Misc Berhad (MIHDF)

Overview

MISC Berhad, headquartered in Kuala Lumpur, Malaysia, serves as a global provider of energy-related maritime solutions and services. The company operates under the umbrella of Petroliam Nasional Berhad and was established in 1968. Its operations span various segments, including LNG Asset Solutions, Petroleum & Product Shipping, Offshore Business, Marine & Heavy Engineering, and Others. With a diversified portfolio, MISC Berhad owns and operates a significant fleet comprising approximately 100 vessels, including LNG carriers, petroleum and chemical tankers, as well as a variety of offshore production and storage units with a total capacity of about 13 million tonnes in deadweight. This extensive operation not only underscores MISC Berhad's prominence in the maritime industry but also its contribution to the global energy sector.

Products and Services

MISC Berhad offers a comprehensive range of services across its operational segments:

• LNG Asset Solutions: This segment involves the ownership and operation of LNG carriers. These specialized vessels are designed for transporting liquefied natural gas across oceans, playing a critical role in the global LNG supply chain.
• Petroleum & Product Shipping: MISC Berhad owns and operates petroleum and chemical tankers, facilitating the global distribution of crude oil, refined products, and chemicals. This segment is crucial for meeting the world's energy demands and supporting the chemical industry.
• Offshore Business: The company manages floating storage and offloading units (FSOs), mobile offshore production units (MOPUs), and semi-submersible floating production systems. These assets are pivotal in offshore oil production, storage, and processing, enabling the extraction of resources from undersea fields.
• Marine & Heavy Engineering: MISC Berhad provides marine and heavy engineering services, including engineering, procurement, construction, installation, and commissioning (EPCIC) for offshore and onshore projects, marine repair, and conversion works. This segment supports the lifecycle of maritime and offshore assets through maintenance, repair, and upgrade services.
• Maritime Education and Training: The company plays an educational role by offering maritime education and training services for seamen and maritime personnel. This initiative ensures a steady supply of trained professionals to the maritime industry.
• Port and Terminal Services: MISC Berhad operates and manages Sungai Udang Port, providing port and terminal services. This operation is essential for facilitating maritime logistics and trade.
• Integrated Marine Services: This includes marine transportation, crew management, dry docking of marine vessels, and other related services. These operations ensure the efficiency and reliability of maritime activities and the welfare of crew members.