A reel assembly for a Floating Production and Offloading (FPSO) unit, comprising: a reel support structure adapted to be securely installed on said FPSO; a cylindrical support drum, rotatably coupled to said reel support structure; a motor drive, operably coupled to said reel support structure and said cylindrical support drum, adapted to selectively rotate said cylindrical support drum in a clockwise and anticlockwise direction; a mooring point, provided on the FPSO; said cylindrical support drum further comprising: at least one first support drum portion, coaxial with said cylindrical support drum and adapted to operably accommodate a hawser string; at least one second support drum portion, coaxial with said cylindrical support drum and adapted to operably accommodate a offloading hose string, and at least one circumferential divider, coaxial with said cylindrical support drum and adapted to divide said at least one first support drum portion and said at least one second support drum portion, wherein said first and second support drum portions comprise respective first and second string connectors, each adapted to releasably connect to a first end portion of respective hawser and offloading hose strings, and characterised in that said first string connector is further adapted to operably engage with said mooring point, so as to automatically disconnect said first end portion of said hawser string from said string connector and connectingly engage with said mooring point. a reel support structure adapted to be securely installed on said FPSO; a cylindrical support drum, rotatably coupled to said reel support structure; a motor drive, operably coupled to said reel support structure and said cylindrical support drum, adapted to selectively rotate said cylindrical support drum in a clockwise and anticlockwise direction; a mooring point, provided on the FPSO; said cylindrical support drum further comprising: at least one first support drum portion, coaxial with said cylindrical support drum and adapted to operably accommodate a hawser string; at least one second support drum portion, coaxial with said cylindrical support drum and adapted to operably accommodate a offloading hose string, and at least one circumferential divider, coaxial with said cylindrical support drum and adapted to divide said at least one first support drum portion and said at least one second support drum portion, wherein said first and second support drum portions comprise respective first and second string connectors, each adapted to releasably connect to a first end portion of respective hawser and offloading hose strings, and characterised in that said first string connector is further adapted to operably engage with said mooring point, so as to automatically disconnect said first end portion of said hawser string from said string connector and connectingly engage with said mooring point. at least one first support drum portion, coaxial with said cylindrical support drum and adapted to operably accommodate a hawser string; at least one second support drum portion, coaxial with said cylindrical support drum and adapted to operably accommodate a offloading hose string, and at least one circumferential divider, coaxial with said cylindrical support drum and adapted to divide said at least one first support drum portion and said at least one second support drum portion, wherein said first and second support drum portions comprise respective first and second string connectors, each adapted to releasably connect to a first end portion of respective hawser and offloading hose strings, and characterised in that said first string connector is further adapted to operably engage with said mooring point, so as to automatically disconnect said first end portion of said hawser string from said string connector and connectingly engage with said mooring point.