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11 August 2020 The on-line newspaper devoted to the world of transports 08:58 GMT+2

November 9, 2000

MISC to invest US$1b in new LNG tankers

By Jagdev Singh Sidhu

Malaysia International Shipping Corp (MISC) will invest US$1bil for the acquisition of new tankers, said managing director and chief executive officer Datuk Mohd Ali Yasin.

Funding for the new tanker orders would be on a debt-to-equity ratio of 60:40 and the national flag carrier would probably tap the global markets to raise US$600mil, ......
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