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MISC Investing to Increase Fleet

Tuesday, November 28, 2006

MISC Bhd is investing to increase its fleet size by an additional 23 energy and chemical tankers and a containership, the company said The tankers include seven liquefied natural gas (LNG) tankers, eight chemical tankers, eight Aframax-class and very large crude carriers (VLCCs). The shipping company, which owns and operates the world’s largest LNG tanker fleet with 22 units, also has in its fleet 21 container vessels, 13 chemical tankers and 49 oil tankers. A company official said the expansion of the company’s fleet was for its business expansion. Source: Bizedge

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