SMIT buys Minette

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Leading towage and salvage provider SMIT has entered into an agreement to acquire all shares of Minette Bay Ship Docking in Prince Rupert, Canada for an undisclosed sum.

Minette Bay operates in the port of Prince Rupert with three ASD tugs and has carried out the ship docking services for Ridley Island Coal Terminal for the past 25 years.

This acquisition enhances SMIT Marine Canada’s current harbour towage operations on the West Coast of Canada. The acquisition is still subject to approval of authorities under the Investment Canada Act.