The NRS Group has signed a licensing deal with M1 Engineering that will allow the Tokyo-based tank container lessor to use M1's ISO tank frame design in the remanufacture of ageing tanks.
NRS has a number of older 24,000-litre IMO 1 tanks in its 2,000-plus fleet, which have stainless steel tank vessels in perfect working order and which can be given a further lease of life through the provision of new frames....
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Approx 190 words from WorldCargo News, November 2001,
page 12.