- CEO
- Cheng Huat Goh
- Full Time Employees
- 54
- Sector
- Transportation
- Industry
- Marine shipping
- Address
- Petaling Jaya Malaysia
- IPO Date
- Oct 28, 2003
- Business
- Malaysian Bulk Carriers Berhad (Maybulk) is an investment holding company primarily engaged in international dry bulk shipping, maritime logistics, vessel chartering, and diversified retail and supply chain management services. Founded in 1988 and headquartered in Petaling Jaya, Selangor, Malaysia, the company operates across multiple commercial segments, including Dry Bulk Shipping, Ship Management, Retail and Consumer Goods, and Logistics and Warehousing. Maybulk's core products and service offerings comprise international maritime dry bulk transportation, providing time charters, voyage charters, and contract of affreightment (COA) services utilizing a fleet of dry bulk carriers—including Supramax and Handysize vessels—for bulk commodities such as iron ore, coal, agricultural grains, fertilizers, steel products, bauxite, and industrial minerals; comprehensive technical and commercial ship management services, encompassing vessel maintenance, maritime safety compliance, regulatory inspections, crew administration, bunkering, and marine consultancy; retail supermarket and grocery chain operations, managing retail storefronts, consumer trade, and daily necessities distribution; ambient and cold chain warehousing, offering temperature-controlled storage, bonded storage, inventory management, and cross-docking; and multimodal logistics solutions, incorporating freight forwarding, customs clearance, and regional distribution fulfillment. The company serves global commodity trading houses, industrial manufacturers, mining operators, agricultural enterprises, and regional retail consumers across Malaysia, Southeast Asia, East Asia, and international shipping lanes. In recent years, Maybulk has undertaken a major strategic transformation to diversify its earnings base beyond cyclical dry bulk shipping by expanding aggressively into grocery retail, consumer goods trading, and integrated logistics through strategic alliances, business acquisitions, and joint ventures. Following significant ownership and board reorganizations marked by the transition of its long-standing controlling shareholder, the group has streamlined its maritime asset portfolio through selective vessel divestments, pivoted toward asset-light chartering arrangements, and directed capital into expanding its retail store network and cold chain logistics infrastructure across Peninsular Malaysia.