Government research body the British Antarctic Survey (BAS) has signed a £31 million leasing contract in what is thought to be the first UK private finance initiative (PFI) shipping deal.
BAS signed the 15-year PFI contract with Norwegian Rieber Shipping to lease the 14-year-old icebreaking ship Polar Queen.
BAS signed the 15-year PFI contract with Norwegian Rieber Shipping to lease the 14-year-old icebreaking ship Polar Queen.