MISC Sells LNG Carriers to Japanese Owner

September 19, 2023

MISC was represented by Mr Hazrin Hasan, MISC’s Vice President Gas Assets & Solutions (3rd from left) and Ms. Meei Wong, Head of Transformation (4th from left), with Nissen Kaiun represented by Captain Katsuya Abe, President of Nissen Kaiun (2nd from left). Witnessing this momentous occasion was Mr Yuichiro Nishikawa, General Manager, Mitsui & Co Ltd (1st from left). Photo courtesy MISC

MISC Berhad (MISC) entered into an agreement with Japanese ship owner, Nissen Kaiun Co., Ltd. (Nissen Kaiun) for the sale and charter of two of its existing LNG carriers.

MISC will transfer ownership of the LNG carriers to Nissen Kaiun, and simultaneously enter into a charter agreement with Eaglestar and Synergy Marine as the shipmanagers.

The first of the two vessels is expected to be delivered to Nissen Kaiun in the fourth quarter of 2023.

People & Company News • Contracts • Ship Sales • LNG