Funding halts building of dredging tug

But company confident R100m project will succeed


The historic R100m dredging tug construction project under way in Port Elizabeth has sailed into funding flow problems, but the hope is that the vessel will still be completed this year.

Work on the plough tug, the first to be built in Africa, was due to be completed at the end of May, but has come to a standstill...

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