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William R. Watt
 
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Default lifespan of tugboats?


I was looking thorough regulatory filings on a company which owns some
tugboats in Freeport in the Bahamas and read that these tugboats have a
life expectancy of 5 years. That seems a bit short, esepcially after all
the hassle I've got in this newsgroup over using exterior grade plywood
with a life expectancy of maybe 10 years.

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