MISC orders four tankers

MISC Bhd, the world’s biggest owner of liquefied natural gas (LNG) tankers, has placed a fresh order to build as many as four tankers, executives familiar with the matter said yesterday.

The contract value for the four 38,000 deadweight tonne carriers is estimated collectively to be in the region of US$200 million (RM730 million).

Business Times was told that MISC had commissioned STX Shipbuilding Co, South Korea’s seventh largest shipyard, to build the petrochemical carriers.