Feb.13.2018
         

MISC says LNG tonnage oversupply to continue in 2018, posts 87.1 pct drop in Q4 profit

Malaysia’s MISC, one of the world’s largest LNG shipping companies, said Tuesday it expects tonnage oversupply to continue in the LNG shipping market this year as it posted an 87.1 percent drop in net profit in the fourth quarter. MISCs net profit plunged to 68.2 million ringgit ($17.3m) for the fourth quarter compared with 529.8 million ringgit […]
Source: LNG World News