MISC Bhd

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MISC Berhad
Type Public listed company
Founded 1968
Headquarters Kuala Lumpur, Malaysia
Key people Chairman: Tan Sri Dato Sri Mohd Hassan bin Merican
CEO: Dato’ Shamsul Azhar bin Abbas
Industry Logistics
Products Shipping
Revenue ▲ RM11.20 billion (2007)
Website www.misc.com.my

MISC Berhad (MYX: 3816) incorporated in 1968 as Malaysia International Shipping Corporation Berhad, is the leading international shipping line of Malaysia. Its main shareholder is Petroliam Nasional Berhad (PETRONAS), the national oil conglomerate of Malaysia. The principal business of the Corporation consist of ship-owning, ship-operating and other logistics and maritime transportation services. With a modern and well-diversified fleet of 139 vessels and a combined tonnage of 8,000,000 metric tons of deadweight (DWT).

MISC is a specialist in the carriage of Liquefied Natural Gas (LNG). With 18 LNG carriers, it is currently the world’s largest single owner/operator of LNG fleet. MISC’s 43 crude oil and 5 product petroleum tankers of between 6,000 DWT – 299,999 DWT each carry crude oil, unleaded gasoline, gas oils and jet fuel.

In July 2003, MISC spread its wing in the petroleum tanker business through the acquisition of American Eagle Tankers (AET). The acquisition is a major boost for MISC in its drive to become the leading global energy transport provider. AET provides a strong growth platform for MISC in the Atlantic Basin complementing its existing Persian Gulf – Far East operations. With AET, MISC is now the second largest owner-operator of Aframax tanker fleet in the world.

In 2005, MISC adopted its present corporate identity and changed its name from Malaysia International Shipping Corporation Berhad to MISC Berhad.

Contents

[edit] The fleet

The Corporation’s carried fleet consist of :

  • LNG Carriers
    • Seri "B" - Class, 1 ship (90,065 DWT)(105,335 gross register tons (GRT))
    • Seri "A" - Class, 5 ships (333,682 DWT) (382,916 GRT)
    • Puteri Satu - Class, 6 ships (456,409 DWT) (566,644 GRT)
    • Puteri - Class, 5 ships (367,595 DWT) (431,031 GRT)
    • Tenaga - Class, 5 ships (359,885 DWT) (402,550 GRT)
    • Aman - Class, 3 ships (32,877 DWT) (49,071 GRT)
  • Petroleum Tankers
    • VLCC - Class, 10 ships (3,036,255 DWT) (1,589,791 GRT)
    • Aframx - Class, 32 ships (3,310,476 DWT) (1,813,586 GRT)
    • Product - Class, 5 ships (68,050 DWT) (46,316 GRT)
    • LR2 - Class, 1 ship (104,385 DWT) (53,483 GRT)
  • Chemical Tankers
    • Melati Class, 7 ships (224,174 DWT) (155,088 GRT)
    • Anggerik Class, 4 ships (119,877 DWT) (73,812 GRT)
    • Semarak Class, 2 ships (31,998 DWT) (19,902 GRT)
  • Container Ships
    • 3000 - 5000 TEUs Class, 3 ships (161,866 DWT) (132,543 GRT)
    • 1000 - 3000 TEUs Class, 8 ships (193,059 DWT) (154,216 GRT)
    • Below 1000 TEUs Class, 6 ships (62,835 DWT) (53,898 GRT)
    • Above 5000 TEUs Class, 2 ships (207,490 DWT) (179,552 GRT)
  • Other Carriers
    • Dry Bulk Class, 1 ship (73,127 DWT) (38,972 GRT)
    • LPG Class, 3 ships (10,264 DWT) (10,799 GRT)
  • Offshore Vessels
    • FPSO Class, 3 ships (615,768  DWT)
    • FSO Class, 3 ships (244,790 DWT)

[edit] Main activities

Container Related [1]

Energy [1]

  • Oil and Gas - With a fleet of 24 LNG carriers, MISC is commonly engaged in Petroleum and Natural Gas transportation business. As of 30 June 2007, MISC has safely delivered more than 4000 LNG cargoes amounting to more than 200 million tonnes.

Shipping and Offshore [1]

  • From design to operation, MISC offers customers the full scope of offshore floating terminal services:
    • Project Management
    • Engineering
    • Procurement
    • Construction
    • Tanker Refurbishment and Life Extension
    • Tanker Conversion
    • Offshore Commissioning
    • Offshore Installation
    • Offshore Hook-up and Commissioning
    • Start-up
    • Operations
    • Maintenance

Other [1]

  • Marine and Heavy Engineering - Malaysian Marine and Heavy Engineering Sdn. Bhd. (MMHE) is company that focus on the fabrication, building and upgrading of deepwater vessels, drilling platforms and other oil and gas engineering construction.
  • Integrated Logistics - MISC Integrated Logistics Sdn. Bhd. (MILS) serve as ocean freighting, distribution, freight forwarding, warehousing etc. to offer clients customized solutions to meet their requirements locally, regionally and globally.
  • Maritime Education - Akademi Laut Malaysia (Malaysian Maritime Academy) or simply known as ALAM is the nerve centre and premier training gound for an explorative maritime career. For over 28 years, ALAM has trained thousands of Malaysians, through a disciplined and regimented education system unique to the Academy.

[edit] External links

[edit] Official website

[edit] See also

[edit] Notes and references

  1. ^ a b c d MISC Berhad Core Businesses