MISC takes delivery of second VLEC

Malaysia’s MISC has taken delivery of a very large ethane carrier from South Korea’s Samsung Heavy Industries.

Seri Erlang is the second of the six contracted sister VLECs, purpose-built for long-term charter to China’s Zhejiang Satellite Petrochemical.

Moreover, the vessel will join Seri Everest to transport ethane from US to China to support STL’s ethane cracker facility.

MISC’s unit Eaglestar Shipmanagement Gas manages both of the carriers.

With more than 98,000 cbm of capacity, the newbuild has a reliquefaction unit and a high-pressure ethane fuel supply system.

Furthermore, the vessel’s propulsion includes a MAN B&W gas injection ethane engine, complemented with a pump vaporiser unit.

Built with a containment system for dual cargo loading, Seri Erlang also features ABS LNG-ready notation. This means the VLEC can be upgraded to trade liquefied natural gas cargoes in the future.

MISC expects the four remaining sister vessels to join throughout the first half of this year.

Upon delivery of all the VLECs, MISC says it would become the largest transporter of ethane in the world.

The Malaysian shipping firm owned by energy giant Petronas is already one of the largest operators of LNG carriers. The firm operates a fleet of 29 LNG carriers and two floating storage units.

Most Popular

China’s ENN inks LNG cooperation pact with Trafigura

Chinese independent gas distributor ENN has signed a memorandum of understanding with commodity trader Trafigura to explore cooperation in liquefied natural gas (LNG).

Australia’s Santos strengthens LNG portfolio with new deals

Australian LNG player Santos has signed two separate, non-binding LNG agreements that underscore the company’s growing global LNG portfolio position. Santos entered into a non-binding heads of agreement to buy LNG from the Ksi Lisims LNG project in Canada and the company agreed key commercial terms with South Korea's Posco Steel to supply the latter with LNG.

Glenfarne names Oliver Wood as global head of projects

US energy firm and LNG terminal developer Glenfarne has promoted Texas LNG director Oliver Wood to global head of projects.

More News Like This

South Korea’s Samsung Heavy secures order for LNG carrier quartet

South Korean shipbuilding giant Samsung Heavy Industries has secured an order to build four liquefied natural gas (LNG) carriers for approximately $1.05 billion.

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.

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.

Conrad, Samsung Heavy get ABS OK for LNG bunkering barge

Shipbuilders Conrad and Samsung Heavy received approval in principle from classification society ABS for the basic design of a 12,000-cbm LNG bunkering articulated tug-barge (ATB) intended for construction in the United States.