FPSOs face exposure to coronavirus delays
More than a dozen vessels being built in China run the risk of many months of delays, one analyst says. Chinese yards are building up to 16 out of 28 FPSOs under construction globally with nine due to be delivered this and next year
Significant delays in starting up floating production, storage and offloading vessels would have held back tanker activity, however the bigger fear is longer term oil and gas demand reduction, according to analysts