MISC Group said has signed shipbuilding contracts for two LNG dual-fuel Suezmax tankers through its petroleum and product shipping arm AET, marking a further step in its fleet renewal and energy transition
MISC Group said has signed shipbuilding contracts for two LNG dual-fuel Suezmax tankers through its petroleum and product shipping arm AET, marking a further step in its fleet renewal and energy transition strategy.
The vessels will operate under long-term time charter party agreements, which the company said will strengthen financial resilience and support disciplined growth. The additions expand MISC’s global dual-fuel fleet, giving the group dual-fuel capability across all tanker segments it operates, including Aframaxes, shuttle tankers, Suezmaxes and very large crude carriers.
MISC said the orders reflect continued investment in cleaner, more energy-efficient shipping solutions and its commitment to supporting lower-carbon maritime operations in line with global net-zero goals.
In April 2024, the Group moved into ammonia dual-fuel capability with the signing of a time charter for a series of Aframax tankers. The initiatives form part of what the company describes as a dual-fuel pathway, using LNG as a transitional solution while preparing for future ammonia-fuelled operations.
“Today our fleet stands at 106 vessels. With the addition of these two LNG dual-fuel Suezmax tankers, MISC Group will have 21 newbuilds progressing through its fleet renewal pipeline and scheduled to enter our fleet over the next two to three years.
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