MISC Confirms 4-Tanker Order

MISC Bhd said its wholly-owned subsidiary AET Inc Ltd has confirmed its order for four 107,500 dwt Aframax tankers from Japan's Tsuneishi Corp for US$260 million. The first tanker will be delivered in 2009 and the remaining three will be delivered in 2010, it said in a statement. MISC, a subsidiary of national oil company Petronas, said the order was in line with AET's commitment to be one of the premier petroleum logistics provider in the world. (Source: www.bernama.com.my)