MISC Berhad welcomes third Moss-type LNG carrier

Events, LNG, Marine Equipment Products and Services, Shipbuilding and Shipyards — By on July 27, 2017 at 12:05 PM

 

​MISC’s Third MOSS-Type LNG Carrier, the Seri Cempaka

Kuala Lumpur, 27 July 2017 –  Malaysia’s MISC Berhad (MISC), a world leading energy related maritime solutions and services provider has today taken delivery of Seri Cempaka, the third in a series of five Moss-Type Seri-C Class Liquefied Natural Gas (LNG) carriers. The 150,200 CBM LNG carrier has been built for MISC by Hyundai Heavy Industries (HHI), and benefits from an Integrated Hull Structure (IHS) with four spherical tanks shielded by a continuous cover, fortifying the vessel to allow for operation in even the harshest marine environments.

Seri Cempaka joins her sister MOSS-Type newbuilds Seri Cenderawasih, and Seri Camellia on long-term charter to PETRONAS.

Owned by MISC, the Malaysian-flagged vessel was delivered at a naming ceremony held at the HHI yard in Ulsan, South Korea, attended by Y. Bhg. Datuk George Ratilal, Executive Vice President and Group CFO, PETRONAS and his wife, Lady Sponsor to the vessel, Y. Bhg. Datin Teo Yin Hui. The naming and delivery ceremony today was also attended by MISC’s Chairman, Y. Bhg. Dato’ Ab. Halim Mohyiddin, MISC’s President/Group CEO, Mr. Yee Yang Chien, the President & CEO of Hyundai Heavy Industries Co., Ltd. (HHI) Mr. Hwan-Goo Kang as well as management and representatives from PETRONAS, MISC and HHI.

The Lady Sponsor, Y. Bhg. Datin Teo Yin Hui Officiating the Naming Ceremony of Seri Cempaka

The MOSS-Type newbuilds are part of MISC’s long term fleet expansion programme and have been designed for worldwide trading capability to enable them to call at all 80 LNG receiving terminals and 26 liquefaction terminals in operation worldwide. Its robust and superior cargo containment system allows a higher degree of flexibility for MISC to accommodate cargo loading operations at Floating LNG (FLNG) units. This positions MISC as the first shipowner in the world to have operations experience with an FLNG unit.

Along with the unique integrated hull design, the MOSS-Type vessels have been designed to minimise hull resistance, increase propulsion efficiency, reduce power requirements, and reduce CO2 emissions. Energy saving devices include pre-swirl duct and propeller boss cap fins, providing around 4% energy savings at design draft, along with an X-twister rudder for improved maneuvering performance.

YBhg Datuk George Ratilal, Executive Vice President and Group CFO, PETRONAS, commented: “Seri Cempaka and her sister MOSS-Type Seri C Class vessels are a feat of engineering that have placed operational efficiency and environmental responsibility at the core. The result is an LNG carrier of unrivalled performance, reflecting the commitment of our trusted partner, MISC, in supporting our global operations. For this, I would like to extend a special thank you to the team at Hyundai Heavy Industries as well as MISC’s Project Management Team for their hard work and perseverance in delivering Seri Cempaka to us today.”

The Naming and Delivery Ceremony of Seri Cempaka at the HHI Shipyard in Ulsan, South Korea

The vessels have been awarded the Green Passport Notification and with an extended low-load gas mode meaning that they can operate entirely on LNG for full compliance with existing and impending Sulphur Emissions Control Area (SECA) regulations.

Mr. Yee Yang Chien, President/Group CEO of MISC, said, “Over the past year, with the delivery of three of our five MOSS-Type LNG carriers, MISC has made significant strides in further enhancing our LNG business unit and capabilities for serving this growing market. We have done so by pursuing a very pragmatic fleet modernization and development programme designed to meet the changing needs of our growing customer-base, and to help them to operate sustainably and in an environmentally responsible manner in line with our aspirations in moving energy to build a better world.”

The delivery of Seri Cempaka brings the current number of MISC’s LNG fleet to 27 vessels, further strengthening MISC’s position as a reliable and safe transporter of LNG. A further two MOSS-Type Seri C Class vessels are under construction in South Korea.

 

About MISC Berhad

MISC Berhad (MISC), was incorporated in 1968 and is a world leading provider of international energy shipping and maritime solutions.

The principal businesses of the Group comprise energy shipping and its related activities, owning and operating offshore floating solutions, marine repair and conversion, engineering and construction works, maritime education and training. Its fleet consists of more than 110 owned and in-chartered LNG, Petroleum and Product vessels; as well as 14 floating facilities. The fleet has a combined capacity of approximately 12 million dwt.

Aside from its shipping business, maritime education is a priority for the Company and its Malaysian Maritime Academy (ALAM) is ranked amongst the top 10% of the world’s Maritime Education and Training (MET) institutions.

Operating a modern, well-diversified fleet and backed by a knowledgeable workforce of more than 10,000 employees from all corners of the globe; MISC is committed to impart quality services to our customers, creating value for our stakeholders and contributing to the sustainability of the Industry.

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