Karpowership and Mitsui OSK Line's joint venture KARMOL has begun the conversion of a third LNG carrier to a floating storage and regasification unit on a speculative basis.
TradeWinds understands the 127,000-cbm LNG Vesta (built 1994) is at Keppel Shipyard in Singapore, where the job is just getting started.
The steam turbine, Moss-type vessel, which had been under MOL management, was laid up in 2014 but appears to have been trading since.
