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 September 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Tanker Trends

Teekay LNG Partners Declare Distribution

Teekay GP LLC, the general partner of Teekay LNG Partners L.P. has declared a cash distribution of $0.70 per unit for the quarter ended September 30, 2015. The

TMS Cardiff Gas Orders First LPG Carriers

TMS Cardiff Gas Ltd. has signed a contract with Hyundai Heavy Industries of Korea for the construction of two 78,700 cbm LPG carriers with the option to build another two.

Odfjell's Tanker Overhaul Seeks to Slash Emissions by 20%

Norwegian tanker shipper Odfjell announced it is upgrading the propulsion systems aboard 19 of its chemical tanker vessels in a move that aims to reduce its fuel

Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Naval Architecture Offshore Oil Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Sonar
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: 0.0913 sec (11 req/sec)