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MISC 'hold', MAHB market perform', Kimlun 'hold',

MISC announced last Friday that it had signed a 16-year long-term charter contract with Hess Exploration and Production Malaysia BV for the lease of a floating, storage and offloading facility (FSO), known as FSO Mekar Bergading, on a bareboat basis.

Analyst Reports

Inari Amerton Bhd, IJM Corp Bhd, MISC Bhd and Ta Ann Holdings Bhd.

Weaker FY18, FY19 earnings expected for MISC

KUALA LUMPUR: Kenanga Research expects weaker FY18 and FY19 earnings for MISC Bhd on the back of continued losses in its petroleum shipping segment as spot petroleum shipping rates continue to show little signs of recovery due to tonnage oversupply.

Metal markets preparing for a new world disorder

Steel prices and aluminium premiums shooting up in US

Airbus raises 20-year market forecast in revamped format

LONDON: Airbus on Friday raised its forecast for aircraft demand over the next 20 years and shook up the way it predicts aircraft demand, introducing new categories from ‘Small’ to ‘Extra-Large’ and blurring the traditional boundaries between aircraft types.

MISC secures US$441mil long-term charter contracts from HESS

KUALA LUMPUR: MISC Bhd has secured a long-term charter contract worth US$441mil from Hess Exploration and Production Malaysia BV for the lease of a floating, storage and offloading facility (FSO) known as FSO Mekar Bergading on a bareboat basis.

US probe darkens Glencore's horizons from Africa to Americas

LONDON: The US corruption and money-laundering probe into Glencore Plc represents the sum of all fears for the world’s largest commodity trader and its billionaire chief executive officer, Ivan Glasenberg.

Affin Hwang positive on Velesto Naga 4 contract

Velesto Energy with an unchanged 12-month DCF-based target price of 35 sen following its receipt of a letter of award from ROC Oil (Sarawak).

Trading ideas: SCGM, Willowglen, Icon Offshore, GPacket

KUALA LUMPUR: SCGM Bhd, Willowglen MSC Bhd, Icon Offshore Bhd and Green Packet Bhd are among the stocks to watch, according to JF Apex Research.

Icon Offshore secures RM23m job from Hess Exploration

KUALA LUMPUR: Icon Offshore Bhd's unit has bagged a RM23mil contract to provide a utility vessel to Hess Exploration and Production Malaysia B.V.