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PFA closely monitors EU's verdict on Maersk's beaching yard

Denmark's largest commercial pension fund, PFA, awaits the decision on whether Maersk's preferred scrapping yard, Shree Ram in India, will be EU-approved this time around. If the yard is rejected again, the pension fund wants answers as to how long the liner company will hold on to the yard.

Maersk Wyoming is one of the ships Maersk has had scrapped at the Shree Ram yard in Alang, India. Photo: PR/Maersk

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