MISC Annual Report 2019

Our Brands and Businesses LNG ASSET SOLUTIONS OFFSHORE BUSINESS PETROLEUM & PRODUCT SHIPPING MARINE & HEAVY ENGINEERING INTEGRATED MARINE SERVICES PORT MANAGEMENT & MARITIME SERVICES MARITIME EDUCATION & TRAINING One of the world’s largest LNG carrier owner- operators Excellent asset performance with uptime of over 99% The only tanker company globally possessing MCV capabilities Over 40 years delivering integrated and complex solutions including deepwater facilities Consistently achieved excellent results in HSE performance and PSC performance Successfully handled over 52,000 vessels Delivers LNG across the globe with decades of proven experience as well as a distinguished reputation for overall operational excellence, reliability and on-time cargo deliveries Provides safe, high quality and comprehensive ocean transportation and specialist petroleum services to the world’s largest oil companies, trading houses and refiners Delivers complete, comprehensive and innovative solutions from design to operations, catering for marginal, conventional and deepwater field developments with an excellent production and operations performance track record for all its facilities Specialises in offshore construction, conversion and marine repair. Owns and operates one of the largest marine and heavy engineering facilities in the region Provides a comprehensive, reliable and efficient ship management services. Operates and maintains a modern and diversified fleet of vessels, supported by a team of highly skilled, competent and dedicated professionals Delivers world-class maritime services and expertise in marine assurance and compliance as well as port and terminal operations and management to the major oil and gas companies including the PETRONAS Group Nurtures the talent of future maritime professionals and supports the industry’s growing requirement for professionally trained seafarers by providing the full spectrum of maritime training and education as well as offshore and other courses MISC’s fleet consists of 110 owned and in-chartered LNG, petroleum and product vessels, 14 floating production systems (FPS) as well as two LNG floating storage units (FSU). The fleet has a combined deadweight tonnage (dwt) capacity of approximately 16 million tonnes. Over 9,800 voyages made since 1983 MARKET LEADER in lightering operations in the US Gulf One of the LARGEST dry docks in Southeast Asia in terms of cubic capacity ZERO LTI since 1999 LEADING maritime education and training (MET) institution in the region High vessel availability rate of over 99% 29 LNG Carriers 81 Petroleum & Product Tankers 2 Floating Storage Units 14 Offshore Floating Production Systems One of the world’s LEADING FPSO/FSO owner-operators Core Business C Key Enabler K C C C C K K K Trained over 13,500 seafearers occupying nearly all key positions in the merchant marine sector in Malaysia both at sea and shore since 1976 41 40 MISC BERHAD PEOPLE. PASSION. POSSIBILITIES ANNUAL REPORT 2019 OUR BUSINESS