Petronas subsidiary Malaysia International Shipping Corp Bhd (MISC) is benefiting from the recent run-up in world oil demand which is boosting demand for tankers. The earnings of the energy transportation company are soaring with high oil prices and tanker rates, now at an eight-month high. MISC’s increasing involvement in the transportation of liquefied natural…
MALAYSIA: Energy transportation group MISC riding on high oil prices
Posted on October 8, 2004 by EnergyAsia