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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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Saturday, 25 March 23
COAL INDIA HAS STRONG CASE TO INCREASE PRICES, TALKS ON: CMD AGRAWAL - BUSINESS STANDARD
Coal India (CIL) Chairman and Managing Director Pramod Agrawal said on Monday there is a “strong case” for increasing coal prices, and ...
Saturday, 25 March 23
ASIAN CRUDE PALM OIL WATCH 1Q23 - FITCH RATINGS
Malaysian benchmark crude palm oil (CPO) spot prices have averaged around USD915 per tonne (t) so far in 1Q23, sharply lower than the average of ar ...
Saturday, 25 March 23
INDONESIA’S COAL EXPORT INCREASED BY 21.0% YOY TO 388.4 MLN T IN 2022 - BANCHERO COSTA
After a slow start in the first quarter, global coal trade has really picked up pace last year, and is now fully back to pre-Covid levels. In the f ...
Saturday, 25 March 23
GLOBAL LNG-ASIA SPOT PRICES SLIP AS WEAK NORTHERN DEMAND REMAINS - REUTERS
Asian spot prices of liquefied natural gas (LNG) declined this week, falling to a 21-month low, as weak demand in the northeast Asia region continu ...
Wednesday, 22 March 23
OIL PRICE FALL SPECULATIVE, TO HIT $140 BY YEAR-END -ANDURAND: REUTERS
The recent fall in oil prices due to banking jitters is speculative and oil will hit $140 a barrel by the end of the year, hedge fund manager Pierr ...
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- Jorong Barutama Greston.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Madhucon Powers Ltd - India
- CIMB Investment Bank - Malaysia
- Mercator Lines Limited - India
- Orica Mining Services - Indonesia
- Mintek Dendrill Indonesia
- Rio Tinto Coal - Australia
- Pendopo Energi Batubara - Indonesia
- Xindia Steels Limited - India
- Kaltim Prima Coal - Indonesia
- Central Electricity Authority - India
- Kumho Petrochemical, South Korea
- GAC Shipping (India) Pvt Ltd
- Parliament of New Zealand
- Lanco Infratech Ltd - India
- Posco Energy - South Korea
- Maharashtra Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- GVK Power & Infra Limited - India
- Alfred C Toepfer International GmbH - Germany
- Kohat Cement Company Ltd. - Pakistan
- Aboitiz Power Corporation - Philippines
- Edison Trading Spa - Italy
- Eastern Energy - Thailand
- SMC Global Power, Philippines
- Samtan Co., Ltd - South Korea
- Sojitz Corporation - Japan
- Miang Besar Coal Terminal - Indonesia
- The University of Queensland
- Semirara Mining and Power Corporation, Philippines
- Global Business Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Chamber of Mines of South Africa
- Kobexindo Tractors - Indoneisa
- Ministry of Finance - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Parry Sugars Refinery, India
- Bharathi Cement Corporation - India
- European Bulk Services B.V. - Netherlands
- Indo Tambangraya Megah - Indonesia
- Agrawal Coal Company - India
- Billiton Holdings Pty Ltd - Australia
- Ministry of Mines - Canada
- The Treasury - Australian Government
- Malabar Cements Ltd - India
- Savvy Resources Ltd - HongKong
- Renaissance Capital - South Africa
- GMR Energy Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Tata Chemicals Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Formosa Plastics Group - Taiwan
- Sindya Power Generating Company Private Ltd
- ICICI Bank Limited - India
- Barasentosa Lestari - Indonesia
- Indian Oil Corporation Limited
- Trasteel International SA, Italy
- Bahari Cakrawala Sebuku - Indonesia
- Dalmia Cement Bharat India
- Energy Development Corp, Philippines
- Antam Resourcindo - Indonesia
- Directorate Of Revenue Intelligence - India
- Indian Energy Exchange, India
- PowerSource Philippines DevCo
- Directorate General of MIneral and Coal - Indonesia
- Heidelberg Cement - Germany
- Videocon Industries ltd - India
- Gujarat Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- Larsen & Toubro Limited - India
- Interocean Group of Companies - India
- Merrill Lynch Commodities Europe
- Bukit Asam (Persero) Tbk - Indonesia
- VISA Power Limited - India
- Carbofer General Trading SA - India
- Kideco Jaya Agung - Indonesia
- Grasim Industreis Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Meenaskhi Energy Private Limited - India
- Medco Energi Mining Internasional
- Bukit Makmur.PT - Indonesia
- Bukit Baiduri Energy - Indonesia
- Salva Resources Pvt Ltd - India
- London Commodity Brokers - England
- Offshore Bulk Terminal Pte Ltd, Singapore
- Anglo American - United Kingdom
- SN Aboitiz Power Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Deloitte Consulting - India
- Bangladesh Power Developement Board
- Intertek Mineral Services - Indonesia
- Global Green Power PLC Corporation, Philippines
- Baramulti Group, Indonesia
- Binh Thuan Hamico - Vietnam
- Standard Chartered Bank - UAE
- Australian Coal Association
- Uttam Galva Steels Limited - India
- Siam City Cement - Thailand
- Bayan Resources Tbk. - Indonesia
- Timah Investasi Mineral - Indoneisa
- Eastern Coal Council - USA
- LBH Netherlands Bv - Netherlands
- PTC India Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Electricity Generating Authority of Thailand
- Port Waratah Coal Services - Australia
- Latin American Coal - Colombia
- Ambuja Cements Ltd - India
- Toyota Tsusho Corporation, Japan
- Petrochimia International Co. Ltd.- Taiwan
- Independent Power Producers Association of India
- Jindal Steel & Power Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Sree Jayajothi Cements Limited - India
- Planning Commission, India
- Oldendorff Carriers - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coal and Oil Company - UAE
- Leighton Contractors Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Sidhee Cement - India
- Singapore Mercantile Exchange
- Australian Commodity Traders Exchange
- Meralco Power Generation, Philippines
- Bhushan Steel Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Power Finance Corporation Ltd., India
- McConnell Dowell - Australia
- PNOC Exploration Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Global Coal Blending Company Limited - Australia
- The State Trading Corporation of India Ltd
- Krishnapatnam Port Company Ltd. - India
- Bhoruka Overseas - Indonesia
- Kartika Selabumi Mining - Indonesia
- Goldman Sachs - Singapore
- Indogreen Group - Indonesia
- IHS Mccloskey Coal Group - USA
- New Zealand Coal & Carbon
- Vijayanagar Sugar Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement PLC, Thailand
- ASAPP Information Group - India
- Chettinad Cement Corporation Ltd - India
- Wood Mackenzie - Singapore
- Commonwealth Bank - Australia
- Romanian Commodities Exchange
- Aditya Birla Group - India
- Makarim & Taira - Indonesia
- Energy Link Ltd, New Zealand
- Jaiprakash Power Ventures ltd
- Altura Mining Limited, Indonesia
- Therma Luzon, Inc, Philippines
- Metalloyd Limited - United Kingdom
- Orica Australia Pty. Ltd.
- Kalimantan Lumbung Energi - Indonesia
- Coalindo Energy - Indonesia
- Riau Bara Harum - Indonesia
- SMG Consultants - Indonesia
- White Energy Company Limited
- Vedanta Resources Plc - India
- Georgia Ports Authority, United States
- Ind-Barath Power Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
- Essar Steel Hazira Ltd - India
- Karaikal Port Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vizag Seaport Private Limited - India
- Ministry of Transport, Egypt
- Price Waterhouse Coopers - Russia
- Tamil Nadu electricity Board
- Manunggal Multi Energi - Indonesia
- International Coal Ventures Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- San Jose City I Power Corp, Philippines
- Sarangani Energy Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Bhatia International Limited - India
- Indika Energy - Indonesia
- Africa Commodities Group - South Africa
- Mercuria Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Sical Logistics Limited - India
- Thiess Contractors Indonesia
- OPG Power Generation Pvt Ltd - India
- Indonesian Coal Mining Association
- Bulk Trading Sa - Switzerland
- Wilmar Investment Holdings
- Attock Cement Pakistan Limited
- MS Steel International - UAE
- Petron Corporation, Philippines
- Cement Manufacturers Association - India
- Rashtriya Ispat Nigam Limited - India
- Gujarat Mineral Development Corp Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- India Bulls Power Limited - India
- Kepco SPC Power Corporation, Philippines
- CNBM International Corporation - China
- Semirara Mining Corp, Philippines
- Iligan Light & Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Star Paper Mills Limited - India
- Kapuas Tunggal Persada - Indonesia
- Economic Council, Georgia
- Electricity Authority, New Zealand
- Sakthi Sugars Limited - India
- Minerals Council of Australia
- Holcim Trading Pte Ltd - Singapore
- Mjunction Services Limited - India
- Marubeni Corporation - India
- Thai Mozambique Logistica
- IEA Clean Coal Centre - UK
- Neyveli Lignite Corporation Ltd, - India
- Borneo Indobara - Indonesia
- Globalindo Alam Lestari - Indonesia
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