This story requires a subscription
This includes a single user license.
Brokers said the LNG vessels in question are the 2004-built 137,500-cbm, Puteri Zamrud Satu, the 2004-built 137,500-cbm, Puteri Firus Satu, and the 2005-built 137,500-cbm, Puteri Mutiara Satu.
The vessels have reportedly been sold in Malaysia to an undisclosed buyer on an “as is” basis for delivery to Bangladesh.
The reported price is more than $11 million for each LNG carrier, or more than $33 million in total.
VesselsValue data suggests the demolition value of these LNG carriers is between $14 and $16 million.
Brokers also reported in October last year that MISC sold two of its steam LNG carriers for scrap.
These two LNG carriers are the 1995-built 130,300-cbm, Puteri Nilam, and the 1995-built 130,300-cbm, Puteri Delima.
MISC recently said that charter rates for steam turbine vessels are anticipated to remain subdued, reflecting the industry’s preference for modern vessels.
The company is one of the largest operators of LNG carriers, and most of them are on long-term charters.
According to MISC’s website, it has a fleet of 34 LNG carriers, including steam LNG carriers and five as part of joint ventures. It also has one chartered LNG bunkering vessel and three FSUs.
These five steam LNG carriers mentioned above are still listed in MISC’s fleet on its website.
In addition to its operational vessels, MISC has LNG carriers on order, including its most recent order for three LNG vessels at China’s Hudong-Zhonghua.
