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Monday, November 8th 2004, 2:31am

What about GB refit said ship as a gunnery training ship and then sell to PI. The PI has then bought a 'ship' and could do with it what it wants. As the PI didn't convert it to a training ship herself then she is not bound to not convert her back.

It still means you spend lots of tonnage on an old ship.

Cheers,