- CEO
- Zahid Bin Osman
- Full Time Employees
- 8,630
- Sector
- Industrials
- Industry
- Marine Shipping
- Address
- Menara Dayabumi Kuala Lumpur WP Malaysia 50050
- IPO Date
- Feb 7, 2018
- Business
- MISC Berhad is a leading Malaysian maritime corporation specializing in energy-related maritime solutions and services. The company operates through several business segments including Gas Assets & Solutions, Petroleum & Product Shipping, Offshore Business, Marine & Heavy Engineering, and others. Its core products and services include the ownership and operation of liquefied natural gas (LNG) carriers, petroleum and chemical tankers; floating storage and offloading (FSO) units; mobile offshore production units (MOPUs); and semi-submersible floating production systems (FPSOs). MISC also provides marine repair, marine conversion, engineering and construction works through its marine and heavy engineering segment. Additional operations include integrated marine services, port and terminal management, maritime education and training, and trucking, warehousing, and logistics services through its subsidiaries. The company’s major trading routes span Southeast Asia, the Far East, the Middle East, Europe, the Indian Subcontinent, and the Americas. Founded in 1968, MISC is headquartered in Kuala Lumpur, Malaysia, and is a subsidiary of Petroliam Nasional Berhad.
In recent major company developments, MISC completed a strategic stake swap transaction with SBM Offshore in early 2025. This involved the acquisition by SBM Offshore of MISC’s entire equity interest in the lease and operating entities of the FPSO Espirito Santo in Brazil, while MISC acquired SBM Offshore’s equity interest in the FPSO Kikeh in Malaysia. This transaction was part of a mutual portfolio rationalization effort to enhance operational focus and excellence. Prior to that, in 2024, MISC divested its 50% shareholding in VTTI BV, a global tank storage provider, to an investment partnership led by Vitol. These changes represent significant strategic shifts in MISC’s offshore and storage asset portfolio while maintaining its leadership in energy transportation and offshore services worldwide.
MISC targets energy companies, oil and gas producers, and industrial clients requiring marine logistics and offshore solutions. It operates globally with a strong presence in Southeast Asia and key energy shipping lanes. The company’s diversified services and asset base position it as a major player in the global shipping, offshore, and energy logistics industry.