Yinson seals long-term deal for Lam Son FPSO

Malaysian FPSO operator Yinson Holdings has sealed a long-term charter contract with Petrovietnam Technical Services Corp (PTSC) for FPSO PTSC Lam Son.

The new contract replaces all the previous interim deals, and is backdated to commence from July 1, 2017 and run through to the end of June 2021.

The value of the extension is around $122.87m.

Both parties shall have the right to terminate the contract subject to a 90-day notice period.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.
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