MISC takes delivery of sixth VLEC from Ulsan

KUALA LUMPUR: MISC Bhd has taken delivery of its sixth very large ethane carrier (VLEC) named Seri Elbert from Hyundai Heavy Industries shipyard in Ulsan, South Korea.

Seri Elbert and her sister vessels — Seri Everest, Seri Erlang, Seri Emei, Seri Emory and Seri Emperor — are a series of second generation VLECs.

All of them were acquired by MISC from Zhejiang Satellite Petrochemical Co Ltd (STL) in July last year.

MISC president and group chief executive officer Yee Yang Chien said the delivery was a culmination of hard work and dedication of various teams at sea and shore, from the inception point of the project up till the delivery of Seri Elbert.

“Our VLECs play a prominent role in addressing the need for large capacity ethane carriers in the supply chain.”

MISC is the owner of the largest VLECs of its kind in the world with Eaglestar as the appointed shipmanager of all six VLECs.

“I would like to take this opportunity to wish the Master and crew of Seri Elbert, fair winds and following seas for their journey ahead,” he added.

The 98,000 cbm Seri Elbert and her five sister vessels are on a long-term charter to STL.

The six VLECs signify MISC’s entry into China and its position as the largest operator of VLECs in the niche and growing market of moving ethane globally.