Petronas, the Malaysian oil and gas company and leading floating LNG plant operator, has announced a 50th cargo lifting from the “PFLNG Satu” production hull, the first in the world to operate over a stranded gas field.

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Malaysian International Shipping Corp., whose liquefied natural gas fleet comprises 30 vessels among its 120 ships, posted lower first-quarter revenue and profits, though the outlook for the LNG sector was viewed by the company as positive.

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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.

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