MISC Berhad (MISC) is Malaysia’s leading international maritime corporation and is currently one of the top five largest shipping conglomerates in the world by market capitalisation. The principal businesses of MISC consist of ship owning, ship operating, other shipping related activities, owning and operating of tank terminals and offshore floating facilities as well as marine repair, marine conversion and engineering & construction works.

MISC has grown from being purely a shipping line in 1968 to become a fully integrated maritime, offshore floating solutions, heavy engineering and logistics services provider. This was brought about when MISC became a subsidiary of PETRONAS in 1998, a move that produced synergistic benefits especially in the field of oil & gas transportation.

Today, with a modern and well-diversified fleet of more than 170 owned and in-chartered vessels and a combined tonnage of approximately 15 million dwt, supported by capable sea-going professionals through its in-house maritime academy, Malaysian Maritime Academy Sdn. Bhd. (ALAM), MISC provides safe, reliable, efficient and competitive shipping services both locally and internationally.

As a world-renowned LNG owner operator with almost three decades of proven experience for safety, reliability and on-time deliveries, MISC provides a wide range of LNG Business Solutions and is a one-stop centre for LNG transportation with credible ship management, highly-trained seagoing professionals and a first class marine repair centre. MISC is also forging partnerships to create further technological advancements in LNG technology solutions and services for new offshore applications. 

Through its petroleum arm – AET, MISC provides high-quality ocean transport solutions for the world’s oil companies and traders. It operates a modern and professionally managed fleet of VLCCs, Aframaxes and product tankers from the strategic locations of London, Singapore, Houston and Gurgaon in India. It also has on order three Aframaxes and four VLCC newbuildings, as well as four Suezmax tankers, two DP shuttle tankers and one MR2 tanker. AET is the third largest owner-operator of Aframax tankers in the world and currently occupies the leading share of the US Gulf ship-to-ship transfer business through its comprehensive lightering operations. Employed on a mix of spot and period charters, AET’s fleet is deployed around the world, providing comprehensive port-to-port services from West Africa and the Middle East to ports along the US Atlantic coast and the US Gulf, as well as from South America to ports in Asia and the Far East.

In the chemical shipping business, MISC delivers freighting solutions for vegetable oil and chemical products to various corners of the globe, leveraging on its extensive experience in liquid bulk trading. MISC is currently growing its fleet of chemical tankers to establish itself as a significant transporter of chemicals and vegetable oils on the global platform with major trading routes that include South East Asia, the Far East, Middle East, Europe, the Indian Subcontinent and the Americas.

With over 40 years of experience in the container shipping business, MISC is currently one of the leading carriers in the Liner Intra-Asia trade. Being the first of its kind, the Halal Express Service (HES) offered by MISC provides the company the competitive edge by catering to the growing needs of the Halal Industry. Other services supporting its Intra-Asia service include the Malaysia East Asia Service (MES), East India Service (EIS) and Siam Singapore Shuttle (SSS).

MISC also offers total logistics services which include freight management, transportation and warehousing services through its wholly owned subsidiary, MISC Integrated Logistics Sdn. Bhd. (MILS). MILS’ specialised Project Logistics and Supply Chain Management unit serves the upstream and downstream logistics requirements of the global energy industry. In addition, MILS’ Halal Certified Logistics Hub, which is strategically located in the Free Commercial Zone in Pulau Indah with close proximity to Port Klang, is a trans-shipment centre for Fast Moving Consumer Goods. 

As part of MISC’s strategy to expand its shipping business by providing customers with integrated supply value chain services, MISC has ventured into the global tank terminal business via the acquisition of a 50% interest in VTTI B.V. This joint venture with Vitol, one of the world’s leading crude oil and product traders in the world, has effectively propelled MISC to become the sixth largest independent tank terminal operator globally with a total of 6.2 million cbm of tank storage capacity across 11 terminals in 10 countries. Besides this, MISC also own tank terminals with a total capacity of 476,000 cbm in Tanjung Langsat, Johor, Malaysia via a joint venture with Dialog and Trafigura.

MISC is also fast establishing its footprint in the offshore industry, offering floating solutions mainly FPSOs/FSOs. Over the span of seven years, MISC has proven its capability in delivering safe and well executed projects, through well-built relationships with customers and partners. These prolific partnerships enable MISC to further enhance its capabilities in Offshore Engineering and Asset Management. In the pursuit of positioning MISC as a preferred world class offshore floating solutions provider in the region, MISC has meticulously equipped and enhanced its business processes in accordance to international standards and best practices, and is certified ISO 9001:2008. This provides enhanced confidence and assurance to all existing and potential clients whilst ensuring that MISC will remain competitive in the offshore industry.

MISC’s public listed engineering arm, Malaysia Marine and Heavy Engineering Holdings Berhad (MHB) supports the oil & gas industry through three core areas: engineering & construction, marine repair and marine conversion. With its engineering & construction business, MHB offers a full range of oil and gas construction and engineering services, from detailed engineering design, procurement to construction, installation, hook-up and commissioning of offshore drilling and production platforms. Through its marine repair business, MHB undertakes the repair & maintenance, refit & refurbishment of LNG carriers, Very Large Crude Carriers (VLCC) and other marine vessels and marine facilities. Its marine conversion business has allowed MHB to participate in the conversion of floating production storage and offloading facilities, refurbishments of rigs and construction of newbuilds.

Endowed with such a diverse operation and supported by a pool of dynamic and progressive professionals, MISC is well-positioned to move into greater waters of success.
the press room > MISC profile