MISC sees steady LNG vessel revenue

MISC said revenue from LNG vessels business is expected to remain steady, supported by its portfolio long-term charters.

PETALING JAYA: MISC Bhd says long-term charters for its liquefied natural gas (LNG) tankers and strong demand in the floating production storage and offloading (FPSO) market as well as steady charter rates for its oil tankers will overcome any weakness in the heavy engineering business.

The shipping company said revenue from LNG vessels business is expected to remain steady, supported by its portfolio long-term charters.