MISC expects LNG carrier charter rates to remain elevated

Malaysia’s LNG shipping player MISC, a unit of Petronas, expects LNG carrier charter rates to remain elevated relative to the pre-Middle East conflict period, underpinned by robust long-term LNG demand.

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MISC reports lower LNG earnings in Q2

Malaysia’s LNG shipping player MISC, a unit of Petronas, said its LNG business logged a drop in operating profit and revenue in the second quarter of this year. MISC also expects spot LNG carrier rates to remain volatile in the near term because of uncertainties around the Strait of Hormuz situation.

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MISC orders LNG vessel for charter to Petronas

Malaysian LNG shipping firm MISC has ordered one 18,700-cbm LNG carrier from China's Hudong-Zhonghua, backed by a 10-year charter deal with a unit of its parent Petronas.