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Malaysia’s prime delivery line, MISC, has got down to order extra LNG ships, with newbuilding slots reportedly reserved in South Korea.
South Korean shipbuilding sources have linked Samsung Heavy Industries and MISC to a letter of intent for 2 174,000 cu m models and a possible deal estimated at $511m.
Additional particulars haven’t been revealed, whereas some native sources speculate the order could also be associated to the operations of its largest shareholder, Petronas, who just lately added three new LNG ships to its fleet constructed at HD Hyundai Heavy yard in Ulsan.
MISC counts 26 LNG carriers in its fleet, in accordance with its web site, excluding 14 newbuilds, which embrace particular person and three way partnership orders. Early final yr, Samsung delivered two 174,000 cu m ships to MISC, that are on constitution to ExxonMobil’s SeaRiver Maritime. The 2 corporations have these days additionally been concerned within the improvement of a 100,000 cu m floating CO2 storage unit as a part of a partnership that took root in January final yr.
In different MISC-related market talks this week, the delivery large, which can also be one of many main gamers within the FPSO/FSO phase, had as soon as once more been linked to a possible stake acquisition in fellow floater specialist Bumi Armada. MISC mentioned in a inventory trade submitting earlier this week that there had been no confirmed deal.
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