| shenayuwzv | Date: Monday, 05 Aug 2013, 18:46:33 | Message # 1 |
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MISC Bhd has gotten delivery of the eighth Very big Crude Carrier (VLCC), Bunga Kasturi Tiga increasing its fleet size to 109 vessels. The double hulled assuring of your respective art 300,397 dwt tanker has joined its sister vessels, Bunga Kasturi and Bunga Kasturi Dua, as one of the largest Malaysianflagged vessels todate. The arrival of this new VLCC will enable MISC, a subsidiary of Petronas, to be expanded beyond its existing capabilities by capitalising on other opportunities given by the expanding as well global energy market. The continuous growth of MISC's Petroleum fleet under its wholly owned subsidiary, AET Inc Ltd based on regional offices within london, Singapore and Houston can not only complement Petronas' business growth but probably provide MISC because of the critical mass it requires to better serve its customers globally. The Bunga Kasturi vessel
AET also strengthened its standing since world's second largest owneroperator of Aframax tankers using recent newbuilding order signed on Oct 29 for four 107,500 dwt Aframax tankers at about a total consideration of up to US$260mil. These tankers are likely to be built at Tsuneishi Corp of Japan shipyard and the first unit of one's Aframax tankers s going to be delivered last year and therefore the balance on the three remaining units will likely be delivered 2010. MISC said this has been in line with AET's deal with be said to be the premier petroleum logistics providers on earth. Including MISC's leading position within the LNG shipping services market, this significant move, which could be a component of MISC's planned development in the force transportation sector, should help MISC realise its goal of to be the preferred energybased shipping company on this planet. Like every of MISC's other VLCCs, Bunga Kasturi Tiga ended up being created with proven double hulled structure and remarkable full compliance meeting by far the most stringent regulations around the globe including that of 'oil majors', particularly in pollution control. They can be a fact which underpins MISC's strong look at safety and reliability, in addition to Corp's promise to the conservation of your natural marine environment. The space overall of these VLCC is approximately 330 metres with 60 metres in breadth, 29.7 metres more detailed, a draft of 21.6 metres as well as a service speed of 16 knots with cargo carrying capacity of 340,000 cubic metres of crude oil. The tanker was built by Universal Shipbuilding Corp (USC), Japan. Currently, (for instance newbuilding signed), the MISC Group features total of 31 vessels on order at various shipyards in Japan and Korea, but will are due for delivery by year 2010. Of those, eight are LNG tankers, 14 petroleum tankers, eight chemical tankers, and then one container ship.
MISC increases its VLCC fleet
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