MBC To Receive New Tanker

Malaysian Bulk Carriers Bhd (MBC) expects the first of its four new medium-range tankers to be delivered next month, with the balance to be delivered in 2007. With the delivery of the four new mid-range tankers, the company's fleet size would increase to 21 vessels, Bernama reported. The cost of the tanker is about $30m-$31m per ship. (Source: Bernama)