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.

Today, with a modern and well-diversified fleet of more than 160 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 building up capabilities in technological solutions for FSU, FSRU and FLNG.

Through its petroleum arm – AET, MISC provides global seaborne transportation solutions to the international petroleum industry. It operates a modern and professionally managed fleet of crude and product tankers from the strategic locations of London, Singapore, Houston and Gurgaon in India. It also has on order four VLCCs, four Suezmax tankers and two DP shuttle tankers. 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 to its customers.

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 shipping. MISC is fast establishing 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.

As part of MISC’s strategy to expand its shipping business by providing customers with integrated supply value chain services, MISC 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 approximately 7.8 million cbm of tank storage capacity across 12 terminals in 11 countries. Besides this, MISC also own tank terminals with a total capacity of 647,000 cbm in Tanjung Langsat, Johor, Malaysia via a joint venture with Dialog and Trafigura.

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

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.

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.