MISC Berhad, legally known as MISC Berhad and operating as MISC Group, is a leading Malaysian international shipping company founded in 1968 as Malaysia International Shipping Corporation Berhad. Headquartered in Kuala Lumpur, it is a subsidiary of PETRONAS and listed on Bursa Malaysia (MYX: 3816).
The company specializes in energy-related maritime solutions, including ship owning, operation, and management. It operates a modern fleet of over 120 vessels with more than 13 million DWT, comprising 32 LNG carriers, 72 petroleum tankers, 6 ethane carriers, 22 chemical tankers, and 12 offshore assets such as FPSOs and FSOs. Services extend to offshore floating solutions, marine repair, conversion, engineering, and construction through subsidiaries like AET and Malaysia Marine and Heavy Engineering.
MISC supports global energy transportation, including chemicals and petroleum products across key routes in Asia, Europe, the Middle East, and the Americas, with a workforce exceeding 10,000 from over 40 nationalities.
Also known as Malaysia International Shipping Corporation Berhad.
chemXplore tracks 1 project involving MISC, of which one is active.
MISC's role on them: Technology / equipment supplier.
1 new construction.
Licensors are recorded on this project For subscribers
Targeting: Ethane (1)
Revenue up 15% to RM152.4bn; PAT RM27.2bn; CAPEX RM41.4bn and full ownership of PRefChem expected in 2H 2026 amid West Asia conflict-driven volatility.
Q2 adjusted EBITDA THB 26.932bn; ethane imports from the US due 2029; portfolio shift to 70:30 specialty by 2030; USD 300m EBITDA uplift target by 2030.
Reinforces integrated petrochemical core, starts ethane imports in 2029, shifts toward higher‑value Specialty and Green & Bio, and expands Map Ta Phut as a regional hub.
174,000-cbm newbuild LNG vessels to be built in Shanghai, delivery 2029–2030; will use XDF2.1 propulsion, shaft generators and onboard reliquefaction; project and ship management arranged.
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