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Shipping needs to face social inequality challenge seatrade-maritime.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seatrade-maritime.com Daily Mail and Mail on Sunday newspapers.
MISC sees better prospect as oil demand recovers | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
BCG Digital Ventures (BCGDV), a California-based digital business-building and corporate innovation arm of Boston Consulting Group (BCG), and Malaysia's shipping company MISC Group have unveiled a co-investment in three ventures to disrupt the maritime solutions space with deep tech. ....
MISC Bhd’s earnings for the second quarter ended June 30, 2020 (2Q20), fell 29.09% year-on-year (YoY) to RM299.5 million as the energy logistics provider took a heavy toll from recognition of impairments due to the impact of the Covid-19 pandemic and the downturn in the oil and gas (O&G) sector.The reduction in profit was mainly due to the recognition of an impairment loss amounting to RM300 million on property, plant and equipment, and right-of-use assets at its heavy engineering segment.Revenue for the quarter was up 1.1% YoY at RM2.19 billion due to higher contributions from its petroleum segment following improved freight rates and higher-earning days in the liquefied natural gas (LNG) segment. ....
LNG Carrier Seri Camar Delivered to MISC By Joseph R Fonseca May 1, 2018 Malaysian shipping firm MISC Group has taken delivery of Seri Cemara, the final vessel in a series of five MOSS-Type liquefied natural gas (LNG) carriers built for long-term charter to Petronas. The 150,200 CBM LNG carrier has been built for MISC by South Korean shipbuilder Hyundai Heavy Industries Co., Ltd. (HHI). Upon its delivery, Seri Cemara joins her sister MOSS-Type carriers Seri Camellia, Seri Cenderawasih, Seri Cempaka and Seri Camar on long-term charter to Petronas. The new generation of Seri C Class LNG carriers have been designed for worldwide trading capability to enable them to call at all major LNG terminals in the world as well as loading capability at floating LNG (FLNG) units. Seri Camellia, MISC s first MOSS-Type vessel made history in 2017 as the first in the world to have operational experience with Petronas FLNG Satu. ....