Yinson taking steps to manage inflation risk

PETALING JAYA: Yinson Holdings Bhd will continue to apply measures to prudently manage inflation risk including hedging, effective forecasting and diversification of costs across geographical markets.

In a filing with Bursa Malaysia yesterday, Yinson, which operates floating production, storage and offloading (FPSO) vessels for charter, also said it will factor inflation risk into its contracts and strategic management of its inventories.