0213 GMT - MISC's entry into carbon capture and storage shipping looks strategically positive, given high entry barriers and long-term structural growth potential, TA securities analyst Luqman Anwar says in a note. Together with Japan's Kawasaki Kisen, MISC has secured a 10-year charter for a newbuild liquefied CO2 carrier, with a second sister vessel expected to be awarded in April, he says. That marks its first commercial entry into the sector, he notes. The deal could open doors to future carbon capture and storage projects. However, earnings impact is expected to be limited in the near term, with vessel deliveries only from 2029, he adds. TA Securities downgrades its rating on MISC to hold from buy due to limited upside potential. It keeps its target price at MYR8.40. Shares are 1.9% higher at MYR8.15. (yingxian.wong@wsj.com)

(END) Dow Jones Newswires

February 02, 2026 21:13 ET (02:13 GMT)

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