MISC’s Seri Everest delivers first ethane cargo
KUALA LUMPUR: MISC Berhad (MISC) announced that Seri Everest, its first Very Large Ethane Carrier (VLEC), has successfully completed her first cargo discharge at Lianyungang port, Jiangsu province, China. Seri Everest’s first cargo of more than 51,000 MT of ethane was discharged safely on 28 February 2021 at the ethylene plant.
The successful completion of Seri Everest’s loading and discharge which was managed by Eaglestar Shipmanagement
Gas (S) Pte Ltd (Eaglestar) is to date, the largest in the history of ethane shipping. The cargo was loaded from Orbit Terminal, Nederland, United States of America (USA) where Seri Everest was the first VLEC to call on the new terminal.
MISC’s president and group chief executive Oofficer, Yee Yang Chien said, “The recent positive development of Seri Everest is certainly a landmark achievement, driven by the strong passion and dedication of her crew from Eaglestar and the various teams at site and shore.
“This successful feat is a testament of our expertise and commitment in moving energy.
“I would like to take this opportunity to thank Zhejiang Satellite Petrochemical Co. Ltd. for their trust and confidence in us. We are certainly proud to support the growing needs of the ethane market and we look forward to sharing more developments as we progress further with our voyages in moving ethane safely and efficiently.”
Following the delivery of Seri Everest in October 2020, MISC took delivery of her sister vessel – Seri Erlang, in January 2021. Seri Erlang is currently on her maiden voyage to the US.
MISC is expected to take delivery of the remaining four VLECs within the first half of 2021. All six VLECs will be chartered to Zhejiang Satellite Petrochemical Co. Ltd. for a period of 15 years.