Tug Operator Completes Takeover

June 18, 1999

Tugboat operator Adsteam Marine Ltd. has completed its purchase of rival Newcastle operator Hunter Towage Services Pty Ltd. Adsteam operates in Newcastle through Waratah Towage, a joint venture with Howard Smith Ltd.

Tug Operator Completes Takeover

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Tug Operator Completes Takeover

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