Swan LNG: Why was their vessel lent out at an abysmally low rate? – 23 Jul 2021

The Swan LNG-IFFCO owned Floating Storage Vessel did not have much business until it was hired out to work in Ghana

The lease period indicates that the Swan terminal will be unable to get functional before August, 2022 at the least

The vessel has been sitting idle, having delivered only one cargo in February before was leased out, causing a huge loss to the owners.

Also know more on why the FSU is being loaned out such an abysmally low day rate, far below the market price