Malaysia Intl Shipping signs pact with Bergessen, Single Buoy Mooring

Malaysia International Shipping Corp Bhd (MISC) has signed preliminary agreements with two European groups to enable it to move into the global oil and gas market. The shipping company said it has signed an initial accord with Norway’s Bergesen Worldwide Ltd, a leading provider of floating production, storage and offloading (FPSO) units, to explore opportunities in the liquefied petroleum gas production sector.