During the year, MILS had successfully provided international logistics, freight forwarding and shipping services to reputable customers such as Murphy Oil, Sinohydro Corporation for the Connaught Bridge Cogen plant project, as well as services for WASCO Coating Malaysia in Turkmenistan. At our supply chain management and contract logistic segment, MILS continued to expand its coverage by securing a long-term logistics contract from PETRONAS Chemicals Marketing Sdn. Bhd. (PCM) which involved the provision of haulage, inland distribution and warehousing services to support the demand growth of PCM’s products and services. Further to that, our proven track record had also resulted in the extension of our contract with PETRONAS NGV for another 4 years, for the provision of logistics services to transport NGV to all PETRONAS stations nationwide. The logistics landscape is expected to remain challenging in 2015 with weaker global appetite in certain sectors, especially in the Oil & Gas project l o g i s t i c s s e c t o r. Un d e r t h e s e circumstances, MILS will continue to develop and synergise our internal capabilities to pursue other growth sectors less sensitive to fluctuation in oil prices and to remain focused in providing high quality logistic services to our customers. p 71 MISC BERHAD - Annual Report 2014
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