AsiaCorporateVessels

MISC: LNG carrier charter rates to remain soft

By LNG Prime Staff
MISC LNG carrier charter rates to remain soft through 2025
Image: MISC

Malaysia’s LNG shipping player MISC, a unit of Petronas, said on Monday that LNG carrier charter rates are expected to remain soft through 2025, primarily due to continued robust fleet expansion and subdued tonne-mile demand.

LNG Prime Annual Subscription Membership Required

You must be a LNG Prime Annual Subscription member to access this content.

Join Now

Already a member? Log in here

Most Popular

Contracts and Tenders

First Nations invest in LNG Canada pipeline

Canada's TC Energy, operator of the LNG Canada pipeline, said it had closed an agreement with FN CGL Pipeline, an Indigenous-led investment entity representing five First Nations along the Coastal GasLink corridor.
LNG Terminals

Germany’s HEH offers additional Stade LNG long-term capacity

Germany’s Hanseatic Energy Hub will offer additional long-term capacity to the market at its land-based liquefied natural gas (LNG) terminal in Stade.
LNG Terminals

PetroChina delivers first LNG cargo to Gate under long-term capacity deal

PetroChina International, a unit of state-owned PetroChina, has delivered its first LNG cargo to the Dutch Gate LNG import terminal in Rotterdam, owned by Gasunie and Vopak, under a long-term capacity deal.

More News Like This

Contracts and Tenders

MISC JV seals Malaysian LNG carrier charter deal

A joint venture of Malaysian LNG shipping firm MISC and Japan's NYK has signed a long-term charter agreement with Malaysia LNG (MLNG), a unit of Petronas and operator of the giant Bintulu LNG complex, for one 18,700-cbm LNG carrier.
Contracts and Tenders

Eni to sell stakes in Indonesian upstream assets

Italian energy firm Eni has signed agreements with Pertamina and Medco to sell stakes in upstream assets in Indonesia.
Vessels

MISC to order five more LNG carriers for Petronas charter

Malaysian shipping firm MISC will order five additional newbuild 174,000-cbm liquefied natural gas (LNG) carriers at China's Hudong-Zhonghua. The vessels will serve a 20-year charter with a unit of MISC's parent, Petronas.
Contracts and Tenders

Air Products to build Malaysia’s first LNG-based air separation unit

US-based Air Products said it had secured a contract to supply Malaysia’s first LNG-based air separation unit for the Petronas-led Pengerang LNG regasification terminal in Johor.