Malaysia’s MISC says it completed largest ethane delivery

Malaysia’s MISC said its first very large ethane carrier has completed what it says is the biggest delivery in the history of ethane shipping.

The shipping firm’s Seri Everest completed its first cargo discharge at Zhejiang Satellite Petrochemical’s Lianyungang ethane plant in China’s Jiangsu on January 28.

During the loading operation managed by Eaglestar, it delivered more than 51,000 MT of ethane at the plant, according to MISC.

Prior to the delivery in China, the vessel loaded the cargo at Orbit’s new export facilities in Nederland, Texas. Energy Transfer and Satellite Petrochemical USA own the Nederland terminal where Seri Everest completed the maiden call.

Both the loading and discharge mark the largest in the history of ethane shipping to date, MISC claims.

MISC took delivery of Seri Everest in October 2020, followed by its sister vessel Seri Erlang, in January this year. The shipping firm’s second VLEC is currently on its maiden voyage to the US.

The Malaysian shipping firm expects to take delivery of the remaining four VLECs within the first half of 2021. They will all go on a charter to Zhejiang Satellite for a period of 15 years.

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

Moreover, the 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

South Korea’s Posco says first LNG carrier to start ops in H2

Posco International, a unit of South Korean steel producer Posco, plans to start shipping LNG with its first dedicated LNG carrier in the second half of this year.

Canada’s Cedar LNG names FLNG

Canada’s Cedar LNG, a joint venture of Canada’s Pembina Pipeline and the Haisla Nation, has picked a name for its floating LNG facility, which will be located in the traditional territory of the Haisla Nation, on Canada’s West Coast.

Wilhelmshaven LNG jetty ready to welcome Excelerate’s FSRU

Dutch marine contractor Van Oord announced on Monday it had completed the new jetty for its client, state-owned LNG...

More News Like This

China’s Hudong-Zhonghua delivers its 50th LNG carrier

Chinese shipbuilder Hudong-Zhonghua has delivered its 50th liquefied natural gas (LNG) carrier.

QatarEnergy LNG carrier named in China

China’s Hudong-Zhonghua hosted a naming ceremony for one 174,000-cbm liquefied natural gas (LNG) carrier built as part of the massive QatarEnergy shipbuilding program.

Precious Shipping’s new Malaysian JV targets LNG and LPG carriers

Precious Shipping's new Malaysian joint venture with Emstraits Navigation and Lianson Fleet Group will be looking to acquire liquefied natural gas (LNG), liquefied petroleum gas (LPG), and crude tankers.

Capital sells LNG carrier for scrap

Greece's Capital Gas has sold one steam liquefied natural gas (LNG) carrier for scrap, according to brokers.