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Sunday, 02 October 22
MISC STRENGTHENS ITS PARTNERSHIP WITH SEARIVER MARITIME
MISC Berhad (MISC) today announced that its subsidiaries Polaris LNG Three Pte. Ltd. and Polaris LNG Four Pte. Ltd. have secured long-term time charter contracts with SeaRiver Maritime LLC (SRM), a wholly-owned subsidiary of ExxonMobil, for two more Liquefied Natural Gas (LNG) carriers. The agreement brings the total number of contracts with SRM to four LNG carriers.
MISC, through the above subsidiaries, have also signed an agreement with a reputable shipbuilder for the construction of the LNG carriers in South Korea. These 174,000 cubic metres (cbm) LNG carriers will be chartered by SRM for a firm period of 10 years. They will be equipped with eco- efficient technologies such as X-DF 2.1 engines with Intelligent Control by Exhaust Recycling (iCER) System and Air Lubrication System which will contribute to the reduction of greenhouse gas (GHG) emissions.
Eaglestar Shipmanagement Gas (S) Pte. Ltd., a global integrated marine services provider, will be appointed to provide project management services during the shipbuilding phase, and to take charge of the operationalisation and shipmanagement of the vessels when they are delivered in 2026.
MISC’s President/Group Chief Executive Officer, Datuk Yee Yang Chien said “We are truly honoured with SRM’s continuous trust and recognition of MISC’s capabilities and expertise. MISC has been consistently stepping up our efforts by adopting innovative and responsible practices in our operations to support the maritime industry’s decarbonisation goals. The range of eco-efficient technologies that will be implemented on these new LNG carriers reflect our continuous commitment towards promoting a greener and more sustainable shipping industry.”
Datuk Yee added “The LNG shipping industry has evolved in line with the priorities of the global energy transition. MISC is proud to play a vital role to support the growing demand for cleaner energy, by ensuring safe, reliable and efficient marine transportation of LNG to our customers all over the world.”
In 2019, MISC secured 15-year time charter contracts for two LNG carriers from SRM. These vessels are currently under construction in South Korea and slated for delivery in the first quarter of 2023. The new long-term time charter contracts will further reinforce MISC’s leading position as one of the global players in the LNG shipping sector.
MISC is one of the largest single owner-operators of LNG tankers in the world with a distinguished reputation for overall operational excellence, reliability, safety and on-time cargo deliveries. Its Gas Assets & Solutions (GAS) fleet currently comprises 30 LNG carriers, six Very Large Ethane Carriers (VLEC) and two LNG Floating Storage Units (FSUs) with a combined deadweight tonnage (dwt) capacity of over two million tonnes.
Source: MISC Berhad
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Tuesday, 26 July 22
WILL SOUTH AMERICA’S WINTER DEMAND DRAW LNG CARGOES AWAY FROM EUROPE? - ICIS
South America is now in the middle of its winter demand season. Last year the region increased its share of global LNG imports in winter, with Braz ...
Monday, 25 July 22
GLOBAL 2021 COAL-FIRED ELECTRICITY GENERATION SURGES TO RECORD HIGH - REUTERS
By contrast, mine output was still fractionally below the record set between 2012 and 2014 because older and less efficient coal generators have be ...
Saturday, 23 July 22
THE EU HAS BEEN REDUCING IMPORTS OF RUSSIAN REFINED OIL PRODUCTS SINCE MARCH - BANCHERO COSTA
The European Union could now ban the import and transit of fuel oil from Russia around six months ahead of the planned deadline, an EU official and ...
Saturday, 23 July 22
INDONESIA CONSIDERING SCRAPPING DOMESTIC SALES RULE FOR PALM OIL EXPORTS - REUTERS
Indonesia is considering removing a domestic sales requirement for palm oil exports because high inventories of the vegetable oil have been holding ...
Saturday, 23 July 22
STABILITY OF RUSSIAN GAS FLOWS REMAIN UNCERTAIN, DESPITE THE REOPENING OF NORD STREAM - WOOD MACKENZIE
Gazprom confirmed today that regular annual maintenance of Nord Stream is officially over and gas flows restarted at 63 million cubic metres per da ...
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- Miang Besar Coal Terminal - Indonesia
- Bhushan Steel Limited - India
- Tamil Nadu electricity Board
- Australian Coal Association
- Energy Link Ltd, New Zealand
- Neyveli Lignite Corporation Ltd, - India
- The State Trading Corporation of India Ltd
- VISA Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Parry Sugars Refinery, India
- Kepco SPC Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Madhucon Powers Ltd - India
- Sree Jayajothi Cements Limited - India
- Thiess Contractors Indonesia
- European Bulk Services B.V. - Netherlands
- GVK Power & Infra Limited - India
- Bhoruka Overseas - Indonesia
- Global Green Power PLC Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Petrochimia International Co. Ltd.- Taiwan
- Directorate General of MIneral and Coal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
- Coastal Gujarat Power Limited - India
- Medco Energi Mining Internasional
- Baramulti Group, Indonesia
- Chamber of Mines of South Africa
- Port Waratah Coal Services - Australia
- Intertek Mineral Services - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Alfred C Toepfer International GmbH - Germany
- Grasim Industreis Ltd - India
- Petron Corporation, Philippines
- Posco Energy - South Korea
- Attock Cement Pakistan Limited
- Sojitz Corporation - Japan
- Latin American Coal - Colombia
- Eastern Coal Council - USA
- Kartika Selabumi Mining - Indonesia
- Aboitiz Power Corporation - Philippines
- Makarim & Taira - Indonesia
- Electricity Authority, New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Wilmar Investment Holdings
- Merrill Lynch Commodities Europe
- Orica Australia Pty. Ltd.
- Marubeni Corporation - India
- Romanian Commodities Exchange
- ASAPP Information Group - India
- Kideco Jaya Agung - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Renaissance Capital - South Africa
- Mintek Dendrill Indonesia
- Aditya Birla Group - India
- Leighton Contractors Pty Ltd - Australia
- Timah Investasi Mineral - Indoneisa
- International Coal Ventures Pvt Ltd - India
- Sakthi Sugars Limited - India
- Oldendorff Carriers - Singapore
- PTC India Limited - India
- Formosa Plastics Group - Taiwan
- Gujarat Sidhee Cement - India
- Metalloyd Limited - United Kingdom
- Sinarmas Energy and Mining - Indonesia
- Indo Tambangraya Megah - Indonesia
- Savvy Resources Ltd - HongKong
- Sarangani Energy Corporation, Philippines
- Mjunction Services Limited - India
- Indogreen Group - Indonesia
- Bangladesh Power Developement Board
- CIMB Investment Bank - Malaysia
- McConnell Dowell - Australia
- Bharathi Cement Corporation - India
- IEA Clean Coal Centre - UK
- Globalindo Alam Lestari - Indonesia
- Meralco Power Generation, Philippines
- Anglo American - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- SN Aboitiz Power Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Kapuas Tunggal Persada - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Economic Council, Georgia
- Semirara Mining and Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- Deloitte Consulting - India
- Heidelberg Cement - Germany
- SMG Consultants - Indonesia
- Siam City Cement - Thailand
- Altura Mining Limited, Indonesia
- Power Finance Corporation Ltd., India
- Georgia Ports Authority, United States
- Karaikal Port Pvt Ltd - India
- Sical Logistics Limited - India
- Siam City Cement PLC, Thailand
- London Commodity Brokers - England
- Carbofer General Trading SA - India
- Samtan Co., Ltd - South Korea
- Indian Energy Exchange, India
- Maheswari Brothers Coal Limited - India
- Salva Resources Pvt Ltd - India
- Videocon Industries ltd - India
- Kohat Cement Company Ltd. - Pakistan
- AsiaOL BioFuels Corp., Philippines
- Independent Power Producers Association of India
- GN Power Mariveles Coal Plant, Philippines
- Bukit Makmur.PT - Indonesia
- Coal and Oil Company - UAE
- Jindal Steel & Power Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Iligan Light & Power Inc, Philippines
- Minerals Council of Australia
- Energy Development Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Rio Tinto Coal - Australia
- GMR Energy Limited - India
- Therma Luzon, Inc, Philippines
- Trasteel International SA, Italy
- Cement Manufacturers Association - India
- Parliament of New Zealand
- Lanco Infratech Ltd - India
- Central Electricity Authority - India
- Binh Thuan Hamico - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- Kumho Petrochemical, South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- New Zealand Coal & Carbon
- Ministry of Mines - Canada
- CNBM International Corporation - China
- PowerSource Philippines DevCo
- Ministry of Finance - Indonesia
- Indonesian Coal Mining Association
- Central Java Power - Indonesia
- Chettinad Cement Corporation Ltd - India
- Barasentosa Lestari - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Directorate Of Revenue Intelligence - India
- Bahari Cakrawala Sebuku - Indonesia
- LBH Netherlands Bv - Netherlands
- Riau Bara Harum - Indonesia
- The University of Queensland
- Larsen & Toubro Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Star Paper Mills Limited - India
- San Jose City I Power Corp, Philippines
- TeaM Sual Corporation - Philippines
- Semirara Mining Corp, Philippines
- MS Steel International - UAE
- Borneo Indobara - Indonesia
- Banpu Public Company Limited - Thailand
- SMC Global Power, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Africa Commodities Group - South Africa
- Mercuria Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Vedanta Resources Plc - India
- Global Coal Blending Company Limited - Australia
- Antam Resourcindo - Indonesia
- Malabar Cements Ltd - India
- Uttam Galva Steels Limited - India
- Kaltim Prima Coal - Indonesia
- Edison Trading Spa - Italy
- Global Business Power Corporation, Philippines
- Commonwealth Bank - Australia
- PetroVietnam Power Coal Import and Supply Company
- Vijayanagar Sugar Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Vizag Seaport Private Limited - India
- ICICI Bank Limited - India
- Manunggal Multi Energi - Indonesia
- Dalmia Cement Bharat India
- Agrawal Coal Company - India
- Ministry of Transport, Egypt
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhatia International Limited - India
- Krishnapatnam Port Company Ltd. - India
- Xindia Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Tata Chemicals Ltd - India
- Straits Asia Resources Limited - Singapore
- Mercator Lines Limited - India
- Bulk Trading Sa - Switzerland
- Australian Commodity Traders Exchange
- Goldman Sachs - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Thai Mozambique Logistica
- Standard Chartered Bank - UAE
- Coalindo Energy - Indonesia
- Singapore Mercantile Exchange
- Ambuja Cements Ltd - India
- Sindya Power Generating Company Private Ltd
- Indian Oil Corporation Limited
- Eastern Energy - Thailand
- Wood Mackenzie - Singapore
- Planning Commission, India
- Ind-Barath Power Infra Limited - India
- Toyota Tsusho Corporation, Japan
- Orica Mining Services - Indonesia
- Bukit Baiduri Energy - Indonesia
- The Treasury - Australian Government
- Simpson Spence & Young - Indonesia
- White Energy Company Limited
- India Bulls Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Gujarat Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- Interocean Group of Companies - India
- Essar Steel Hazira Ltd - India
- Indika Energy - Indonesia
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