The 157,000-cbm dual-fuel diesel-electric vessel has been renamed SC Prestige.
No details regarding the purchase price have been revealed.
According to VesselsValue data, the vessel is worth approximately $76 million.
It was anchored offshore Malaysia’s Malacca on Thursday, where it arrived in June last year, the data shows.
Last year, Soechi Lines purchased the 2003-built steam turbine LNG carrier, Golar Arctic, from Golar LNG for approximately $24 million.
The vessel, now named SC Serenity, ships LNG to meet domestic LNG demand, especially from industrial requirements, according to Soechi Lines.
MISC’s LNG fleet
On the other hand, Malaysia’s LNG shipping player MISC, a unit of Petronas, sold three steam LNG carriers for scrap earlier this year.
The LNG vessels in question are the 2004-built 137,500-cbm, Puteri Zamrud Satu, the 2004-built 137,500-cbm, Puteri Firus Satu, and the 2005-built 137,500-cbm, Puteri Mutiara Satu.
Brokers also reported in October last year that MISC sold two of its steam LNG carriers for scrap.
These two LNG carriers are the 1995-built 130,300-cbm, Puteri Nilam, and the 1995-built 130,300-cbm, Puteri Delima.
MISC said in its first-quarter results report that it expects charter rates for modern LNG carriers to remain elevated relative to the pre-Middle East conflict period, underpinned by robust long-term LNG demand.
Meanwhile, steam LNG carrier rates are expected to remain subdued as charterers continue to favor more efficient and modern tonnage, MISC said.
MISC said its gas assets and solution business, which includes a fleet of LNG and ethane carriers, “continues to focus on advancing its fleet rejuvenation strategy through the delivery of modern and efficient LNGCs and securing new long-term charters.”
According to MISC’s website, it operates a fleet of 31 LNG carriers, including steam LNG carriers and five as part of joint ventures. It also has one chartered LNG bunkering vessel.
In addition to its operational vessels, MISC has LNG carriers on order, including its most recent orders for five LNG vessels at China’s Hudong-Zhonghua, which will serve 20-year charter deals with Petronas.
MISC also ordered its first LNG FSRU in South Korea, which will serve the planned Petronas Gas’ RGT-3 terminal in Malaysia.
