First half profit up for PB Towage
PB Towage has reported a US$14.1m profit in the first half of 2012, thanks mostly to Australian offshore projects.
Return on net assets for the harbour and offshore towage company was 11.5% in the first half of 2012, up from 6.6% in 2011, when the company recorded a full year profit of US$15.2m.
PB Towage had an operating...
This full article is available to Lloyd's List DCN subscribers only.
If you are already a subscriber, please sign in below.
If you're not a subscriber and would like to experience the full benefits of Lloyd's List DCN with a 14 day trial, please click here.
Alternatively, click here to subscribe.