ALTERNATIVE FUELS & LUBRICANTS

MISC acquires STL VLECs

Malaysian energy shipping group MISC Berhad has reached an agreement with Zhejiang Satellite Petrochemical (STL) to acquire six very large ethane carriers once construction is completed.

MISC will become the third owner of VLEC tonnage when 6 VLECs under construction in South Korea are delivered later this year. (Image: MISC owned and operated LNG carrier Seri Cempaka, credit: MISC Berhad)

Malaysian energy shipping group MISC Berhad has reached an agreement with Zhejiang Satellite Petrochemical (STL) to acquire six very large ethane carriers once construction is completed.

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