Malaysia's MISC Signs Time Charter Contracts With Exxon Mobil Unit
09.30.2022 By Ella Keskin - NEWS

September 30, 2022 [Reuters] – Subsidiaries of Malaysian-based MISC Berhad (MISC.KL) have signed long-term charter contracts with a unit of Exxon Mobil (XOM.N) for two liquefied natural gas (LNG) carriers, MISC said on Friday.

 

MISC, through its subsidiaries Polaris LNG Three Pte Ltd and Polaris LNG Four Pte Ltd, have also signed an agreement to build the carriers in South Korea, it said in a statement.

The 174,000-cubic meter LNG carriers will be chartered for 10 years by Exxon Mobil unit, SeaRiver Maritime LLC (SRM).

The agreement brings the total number of contracts with SRM to four LNG carriers,” MISC said, adding that it had previously signed 15-year time charter contracts with SRM in 2019.

The vessels being built in South Korea are set for delivery in the first quarter of 2023.

 


Pro Trial: Access 11,340 Tank Terminal and Production Facilities

11,340 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

Tangier Island Awarded $2.3 Million Grant for Fuel Storage
06.20.2024 - NEWS
June 20, 2024 [National Fisherman]- Tangier Island, Va., sits in the middle of Chesapeake Bay wit... Read More
Sweco Supports VoltH2 in Design and Development of New Green Hydrogen Plant in The Netherlands
06.20.2024 - NEWS
June 20, 2024 [Public Now]- The European energy company VoltH2 has selected Sweco as its partner ... Read More
ONEOK Completes Acquisition of Gulf Coast NGL System
06.20.2024 - NEWS
June 20, 2024 [ONEOK]- ONEOK, Inc. announced that it has completed its acquisition of a system of... Read More
Phillips 66 Refining Margins Tighten on TMX Expansion Start-Up
06.20.2024 - NEWS
June 20, 2024 [Market Screener]- U.S. refiner Phillips 66 said on Tuesday its margins have tighte... Read More