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28th February 2018

MISC welcomes fourth Moss-type LNG carrier

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MISC Group, a world leading energy related maritime solutions and services provider has today taken delivery of Seri Camar, the fourth in a series of five MOSS-Type Seri C Class Liquefied Natural Gas (LNG) carriers. The 150,200 CBM LNG carrier has been built for MISC by Hyundai Heavy Industries (HHI), and benefits from an Integrated Hull Structure (IHS) with four spherical tanks shielded by a continuous cover, fortifying the vessel to allow for operation in even the harshest marine environments.

Seri Camar joins her sister MOSS-Type newbuilds Seri Cenderawasih, Seri Camellia and Seri Cempaka on long-term charter to PETRONAS.

Owned by MISC, the Malaysian-flagged vessel was delivered at a naming ceremony held at the HHI yard in Ulsan, South Korea, attended by PETRONAS Executive Vice President & CEO Upstream, Y. Bhg. Datuk Mohd Anuar Taib and his wife, Lady Sponsor to the vessel, Y. Bhg. Datin Mariani Ibrahim.

The naming and delivery ceremony today was also attended by MISC’s Chairman, Y. Bhg. Dato’ Ab. Halim Mohyiddin, MISC’s President/Group CEO, Mr. Yee Yang Chien, the President & CEO of Hyundai Heavy Industries Co., Ltd. (HHI) Mr. Hwan-Goo Kang as well as management and representatives from PETRONAS, MISC and HHI.

Speaking at the ceremony, Datuk Mohd Anuar Taib said, “Seri Camar demonstrates PETRONAS’ commitment to advancing its integrated LNG value chain with shipping solutions and innovative vessels. Together with its sister vessels, we look forward to maintaining our record in the safe and reliable delivery of LNG cargoes.”

Mr. Yee Yang Chien, President/Group CEO of MISC, said, “We’re proud to celebrate our 50th anniversary this year, growing from strength to strength to become one of the leading global providers of energy related maritime solutions and services. As we move forward and determined to be Better, Faster and Stronger, capacity building continues to be the Group’s primary focus to support this agenda, from fostering the dynamic talent of our seafaring professionals to modernising and expanding our fleet of vessels that is aligned with global standards in technology, safety and reliability.”

The MOSS-Type newbuilds are part of MISC’s long term fleet expansion programme and have been designed for worldwide trading capability to enable them to call at over 80 LNG receiving terminals and more than 26 liquefaction terminals in operation worldwide. Its robust and superior cargo containment system allows higher degree of flexibility for MISC to accommodate cargo loading operation at Floating LNG (FLNG) unit. This positions MISC as the first shipowner in the world to have operation experience with an FLNG unit.

Mr. Yee added “The naming and delivery of Seri Camar is a major milestone for MISC, not only being part of our fleet modernisation programmme but most importantly in our advocacy of sustainable LNG transportation that will further enhance our leading position in the global LNG shipping business. Thus, we are confident that our efforts will enable MISC to meet the evolving needs of our growing customer-base, as well as to help them to operate sustainably in an environmentally responsible manner as we strive in moving energy to build a better world.”

Along with the unique integrated hull design, the MOSS-Type vessels have been designed to minimise hull resistance, increase propulsion efficiency, reduce power requirements, and reduce CO2 emissions. Energy saving devices include pre-swirl duct and propeller boss cap fins, providing around 4% energy savings at design draft, along with an X-twister rudder for improved maneuvering performance.

The vessels have been awarded the Green Passport Notification and with an extended low-load gas mode meaning that they can operate entirely on LNG for full compliance with existing and impending Sulphur Emissions Control Area (SECA) regulations.

 


The delivery of Seri Camar brings the current number of MISC’s LNG fleet to 28 vessels, further strengthening MISC’s position as a reliable and safe transporter of LNG.

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