MISC have over three decades of proven experience in Liquefied Natural Gas (LNG) transportation and we have earned a distinguished reputation for overall operational excellence, reliability, safety and on-time cargo deliveries from our charterers. • Full in-house capabilities in ship-owning and ship management including maritime education and ship repair. • Vessels’ compatibility with more than 80 terminals worldwide. • Periodic vessels’ inspection, audit and vetting to ensure highest safety standards. • With 29 vessels operating globally, MISC LNG fleet represents 6.6% of the total world fleet. • MISC is also owner and operator of Floating Storage Units for LNG and is building up capabilities in Floating Storage and Regasification Units (FSRUs) and Floating LNG (FLNG) units. MAJOR DEVELOPMENTS FROM 1 JANUARY 2014 – 31 DECEMBER 2014 • MISC delivered a total of 408 cargoes amounting to 21.8 million tonnes of LNG which represents 9.0% of total world LNG trade. • Tenaga Lima, MISC’s LNG carrier chartered to Malaysia LNG Sdn. Bhd. (MLNG), successfully carried out the commissioning activities at the new Hibiki LNG Receiving Terminal in Japan from 31 July to 6 August 2014. • Puteri Intan, MISC’s LNG carrier performed her final contractual voyage for Malaysia LNG Sdn. Bhd. (MLNG) on 27 September 2014. For the past 20 years, MISC have carried a total of 24.3 million tonnes of Liquefied Natural Gas via Puteri Intan for MLNG. • In September 2014, Seri Bakti, MISC’s LNG carrier completed a one-year contract for Koch Shipping Inc. (Koch) successfully. She is the first LNG carrier chartered by Koch in their LNG market debut and has carried a total of 7 cargoes amounting to 446,857 tonnes of LNG for Koch from Nigeria’s Bonny Island LNG export facility to worldwide customers. • MISC continues to maintain our third party business with the signing of a new time-charter party with GLNG on 4 December 2014. Under the agreement, MISC will be chartering out Seri Bakti to service GLNG’s LNG transportation needs between August and October 2015 until 2016. LIQUEFIED NATURAL GAS SHIPPING Class Number of Vessels Aman Class 3 Tenaga Class 3 Puteri Class 5 Puteri Satu Class 6 Seri A Class 5 Seri B Class 5 Floating Storage Units 2 Total 29 MISC BERHAD - Annual Report 2014 p 18 BUSINESS OVERVIEW AND FLEET STRENGTH as at 31 December 2014
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