Japanese yard Mitsui Engineering and Shipbuilding (MES) has formed an FPSO chartering division.
The yard acquired shares of Cernambi Norte MV26, an FPSO chartering business company that operates in the Iracema Norte field of the pre-salt layer off the coast of Brazil, from affiliate MODEC.
“MES will continue to work toward business engagement and the expansion of related service businesses and aggressively invest in businesses conducting FPSO chartering,” the yard said in a release.
As well as chartering MES is engaged in building FPSOs.