Marine and Shipbuilding Monthly Journal
Seoul Ra-11997(ISSN: 2005-3061)



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    MISC records higher profits for year end 31 December 2016 [Feb 2017] Group revenue for the quarter ended 31 December 2016 of RM2,517.5 million was 24.0% lower than the corresponding quarter’s revenue of RM3,312.1 million. The decrease in Group revenue was mainly due to lower revenue in two business segments, namely, Heavy Engineering and LNG.
    MISC Berhad Celebrates the Naming and Delivery of its Second MOSS-Type LNG Carrier, Seri Cenderawasih [Jan 2017] MISC Berhad, a world leading energy related maritime solutions and services provider today held the naming and delivery ceremony of its new LNG carrier, Seri Cenderawasih. The 150,200㎥ Liquefied Natural Gas carrier is the second in a series of five MOSS-Type LNG carriers ordered from HHI by MISC.
    MISC Berhad Hosts Commencement Ceremony for FSO Benchamas 2 Project [Jan 2017] MISC Berhad (“MISC”) today celebrated the commencement of FSO Benchamas 2 conversion, in a ceremony at MMHE West Yard, Pasir Gudang. In attendance were the vessel charterer, conversion contractors and the vessel operator which included the guest-of-honour, the President of Chevron Offshore (Thailand) Limited (“COTL”),
    ...................................................................................................................[Press releases 2016]
    MISC BERHAD CELEBRATES THE NAMING AND DELIVERY OF ITS NEW LNG CARRIER, SERI CAMELLIA [Sep 2016] MISC Berhad (“MISC”), a world leading energy related maritime solutions and services provider today held the naming and delivery ceremony of its new LNG carrier, Seri Camellia. The 150,200 CBM Liquefied Natural Gas (“LNG”) carrier is the first in a series of five MOSS-Type LNG carriers ordered from “HHI” by MISC.
    MISC BERHAD CELEBRATES THE SAIL AWAY OF MaMPU 1 MARGINAL FIELDS FPSO [Sep 2016] MISC Berhad (“MISC”), celebrated the sail away of its Marginal Marine Production Unit (“MaMPU 1”), a fit-for-purpose FPSO for the development of marginal fields, in a ceremony today in MMHE East Yard, Pasir Gudang. The first deployment of MaMPU 1 will be at Anjung Kecil oil field, offshore Sarawak,
    MISC Group announces its financial results for the financial year ended 30 June 2016 [Aug 2016] Group revenue for the quarter ended 30 June 2016 of RM2,392.4 million was 8.0% lower than the RM2,600.5 million revenue for the corresponding quarter. The decrease in Group revenue for the quarter ended 30 June 2016 was mainly from its Heavy Engineering business due to fewer and lower value of projects in progress
    MISC and AET to merge chemical and product tanker fleets [Mar 2016] MISC Berhad - one of the world’s leading international energy logistics groups - announces that it is to merge its chemical fleet with the clean petroleum products (CPP) fleet operated by its wholly owned petroleum subsidiary, AET. Under new arrangements, AET will take over the 13 chemical vessels and one LPG tanker currently owned/operated by MISC and
    Handing Over Ceremony of the Bunga Mas Lima Naval Auxiliary Vessel to the Royal Malaysian Navy [Jan 2016] MISC Berhad today had successfully handed over to the Royal Malaysian Navy (RMN) the Naval Auxiliary Vessel BUNGA MAS LIMA, joining the RMN’s current fleet that will be deployed to safeguard the safety of our Malaysian waters and strengthen the RMN’s future maritime defense strategy.
    ...................................................................................................................[Press releases 2015]
    MISC Group Financial Results for the Third Quarter Ended 30 September 2015 [Nov 2015] MISC is pleased to announce its financial results for the third quarter ended 30 September 2015 with group revenue for the quarter of RM2,505.6 million being 14.9% higher than RM2,180.3 million in the corresponding quarter. The increase in Group revenue was mainly due to improved freight rates in the Petroleum business.
    MISC Berhad to divest 50% shareholding in VTTI B.V. [Aug 2015] MISC Berhad (“MISC”) would like to announce that MISC and its wholly-owned subsidiary MTTI Sdn. Bhd. (“MTTI”) have today entered into an agreement with VIP Terminals Finance B.V. to dispose 50% of the issued share capital of VTTI B.V. (“VTTI”), for a cash consideration of USD830 million, subject to completion of the conditions precedent.
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