Kuala Lumpur-based MISC Berhad and its AET Tankers subsidiary are betting that renewed activity in the oil and gas markets will help them achieve their aims of re-equipping their extensive fleets with a new generation of LNG-fuelled ships.

Last week, Singapore-based AET officially named two LNG dual-fuel, dynamic-positioning shuttle tankers at Samsung Heavy Industries that were built against a seven-year contract with Equinor.