LNG

Royal Dutch Shell said it completed the sale of its 15 percent stake in liquefaction plant three at the Malaysian LNG Bintulu Complex in Sarawak for a net $650 million.

Malaysian International Shipping Corp., whose LNG fleet comprises almost 30 vessels, has taken delivery of an additional ship and newbuild, the “Seri Cemara”, the fifth in a series of five vessels with Moss-type storage tanks as the company makes advances in revenues and assets in cooperation with state energy company Petronas.