The options have been exercised with scrubber manufacturer Pacific Green Technologies, a US-based venture with PowerChina
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The tanker will be chartered to France’s oil and gas major Total.
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Industry veteran minces no words in declaring overcapacity the "most important factor" troubling the industry
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Around USD 23 million of gross revenues are expected over the maximum period of the employment.
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Iranian boats approached British Heritage in Gulf, according to US officials.
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