AsiaOffshoreShipyards

Mitsui Engineering and Shipbuilding moves into FPSO chartering

Photo of Sam Chambers Sam ChambersFebruary 1, 2016
4 Less than a minute
BW Offshore

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.

 

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Photo of Sam Chambers Sam ChambersFebruary 1, 2016
4 Less than a minute
Photo of Sam Chambers

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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