit Lamnalco will be active in eight ports in Australia, with a total of 29 vessels offering a combination of harbour towage, terminal and FPSO-related services.

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