A contract COSCO Dalian Shipyard of China signed with MODEC of Japan has gone into effect regarding a VLCC “Algarve” to be converted to a FPSO unit.
This conversion project is marked as the eighth following after the shipyard successfully delivered "FPSO CIDADE DE MANGARATIBA MV24", the seventh FPSO conversion project, to MODEC.
The project is to convert a very large crude oil carrier to floating production, storage and offloading unit (FPSO) which is capable of processing 15,000 barrels of crude oil and 8m-cbm of natural gas a day with storing up to 1.6m barrels of crude oil.
COSCO Firms up FPSO Conversion
2013-05-07
1628人
Source：Asiasis
Most ViewsHOT
- Alpha Bulkers signs for 11 containerships in China
- Winning doubles down on large bauxite carriers with six more newbuilds
- Jinhui cashes in on ageing supramax as fleet overhaul rolls on
- Greek owner Super-Eco Tankers signs four-ship MR order in China
- Eastern Pacific locks in 12 newbuilds at Hengli
- Jinhui continues to trim older tonnage with $10.3m supramax disposal
- Precious Shipping snaps up ultramax newbuild resales
- Top Ships fixes MR tanker for three years in $20m deal
- Pyxis Tankers sets sights on fresh tonnage
- Eastern Pacific makes VLCC comeback with newbuild deal in China
