MISC Expands Its Chemical Fleet
26 March 2010

MISC Berhad, one of the world’s leading international shipping line is set to expand its global presence in the Chemical transportation business as it receives its largest Chemical tanker to-date into its growing fleet. To celebrate the coming into service of the 45,000 dwt Bunga Bakawali, the company yesterday held a maiden voyage ceremony onboard the vessel to mark its first call into Bintulu Port and its first official sailing from Bintulu to Bitung, Sulawesi.

Bunga Bakawali is the first in a series of four (4) Chemical tankers built for MISC by SLS Shipyard, South Korea. Delivered on 16 March 2010, the vessel sailed from Tong Yeong, South Korea to Bintulu to load her first shipment of Palm Oil.

Earlier in the month, MISC also saw the delivery of another of its chemical tanker, Bunga Alpinia. The vessel, the fourth of eight (8) 38,000 dwt chemical tankers ordered by MISC from the STX shipyard in Pusan, South Korea was delivered on 10 March 2010.

The coming into service of these two vessels brings the total of MISC’s owned and in-chartered fleet to 159, of which 22 are chemical tankers. Out of this, MISC currently owns a total of 12 chemical tankers.

The aggressive chemical fleet growth will provide MISC with the critical mass required to better serve its growing list of global customers in the vegetable-oil and petrochemical industry.