MISC Bhd, a provider of energy shipping and maritime solutions, saw its first Very Large Ethane Carrier (VLEC) – Seri Everest – successfully completed her inaugural full cargo loading on Jan 17.
The landmark loading – the largest loading of ethane in the history of ethane shipping to date – was loaded under the expert supervision of Eaglestar, the appointed ship manager at the newly constructed Orbit Ethane Export Terminal in Nederland, US.
Seri Everest is the first second generation VLEC to export ethane out of the new terminal.
This historic milestone demonstrates MISC’s commitment to its client and its delivery assurance in accordance to the highest safety and quality standards, according to its president and group CEO Yee Yang Chien.
“I believe this is the start to many achievements ahead in serving the market needs for ethane,” Yee pointed out.
“The steady increase in trading volumes has allowed us to gain the first mover advantage as our vessels offer more cargo capacity to accommodate production growth.”
Seri Everest is the first from a series of six VLECs that MISC purchased in July 2020. All the six VLECs are contracted to Zhejiang Satellite Petrochemical Co Ltd for a long-term charter of 15 years.
Meanwhile, Seri Everest is currently on the return of her maiden voyage from the US to Lianyungang ethylene plant located at Jiangsu province, China.
Throughout her maiden voyage and during the operation, MISC and Eaglestar have adopted the new normal of robust safety measures and procedures including limited personnel onboard during operation, social distancing, and minimal close contact. – Jan 20, 2021
