MISC- Annual Report 2016

Market review With charter rates on the decline in 2016, FMS, which manages the LNG and Chemical Shipping fleets, focused its efforts on cost optimisation and efficiency whilst maintaining the highest standards of operation. Maintained a high overall vessel availability rate of above for the LNG and Chemical fleets 99% (Port State Control) detention rate ZERO LTI & ZERO PSC Achieved Operational Excellence Award at the annual Tanker Shipping & Trade Conference & Awards 2016 83 Performance Review

RkJQdWJsaXNoZXIy NDgzMzc=