MISC & Zhejiang Satellite Ink Deals For Six Korean NewbuildVLECs

摘要

Kuala Lumpur-MISC Berhad has entered into purchase agreements with six indirect wholly-owned subsidiaries of Zhejiang Satellite Petrochemical (Satellite) for six newbuild very large ethane carriers (VLECs) to be built in South Korea. The 98,000-cu m VLECs, costing about $726-million, will be built by Samsung Heavy Industries and Hyundai Heavy Industries. They will construct three vessels each.