Petronas' oil shipping arm to introduce 'greener' tankers

MISC wants to increase profits by 20% in the next four years

20191211 Petronas and misc

With sales and profit showing little growth in five years, MISC has ambitious expansion plans in the coming three-to-four years.

NANA SHIBATA, Nikkei staff writer

TOKYO -- The shipping arm of Malaysia's state oil company Petronas will replace half its tankers with lower-emission models by 2030 to help tackle climate change.

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