MISC sells two LNG carries to Japan's Nissen Kaiun

Malaysian shipping firm MISC, a unit of Petronas, has entered into a new partnership agreement with Japanese ship owner, Nissen Kaiun, for the sale and charter of two of its existing LNG carriers, MISc said on September 19.

Under the terms of the transaction, MISC will transfer ownership of the LNG carriers to Nissen Kaiun, and simultaneously enter into a charter agreement with Eaglestar and Synergy Marine as the shipmanagers.

The first of the two vessels is expected to be delivered to Nissen Kaiun in the fourth quarter of 2023.