MISC secures time charter parties worth US$711m from ExxonMobil

MISC secures time charter parties worth US$711m from ExxonMobil

The Edge Markets - Malaysia·2019-10-10 13:35

KUALA LUMPUR (Oct 10): MISC Bhd has secured two time charter parties (TCPs) from ExxonMobil Corp with an estimated combined value of US$711 million.

In a filing to Bursa Malaysia today, MISC said its vessel-owning entities, namely Polaris LNG One Pte Ltd (Polaris 1) and Polaris LNG Two Pte Ltd (Polaris 2), had signed the TCPs with ExxonMobil's unit SeaRiver Maritime LLC for the time charter of two newbuild liquefied natural gas carriers for operations in international waters.

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