- MISC Berhad has taken delivery of Seri Erlang, its second very large ethane carrier (VLEC) at the Samsung Heavy Industries (SHI) shipyard.
- Seri Erlang will join its sister vessel, Seri Everest, to transport ethane from the U.S. to China to support STL’s ethane cracker facility in China.
- Seri Erlang and Seri Everest are expected to be joined by their four sister ships in the first half of this year.
- Upon delivery of all the VLECs, MISC said it would become the largest transporter of ethane in the world.
MISC Berhad (MISC), in their media release, announced that they have taken delivery of Seri Erlang, its second very large ethane carrier (VLEC), at the Samsung Heavy Industries (SHI) shipyard in Geoje, South Korea.
Vessel built for long term charter
Seri Erlang, purchased by MISC in July 2020, is the second of the six contracted VLECs, purpose-built for long-term charter to Zhejiang Satellite Petrochemical Co Ltd (STL).
Ethane transportation from US to China
MISC president and group chief executive officer Yee Yang Chien said Seri Erlang will join her sister vessel – Seri Everest, to safely transport ethane from the US to China to support STL’s ethane cracker facility in China.
“We are pleased indeed to make a brilliant start at the very beginning of 2021 with the safe delivery of Seri Erlang. We look forward to the delivery of the remaining four VLECs as we progress into 2021,” he said in a statement.
Vital centre for ethane market
Yee said the company remained positive for favorable developments in the industry and more opportunities in Asia, which has now become a vital demand centre for the ethane market.
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Source: MISC
