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 Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Tanker Trends

Pirates Approach Tanker in Bab El Mandeb

The U.S. Navy Maritime Liaison Office in Bahrain (MARLO) has advised that on or about 12:30 UTC on 14 April, the Master of an oil tanker reported being approached by a white-blue skiff in position 12.

Shippers Turn to Equity Markets as Sector Eyes Recovery

Shipping companies are turning to equity markets to fill a growing funding gap, betting that investors hungry for decent returns will provide capital to a sector

YPF Tenders to Buy Fuel Oil for June

State-run oil company YPF launched its second fuel oil tender in April, this time to buy two 50,000 metric ton cargoes (some 375,000 barrels each) to be received

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Naval Architecture Offshore Oil Pipelines Port Authority Salvage Ship Electronics Ship Simulators 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: 0.1038 sec (10 req/sec)