Strong start of the year for MISC

TheStar Fri, Feb 03, 2023 12:00am - 1 year View Original


MIDF REsearch says it maintains its “neutral” call on MISC with a target price of RM7.77.

PETALING JAYA: The addition of two new-generation liquefied natural gas (LNG) carriers, Seri Damai and Seri Daya, to MISC Bhd’s fleet of LNG carriers is a strong start for 2023.

More importantly, MIDF Research said it also represented a step forward in supporting a net-zero future for the LNG industry.

On Tuesday, MISC announced that it had delivered the two LNG vessels to Exxonmobil’s subsidiary, SeaRiver Maritime.

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