After the loan is secured, Ruby II FPSO will be leased to Petronas Carigali Vietnam Ltds customers for their offshore operations.
The $280 million tanker is being backed by PTSC and Malaysia International Shipping Corporation Sdn Bhd (MISC), a subsidiary of Petronas Group.
On August 14, 2009, PTSC and MISC have named the store in container, and processing crude oil (FPSO) as Ruby FPSO II.
