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MISC companies manage first Liquefied Natural Gas Bunker Vessel in ASEAN region

18 Nov 2020

International energy related maritime solutions and services provider, MISC Berhad on Monday (16 November) said Future Horizon Pte Ltd, and Eaglestar Shipmanagement Ltd (Eaglestar) proudly marked their maiden foray respectively as the commercial operator and ship manager of the region’s first dual-purpose Liquefied Natural Gas Bunker Vessel (LBV) – Avenir Advantage.

Future Horizon is a joint venture between MISC and Avenir LNG Limited, to manage Avenir Advantage which is chartered by Petronas LNG Sdn Bhd for a period of three (3) years.

Eaglestar Shipmanagement  is a wholly-owned subsidiary of MISC appointed to provide shipmanagement services for Avenir Advantage by Future Horizon. 

With this appointment, Eaglestar will take the lead as the region’s first ship manager of this dedicated LBV in South East Asia, said MISC. 

“The recent inaugural bunker delivery was a shared success which will forever be marked and remembered by all in the maritime industry as a historic achievement for Malaysia,” said Yee Yang Chien, MISC President and Group Chief Executive Officer.

 “I would like to take this opportunity to thank the Marine Department of Malaysia and our charterer – Petronas LNG Sdn. Bhd for the trust and confidence in us to support the aspiration to strengthen Malaysia’s position as a LNG bunkering hub for the region. 

“Our sincere appreciation to our joint venture partner – Avenir LNG Limited for the successful collaboration.

 “To all the crew members serving onboard Avenir Advantage, a salute to all of you for the professional and seamless end to end technical management from the start of the first loading operation at FSU Tenaga Satu right up to the successful maiden bunker delivery which were all done safely amidst the disruptions brought about by the global COVID-19 pandemic.”

Related: Malaysia: Petronas performs first ship-to-ship LNG bunkering operation at Pasir Gudang
Related: Malaysia: Godell Gas International enters into LNG bunkering partnership with Petronas
Related: MISC and Avenir collaboration support Petronas LNG bunkering ambition

Photo credit: Avenir LNG Pte Ltd
Published: 18 November, 2020


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