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06 April 2020 The on-line newspaper devoted to the world of transports 10:09 GMT+2

March 6, 2009

MISC says downcycle in shipping will linger

MISC Bhd, the world's largest carrier of liquefied natural gas, said the downcycle in the shipping industry is here to stay for the next two to three years.

Its president and chief executive officer Amir Hamzah told analysts during a recent briefing that the group has taken steps to safeguard assets as part of its response to the global financial crisis, Citi Investment Research said ......
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