In addition to facilitating design reviews, we have surveyors at major repair and conversion shipyards who are familiar with the processes and will verify that conversions are carried out in conformance with the applicable Rules and standards.
In some market conditions, owners can benefit by converting existing tankers to an alternative configuration as either a floating storage and offloading (FSO) unit or a floating production, storage and offloading (FPSO) unit. Depending on the relative strengths of the tanker and dry bulk markets, owners may also seek to convert existing tankers, principally very large crude carrier (VLCC) tonnage to a very large ore carrier (VLOC) configuration.
Owners of vessels designed and/or already built to alternative configurations sometimes undertake conversion to a bulk cargo configuration. The two most common conversions are from VLCC to VLOC and from containership or multi-purpose vessel to one able to carry bulk cargoes.