MISC Takes Delivery Of Seri Erlang -Its Second Very Large Ethane Carrier
MISC Berhad (MISC) has taken delivery of Seri Erlang, its second Very Large Ethane Carrier (VLEC) at the Samsung Heavy Industries (SHI) shipyard in Geoje, South Korea. Purchased by MISC in July 2020, this VLEC is the second of the six contracted VLECs, purpose-built for long-term charter to Zhejiang Satellite Petrochemical Co. Ltd. (STL).
Seri Erlang will join her sister vessel -Seri Everest to safely transport ethane from U.S to China to support STL’s ethane cracker facility in China. Both VLECs are managed by MISC’s shipmanagement arm, Eaglestar Shipmanagement Gas (S) Pte. Ltd.
Second VLEC newbuild joins MISC January 7, 2021, by Naida Hakirevic
MISC Berhad, a Malaysia-based provider of energy-related maritime solutions and services, has taken delivery of Seri Erlang, its second very large ethane carrier (VLEC) at the Samsung Heavy Industries (SHI) shipyard in Geoje, South Korea.
Image Courtesy: MISC
The 98,000 cbm newbuild is the second of the six VLECs acquired by MISC in July 2020. With this purchase, the company entered the global ethane market. Related Article
All six units are purpose-built for long-term charter to Zhejiang Satellite Petrochemical Co. Ltd. Seri Erlang will join its sister vessel, Seri Everest, to transport ethane from the U.S. to China to support STL’s ethane cracker facility in China. Both VLECs are managed by MISC’s ship management arm, Eaglestar Shipmanagement Gas (S) Pte. Ltd. The first newbuild was handed over to MISC in late October 2020.
Photo Courtesy MISC Berhad
Seri Everest, the first in a series of three 98,000 cbm Very Large Ethane Carriers (VLECs) built at Samsung Heavy Industries Co., Ltd. (SHI) and delivered to MISC Berhad on October 30, 2020. Seri Everest is the first from a series of six VLECs that MISC purchased in July 2020. As a second generation VLEC, Seri Everest is one of the largest vessels of its kind in the world.
With the delivery of MISC’s first VLEC – Seri Everest, she has set a new benchmark in the ethane market. Seri Everest has the capacity of transporting ethane in large volumes over long distances, while ensuring the highest level of safety and reliability. At present, Seri Everest is the largest VLEC operating in the market, and MISC will be the largest transporter of Ethane in the world upon delivery of all her sister vessels, in this series. Seri Everest incorporates the latest state-of-the art technologies in various forms including multi-gas deep well pum