Europe & Eurasia – Page 227

UK Presents Clean Maritime Plan

The UK government has published the Clean Maritime Plan, an ambitious plan to cut pollution from the maritime sector.

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The tanker will be chartered to France’s oil and gas major Total.

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Around USD 23 million of gross revenues are expected over the maximum period of the employment.

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The deal has “attractive purchase options” which can be exercised as from the fourth charter year.

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A.P. Moller Holding is expected to close the acquisition of KK Group in the third quarter of 2019.

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