Malaysia International Shipping Corp’s (Misc) is selling off its 32-strong bulker fleet as part of plans to focus on liquefied natural gas (LNG) and oil transportation, according to a Malaysian Business Times report. The sale is expected to raise US$750 million. The wholly-owned subsidiary of state oil and gas company Petronas sold 15 of…
MALAYSIA: MISC sells off bulker fleet to focus on LNG and oil transportation (MEMBERS ONLY)
Posted on October 11, 2004 by EnergyAsia