Smit has announced it is being investigated by the Dutch competition authority over tendering procedures in salvage and wreck removal contracts since 1999.

Smit is a partner in the Tricolor wreck removal consortium.
At the same time the European Commission has begun a separate investigation into towage services within Smit’s harbour towage and terminals divisions.

Smit in a statement said it was extending co-operation to both parties and “in order not to disturb the invesigation” would refrain from giving any further information.

Smit,