MISC Orders Tankers

Monday, June 26, 2006
MISC Bhd has placed an order to build as many as four tankers, reports said. The contract value for the four 38,000 dwt carriers is estimated collectively to be in the region of $200m. Business Times reported that MISC had commissioned STX Shipbuilding Co., to build the petrochemical carriers. The contract was signed in Kuala Lumpur some two weeks ago between MISC and STX. Under the terms of the agreement, MISC will start receiving the tankers by as early as 2009. MISC, which has contracts with parent Petronas to carry the state-owned company's oil and gas exports, registered net sales of RM10.76 billion, together with net income of RM2.94 billion for the financial year ended March 2006. Source: Business times

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter July 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Tanker Trends

First US LNG Shipment Goes to China

The first liquefied natural gas vessel from the lower 48 U.S. states is on its way to China, according to a Reuters interactive map on Friday, the latest sign that

Libyan Oil Exports to Resume from Closed Ports

Libyan oil exports from closed ports should resume in no more than one to two weeks after a deal was signed between the government and an armed brigade controlling the terminals,

Asia Tankers-VLCC Rates Falter on Oil, Tanker Supplies

MidEast, West Africa rates hit 11-month low. Freight rates for very large crude carriers (VLCCs), which hit an 11-month low this week, could slide further next

 
 
Maritime Security Maritime Standards Naval Architecture Navigation Pipelines Pod Propulsion Ship Repair Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0482 sec (21 req/sec)