Wednesday 13 Nov 2024
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KUALA LUMPUR (April 30): MISC Bhd has taken delivery of Seri Cemara, the final of five new liquefied natural gas (LNG) carriers, from South Korea's Hyundai Heavy Industries Co Ltd. The vessel will be chartered to Petroliam Nasional Bhd (Petronas) for the next 15 years, upon delivery.

In a statement, MISC said the 150,200 coal-bed methane LNG carrier is part of the group's long term fleet expansion programme to cater to the energy transportation needs of Petronas.

"They have been designed for worldwide trading capability to enable them to call at all major LNG terminals in the world, as well as loading capability at floating LNG units," MISC added.

MISC chairman Datuk Ab Halim said the vessel, along with her four sister ships, is "significant for MISC, as we forge ahead in fulfilling our vision to consistently provide better energy-related maritime solutions and services."

The delivery of Seri Cemara brings the current number of MISC's LNG fleet to 29 vessels.

MISC shares closed up 6 sen or 0.84% at RM7.16 today, with 2.72 million shraes done, bringing a market capitalisation of RM31.96 billion.
 

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