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.

Dubbed the Next Generation shuttle tankers, the 123,000-dwt Eagle Balder and Eagle Blane are expected to emit 85% less SOx, 98% less NOx, 98% less particulate matter and 93% less black carbon particulates than similar shuttle tankers burning conventional fuel when they go in to service early next year.