MISC LNG Deal to Boost Earnings Profile

MISC Bhd is set to boost its earnings profile as it continues investing in newer vessels to support growing liquefied natural gas (LNG) trade.

The company has secured a letter of award for the long-term time charter of a newbuild 18,700 cubic m LNG carrier, which will commence charter operations in 2028.

This contract win is expected to enhance MISC's operational efficiency and reinforce its position as a key transporter in the global energy supply chain.

RHB Research has reaffirmed its positive outlook on MISC following this development.