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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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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