Abstract:The conversion of ageing tankers is a tempting alternative to newbuildings when FPSO units are planned. The low cost of an already classified hull and an existing pumping facility compensate for the repair and updating costs a conversion may demand. Newbuildings on the other hand allow for improved production plant and storage tank lay-out. The trade offs between conversions and newbuildings are analyzed from the point of view of strength and general arrangement. Converted tankers carry a serious strength draw… Show more
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