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MISC awards FPSO conversion contract to CIMC Raffles

Malaysian national shipping group MISC has entered into a contract with Chinese yard CIMC Raffles to convert a VLCC into an FPSO.

Under the agreement, CIMC Raffles will convert the 2005-built 300,500 dwt VLCC Bunga Kasturi Dua into an FPSO and will also be responsible for the construction of FPSO modules.

It is the first FPSO conversion contract CIMC Raffles has secured.

The FPSO will be heading to the Mero oilfield in Brazil after the conversion is completed.

MISC currently has six FPSO tankers in its fleet.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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