Malaysia shipping firm MISC Bhd and China LNG Shipping (Holdings) Co will build a tanker to transport liquefied natural gas between the two countries, a Malaysian business weekly reported.
The companies will have equal stakes in the joint venture to build the vessel which would cost about $150 million-$200 million, The Edge said, citing unnamed sources.
MISC was not immediately available for comment.
The companies will have equal stakes in the joint venture to build the vessel which would cost about $150 million-$200 million, The Edge said, citing unnamed sources.
MISC was not immediately available for comment.