Our Milestones
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  • 2013
    • MISC Berhad (MISC) and  the Vitol Group (Vitol), via subsidiary VTTI B.V, officially launched the joint venture's first oil storage terminal in South East Asia. Operated by ATT Tanjung Bin Sdn Bhd, the oil storage terminal has a total initial capacity of 890,000 cbm and is located in Tanjung Bin, Johor, Malaysia
    • MISC’s LNG carrier Seri Bijaksana delivered the commissioning cargo for PETRONAS LNG Regasification Terminal at Sungai Udang (“RGTSU”), Melaka.
    • AET confirmed its leadership position in US Gulf lightering with the successful completion of its10,000th fully serviced lightering operation.
    • MISC successfully delivers a semi submersible floating production system for Malaysia’s Gumusut-Kakap deepwater field to be installed at the project development site offshore Sabah.
    • AET successfully completed the conversion of the world’s first modular capture vessel, the Eagle Texas
    • AET received Eagle Versailles, the final vessel in its series of four 320,000 dwt eco-design Very Large Crude Carriers (“VLCC”) from Daewoo Shipbuilding & Marine Engineering (“DSME”).
    • MISC and the Royal Malaysian Navy (“RMN”) launched a coffee table book entitled “Op FAJAR: The Malaysian Success Story in the Gulf of Aden”.

  • 2012
    • MISC took delivery of its first LNG Floating Storage Units (FSUs) - Tenaga Satu and Tenaga Empat for Malaysia's first Regasification Terminal project in Melaka.
    • AET took delivery of Eagle San Antonio, its first owned "eco-design" Suezmax tanker
    • MISC disposed of 50% equity interest in Gumusut-Kakap Semi-Floating Production System (L) Limited (“GKL”) (formerly known as MISC Floating Production System (Gumusut) Limited), a wholly-owned subsidiary of MISC, to E&P Venture Solutions Co Sdn. Bhd. (“EPV”), a wholly-owned subsidiary of PETRONAS Carigali Sdn. Bhd. (“PCSB”) 
  • 2011
    • MISC's LNG Business made in-roads into Australia via a time charter contract for the provision of an LNG carrier to service the North West Shelf Ventures, Australia (NWS) LNG shipping requirements.
    • MISC was awarded the contract for the provision of a Floating Production, Storage and Offloading (FPSO) facility for Cendor Phase 2 Development Project Block PM-304 by PETROFAC.
    • YBhg. Datuk Manharlal Ratilal succeeds YBhg. Dato’ Shamsul Azhar bin Abbas as the new Chairman and Non-Independent Non-Executive Director of MISC Berhad.
    • In collaboration with the Royal Malaysian Navy, MISC operationalised Bunga Mas Enam into a second Navy Auxiliary Vessel to escort and protect MISC’s vessels plying the Gulf of Aden and its surrounding waters.
    • MISC exits from the Liner Business
  • 2010
    • MISC further enhanced its presence in the Middle East with the opening of a new Regional Office in Dubai.
    • MISC announced the completion of the Rights Issue with the listing of and quotation for 743,965,517 Rights Shares on the Main Market of Bursa Malaysia Securities Berhad.
    • YBhg. Dato’ Shamsul Azhar Abbas assumed the position of Chairman of MISC Berhad taking over the baton from YBhg. Tan Sri Mohd Hassan Marican.
    • YBhg. Datuk Nasarudin Md Idris was appointed as the new President/CEO of MISC Berhad
    • MISC acquired 50% of VTTI B.V., a wholly-owned subsidiary of Vitol.
    • Malaysia Marine and Heavy Engineering Holdings Berhad (MHB) was officially listed on the Main Board of Bursa Malaysia.
  • 2009
    • MISC strengthened its foothold in tank terminal operations through a joint venture with Vitol Tank Terminals International BV.
    • MISC's commenced its long-term charterparty contract for two LNG vessels for a period of 20 years with Yemen LNG.
  • 2008
    • MISC took delivery of its final vessel in the Bunga Kasturi VLCC series, Bunga Kasturi Enam at the USC Ariake Shipyard in Japan.
    • MMHE took 100% ownership of the Kiyanly Fabrication Yard in Turkmenistan.
    • MISC made inroads to Vietnam with the winning of the contract to provide a FPSO unit to PC Vietnam Limited.
  • 2007
    • Launch of AET's new corporate identity.
    • Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE) performs final docking works for MISC's Seri Anggun, which marks the first time an LNG Carrier has undergone final docking in Malaysian waters.
    • MISC delivered its first deepwater floating, production, storage and offloading facility, FPSO Kikeh for Murphy Oil Corporation.
    • YAB Dato' Seri Abdullah Ahmad Badawi, Prime Minister of Malaysia named MISC's 25th LNG Carrier, Seri Ayu
    • MISC ventured into tank terminal operations through a joint venture with Dialog Group Berhad.
  • 2006
    • MISC named as Euromoney's Asia Best Managed Company in the Transport & Shipping Sector.
    • Delivery of Bunga Seroja Satu, a 7,943 TEU container vessel, the largest Malaysian registered container vessel to-date.
    • MISC was voted as Maritime Asia's LNG Operator of the Year 2005.
    • Akademi Laut Malaysia (ALAM) launched its new corporate identity.
    • Malaysia Marine and Heavy Engineering Sdn. Bhd. (MMHE) became a wholly-owned subsidiary of MISC.
    • MISC named as Chartered Institute of Logistics & Transport (CILT) Company of the Year
  • 2005
    • Launch of the new MISC Berhad corporate identity
    • MISC shares traded "X" one-for-one bonus
    • Launch of the new corporate identity of Malaysia Shipyard and Engineering (MSE), Malaysia Marine & Heavy Engineering Sdn. Bhd. (MMHE)
  • 2004
    • Malaysia Shipyard and Engineering (MSE) Holdings Sdn Bhd became a subsidiary of MISC.
    • MISC successfully completed its inaugural USD 1.1 billion bond issue.
  • 2003
    • Secured the second LNG time-charter contract outside PETRONAS Group with J&S Cheniere S.A.
    • Acquired American Eagle Tanker Ltd from NOL
    • Took delivery of MISC's first VLCC, Bunga Kasturi.
    • Commenced first LNG time-charter contract outside the PETRONAS Group with Gaz de France.
  • 2000
    • Secured AAA rating from Malaysian Rating Corporation Berhad for RM 1.5 billion Islamic debt Security facility.
  • 1999
    • MISC launched its new Corporate Vision, Mission and Shared Values.
  • 1998
    • MISC acquired the assets of Konsortium Perkapalan Berhad & PNSL Limited and merged with PETRONAS Tankers Sdn Bhd increasing PETRONAS' stake in MISC to 62.01%.
  • 1997
    • PETRONAS acquired a 29.3% stake in MISC
  • 1991
    • Diversified into ship-building, repairing and engineering related businesses
  • 1987
    • MISC was listed on the Main Board of the Bursa Malaysia Securities Berhad (then known as the Kuala Lumpur Stock Exchange) via an Initial Public Offer.
  • 1983
    • MISC took delivery of its first LNG tanker, Tenaga Satu and delivered the first cargo for Malaysia LNG.
  • 1970
    • Commenced national liner services; received quota at Far Eastern Freight Conference and entered into pooling arrangements with conference members.
  • 1968
    • Incorporation of MISC via a joint venture between the Malaysian Government and group of private entrepreneurs.