MISC sustainability agenda on track

MIDF Research says MISC’s growth prospects remain intact.

PETALING JAYA: MISC Bhd’s ability to secure its debut sustainability-linked loan (SLL) to finance six very large ethane carriers (VLECs) bodes well for the company’s environmental, social and governance (ESG) agenda.

It is noted that VLECs, which are mainly used to transport ethane and liquid petroleum gas, are regarded as one of the most sustainable sea transport vehicles in the world.