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NEWS UPDATES 2 September 2009

Malaysia’s MISC sells tankers en bloc

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Malaysia’s state-run shipping firm MISC Bhd has completed the en bloc sale of its Anggerik Class vessels comprising four 29,900 deadweight tonne single-hull chemical tankers for $14million, reported Bernama.

The sale of the vessels, built between 1989 and 1991, was in line with the company’s asset management strategy to phase out single hulled vessels.

The national shipping line, in a filing with Bursa Malaysia yesterday, said it only wanted to maintain a modern fleet of chemical tankers which was part of its chemical business unit’s trading requirements.


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