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Kuala Lumpur-based MHB revealed this in its first-half results report on Friday.
The firm said it has strengthened its international presence with “new and repeat LNG vessel repair contracts across key markets, including Norway, the United Kingdom, the United States, and Greece.”
MHB said in its H1 results presentation that it has signed three new LNG frame agreements or en bloc contracts with Norwegian owner Knutsen, UK-based LNG giant Shell, and Greece’s Alpha Gas.
According to MHB, it has completed repair and maintenance works on 41 vessels of various
types, including nine LNG carriers in the first half of this year.
This compares to four LNG carrier repairs in the first half of 2024.
MBS said some of the notable LNG carrier repairs during the first half of this year include MISC‘s Seri Camar and Seri Ayu, Knutsen’s Sevilla Knutsen, and GasLog’s GasLog Wales.
MHB reported H1 revenue of 884.7 million ringgit ($209.3 million) and a profit before tax of 23 million ringgit.