MISC takes delivery of second VLEC

Malaysia’s MISC has taken delivery of a very large ethane carrier from South Korea’s Samsung Heavy Industries.

Seri Erlang is the second of the six contracted sister VLECs, purpose-built for long-term charter to China’s Zhejiang Satellite Petrochemical.

Moreover, the vessel will join Seri Everest to transport ethane from US to China to support STL’s ethane cracker facility.

MISC’s unit Eaglestar Shipmanagement Gas manages both of the carriers.

With more than 98,000 cbm of capacity, the newbuild has a reliquefaction unit and a high-pressure ethane fuel supply system.

Furthermore, the vessel’s propulsion includes a MAN B&W gas injection ethane engine, complemented with a pump vaporiser unit.

Built with a containment system for dual cargo loading, Seri Erlang also features ABS LNG-ready notation. This means the VLEC can be upgraded to trade liquefied natural gas cargoes in the future.

MISC expects the four remaining sister vessels to join throughout the first half of this year.

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

The Malaysian 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

Excelerate buys GasLog LNG carrier

US FSRU player Excelerate Energy has purchased a 2007-built steam liquefied natural gas (LNG) carrier from GasLog Partners, a part of Greek LNG shipping firm GasLog, according to brokers.

NextDecade, Bechtel agree $9 billion EPC deals for two Rio Grande LNG trains

US LNG firm NextDecade and compatriot Bechtel have finalized EPC contracts worth $9.09 billion for the construction of the fourth and fifth trains and related infrastructure at the Rio Grande LNG facility in Texas.

Atlantic LNG shipping rates jump to $49,750 per day

Atlantic spot LNG shipping rates rose to $49,750 per day this week, while European prices also jumped compared to the previous week.

More News Like This

Samsung Heavy cancels LNG carrier contract with Russia’s Zvezda

South Korean shipbuilding giant Samsung Heavy Industries has terminated contracts for 10 ice-class Arc7 LNG carriers and seven shuttle tankers with Russia's Zvezda.

Steel cut for Cedar’s FLNG in South Korea

South Korea’s Samsung Heavy Industries has officially started building Cedar LNG's floating LNG production unit, which will be installed in Kitimat, on Canada’s West Coast.

Basalt adds another LNG carrier to its fleet

UK-based infrastructure investment firm Basalt Infrastructure Partners has added the 180,000-cbm LNG carrier, Celsius Galapagos, to its fleet.

Samsung Heavy, KR to develop three-tank LNG carrier

South Korean shipbuilder Samsung Heavy Industries signed a memorandum of understanding with compatriot classification society KR to jointly develop a 174,000-cbm LNG carrier featuring three cargo tanks.