Company type | Public limited company |
---|---|
MYX: 3816 | |
ISIN | MYL3816OO005 |
Industry | Energy shipping, Maritime services |
Founded | 1968 |
Founders | Robert Kuok and Frank Tsao |
Headquarters | Kuala Lumpur, Malaysia |
Key people |
Datuk Abu Huraira Abu Yazid, Chairman Captain Rajalingam Subramaniam, President & Group CEO Zahid Osman, Group Chief Operating Officer Hazrin Hasan, Vice President (Gas Assets & Solutions) Alexander James Brigden, Vice President (Offshore Business) Raja Azlan Shah Raja Azwa, Vice President (Corporate Planning) Afendy Mohamed Ali, Vice President (Finance) Ausmal Kardin, Vice President (Legal, Compliance Secretarial & Compliance) Captain Raja Sager Muniandy, Vice President (Group HSSE) Ruzila Binti Idin, Vice President (Human Resources) |
Products | Ship owning, Ship operating, Other shipping related activities, Owning and operating of offshore floating facilities as well as Marine repair, Marine conversion and Engineering & Construction works |
Website |
miscgroup |
MISC Berhad ( MYX: 3816) was incorporated in 1968 as Malaysia International Shipping Corporation Berhad and is the leading international shipping line of Malaysia. In September 2005, Malaysia International Shipping Corporation Berhad adopted its present corporate identity and changed its name to MISC Berhad. 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, other shipping related activities, owning and operating of offshore floating facilities as well as marine repair, marine conversion and engineering and construction works. With a fleet of more than 120 vessels and a combined tonnage of more than 13,000,000 DWT.
Malaysia International Shipping Corporation was founded in 1968 by Robert Kuok on request of the Malaysian government. Kuok, who had no experience in the business, sought the help of the Hong Kong-Chinese shipping magnate, Frank Tsao. [1] For his help with establishing the business, Tsao was conferred the title of Tan Sri by the King of Malaysia. [2]
MISC is a specialist in Energy Transportation.[ clarification needed] The company HQ is located at Menara Dayabumi in Kuala Lumpur, Malaysia. With 29 LNG carriers, it is currently one of the world's leading operator of LNG fleet. Through its wholly owned subsidiary AET, MISC is one of the leading global tanker operators[ citation needed] and a market leader in lightering operations for US Gulf ship-to-ship transfers.[ citation needed]
MISC also freights vegetable oil and chemical products, with major trading routes that include South East Asia, the Far East, Middle East, Europe, the Indian Subcontinent and the Americas.
The company has also ventured into offshore business, offering customers a full scope of offshore floating facility services – from design to operations. Through Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE), MISC provides marine repair, marine conversion, engineering and construction for a wide spectrum of oil & gas production facilities.
On 24 November 2011, MISC announced its exit from the liner business ( container shipping). In its announcement through the local Bursa Malaysia stock exchange, MISC explained that the radical change in the operating dynamics of the liner industry which is driven by high operating cost and rapid changes in global trade patterns is challenging the validity of today's operating models. [3]
The corporation operates a fleet of 125 vessels consisting of (as at February 2014): [4]
(FSUs) for the Petronas LNG Regasification Facilities project in Sungai Udang, Malacca. [5]
Company type | Public limited company |
---|---|
MYX: 3816 | |
ISIN | MYL3816OO005 |
Industry | Energy shipping, Maritime services |
Founded | 1968 |
Founders | Robert Kuok and Frank Tsao |
Headquarters | Kuala Lumpur, Malaysia |
Key people |
Datuk Abu Huraira Abu Yazid, Chairman Captain Rajalingam Subramaniam, President & Group CEO Zahid Osman, Group Chief Operating Officer Hazrin Hasan, Vice President (Gas Assets & Solutions) Alexander James Brigden, Vice President (Offshore Business) Raja Azlan Shah Raja Azwa, Vice President (Corporate Planning) Afendy Mohamed Ali, Vice President (Finance) Ausmal Kardin, Vice President (Legal, Compliance Secretarial & Compliance) Captain Raja Sager Muniandy, Vice President (Group HSSE) Ruzila Binti Idin, Vice President (Human Resources) |
Products | Ship owning, Ship operating, Other shipping related activities, Owning and operating of offshore floating facilities as well as Marine repair, Marine conversion and Engineering & Construction works |
Website |
miscgroup |
MISC Berhad ( MYX: 3816) was incorporated in 1968 as Malaysia International Shipping Corporation Berhad and is the leading international shipping line of Malaysia. In September 2005, Malaysia International Shipping Corporation Berhad adopted its present corporate identity and changed its name to MISC Berhad. 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, other shipping related activities, owning and operating of offshore floating facilities as well as marine repair, marine conversion and engineering and construction works. With a fleet of more than 120 vessels and a combined tonnage of more than 13,000,000 DWT.
Malaysia International Shipping Corporation was founded in 1968 by Robert Kuok on request of the Malaysian government. Kuok, who had no experience in the business, sought the help of the Hong Kong-Chinese shipping magnate, Frank Tsao. [1] For his help with establishing the business, Tsao was conferred the title of Tan Sri by the King of Malaysia. [2]
MISC is a specialist in Energy Transportation.[ clarification needed] The company HQ is located at Menara Dayabumi in Kuala Lumpur, Malaysia. With 29 LNG carriers, it is currently one of the world's leading operator of LNG fleet. Through its wholly owned subsidiary AET, MISC is one of the leading global tanker operators[ citation needed] and a market leader in lightering operations for US Gulf ship-to-ship transfers.[ citation needed]
MISC also freights vegetable oil and chemical products, with major trading routes that include South East Asia, the Far East, Middle East, Europe, the Indian Subcontinent and the Americas.
The company has also ventured into offshore business, offering customers a full scope of offshore floating facility services – from design to operations. Through Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE), MISC provides marine repair, marine conversion, engineering and construction for a wide spectrum of oil & gas production facilities.
On 24 November 2011, MISC announced its exit from the liner business ( container shipping). In its announcement through the local Bursa Malaysia stock exchange, MISC explained that the radical change in the operating dynamics of the liner industry which is driven by high operating cost and rapid changes in global trade patterns is challenging the validity of today's operating models. [3]
The corporation operates a fleet of 125 vessels consisting of (as at February 2014): [4]
(FSUs) for the Petronas LNG Regasification Facilities project in Sungai Udang, Malacca. [5]