PETROLEUM SHIPPING BUSINESS SEGMENT REVIEW 2014 has been a turnaround year for the tanker market following a five-year period of depressed global economy and poor freight rates. With tanker delivery at its lowest in 10 years and an improved tonnage demand, this has helped to balance the supplydemand dynamics. HIGHLIGHTS OF 2014: • Outperform expectations • Eagle Parana & Eagle Paraiba fully operationalised • Received delivery of second MCV, Eagle Louisiana MISC BERHAD - Annual Report 2014 p 60 PRESIDENT/ CEO’S REPORT
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