Rising costs and uncertainty hinder demand for new tugs

Rising costs and uncertainty hinder demand for new tugs

Anyone in the market these days for a large purchase of any kind, from a vehicle to a camper to a home, knows the feeling well. It’s one of sticker shock following several years of fast-rising costs.  It’s no different for tugboat operators looking to build a new vessel. And it’s one of many factors that have, taken together, helped…
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