Investor Presentaiton

Cost of modifications Existing and Future Charterparties: In order to burn low sulphur fuel safely and efficiently, modifications on the ships might be necessary. The cost of such modifications will most likely be borne by the shipowner. However, the shipowner will not be legally obliged by the charterer to modify its vessel to an extent greater than what is expected (i.e. installation of scrubbers). michaelkyprianou Advocates Legal Consultants

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