News and Highlights

MISC MANAGES MIHZEM & IDD AL SHARGI UNDER QATARENERGY CONSORTIUM

In the world of energy transportation, progress is rarely achieved in isolation. It is built through strong partnerships and a collective belief in what the future can be.

MISC Berhad together with its consortium partners Nippon Yusen Kabushiki Kaisha (NYK), Kawasaki Kisen Kaisha, Ltd. (K-LINE) and China LNG Shipping (Holdings) Limited (CLNG), celebrated the naming of two new generation Liquefied Natural Gas (LNG) carriers, Mihzem and Idd Al Shargi.

Mihzem and Idd Al Shargi mark a special milestone for MISC as the first vessels under the QatarEnergy LNG expansion programme to be managed by MISC's Marine Services. Their delivery reflects the confidence placed in MISC’s proven capability to operate complex and large-scale assets safely and efficiently, supported by decades of maritime experience and culture of safety and reliability.

Their completion marks another step forward in MISC’s #deliveringProgress strategy, which focuses on delivering more energy with less emissions. Aligned with the Group strategy's Resilient Core pillar, these new-generation LNG carriers demonstrate MISC’s commitment to strengthen its foundation through fleet modernisation and the transition to eco-efficient vessels, ensuring long-term resilience and sustainable value creation for our stakeholders.

Constructed by Hudong-Zhonghua Shipbuilding Co. Ltd., they are the fifth and sixth vessels to join the consortium’s fleet of twelve LNG carriers that are chartered by QatarEnergy LNG. Beyond their technical sophistication, they represent the expertise and strength of collaboration across nations.

Their names, inspired by Qatar’s historic energy fields, symbolise discovery, perseverance and progress. As they embark on their new journeys, Mihzem and Idd Al Shargi carry the same spirit of partnership that defines MISC’s collaboration with QatarEnergy and its consortium partners.

Together, they carry not only the promise of energy delivered safely and responsibly, but also the shared vision of a maritime industry that moves forward through innovation, care and collective purpose.

Quick Fact! – Why This Matters to Our Stakeholders

Sustainable Progress – Supports MISC’s #deliveringProgress strategy by introducing new-generation, eco-efficient vessels designed to deliver more energy with fewer emissions.
Innovation & Efficiency – Incorporates advanced systems that meet IMO’s stringent environmental standards, positioning the vessels among the most sustainable LNG carriers in operation.
Long-Term Value – Reinforces MISC’s commitment to building a resilient, future-ready fleet that creates sustainable value for stakeholders and the maritime industry.

Note: Click here https://shipnaming.miscgroup.com/ to view the technical details of the vessels

MISC COMPLETES MALAYSIA’S THIRD LNG FLOATING STORAGE UNIT

MISC Berhad proudly marks another milestone with the successful completion and sailaway of FSU Puteri Delima Satu, Malaysia’s third Liquefied Natural Gas (LNG) Floating Storage Unit (FSU). Converted from MISC’s LNG at the MMHE Yard in Pasir Gudang, the vessel is now stationed at the PETRONAS LNG Regasification Terminal Pengerang (RGTP) in Johor, further strengthening the nation’s LNG infrastructure.

This project represents a major step in strengthening Malaysia’s energy security and advancing the nation’s long-term sustainability ambitions. With a storage capacity of 137,000 m³, she stands as the largest FSU in Malaysia.

This achievement represents a major step in strengthening Malaysia’s energy security and advancing the nation’s long-term sustainability ambitions.

Strategic Energy Storage & Supply Security
Puteri Delima Satu enhances LNG storage capacity, ensuring a steady and reliable energy delivery to critical facilities such as the RAPID Complex, Pengerang Cogeneration Plant, and the Peninsular Gas Utilisation grid.
Seamless National LNG Integration
Built for efficient Ship-to-Ship operations, the FSU strengthens LNG supply integration across the nation, improving both reliability and operational flexibility.
Driving Malaysia’s LNG Hub Aspirations
The vessel positions Malaysia as an emerging LNG hub in Asia, contributing to economic growth and supporting the nation’s Net Zero 2050 ambitions.

The project achieved a remarkable safety milestone, recording over 500,000 man-hours without a single Lost Time Injury. This achievement is a clear testament to MISC’s Care and Comply culture and the collective commitment of our stakeholders. It reflects the professionalism, vigilance, and shared responsibility of all involved, reaffirming that safety remains a core value in MISC’s operations.

This achievement celebrates not only the successful delivery and sailaway of Puteri Delima Satu but also the passion and enterprise-wide teamwork that brought this project to life.

Quick fact! – Why this matters to our stakeholder?

Energy Security – Expands Malaysia’s LNG storage capacity, ensuring stable and reliable supply for industries and households.
Sustainability Commitment – Advances Malaysia’s Net Zero 2050 goal through cleaner and more efficient energy infrastructure.
Economic Growth – Strengthens Malaysia’s role as an LNG hub in Asia, driving investment and long-term national value creation.

MISC WELCOMES FOUR NEW LNG CARRIERS

MISC Berhad is proud to celebrate another milestone in delivering safe, efficient and sustainable energy solutions. Between May and August 2025, four new Liquefied Natural Gas carriers were successfully delivered as part of the landmark QatarEnergy LNG shipbuilding programme.

The successful delivery of Al Tuwar, Al Mas’habiyyah, Al Zuwair and Fat’h Al Khair represents a significant achievement for MISC and its global partners. This programme, recognised as one of the largest in LNG shipping history, reflects our collective commitment to energy security and sustainability.

With a capacity of 174,000 CBM, these vessels are designed to meet the world’s growing demand for safe, reliable and energy-efficient LNG transportation. At the core of the design is the GTT NO96 LO3+ cargo containment system, which provides enhanced insulation and reduces the boil-off rate to 0.098% of cargo volume per day, significantly improving efficiency. Together with a Cargo Tank Gas Pocket design that improves vapour space management and a reliquefaction plant that recycles excess gas, these features ensures that cargo is preserved efficiently throughout the operations.

Key Deliveries:

Al Tuwar – Delivered on 16 May 2025 at Hudong-Zhonghua Shipyard, Shanghai, as the first vessel in this series of twelve LNG carriers.
Al Mas’habiyyah – Delivered on 30 July 2025, also at Hudong-Zhonghua, and the sister vessel of Al Tuwar.
Al Zuwair – Delivered on 18 August 2025 at HD Hyundai Heavy Industries, Ulsan, South Korea, the first vessel in the series built at HHI.
Fat’h Al Khair – Delivered on 25 August 2025 at Hudong-Zhonghua Shipyard, Shanghai.

These accomplishments reflect the strength of collaboration between MISC, QatarEnergy, China LNG Shipping (Holdings) Limited (CLNG), Nippon Yusen Kabushiki Kaisha (NYK), and Kawasaki Kisen Kaisha, Ltd. (K-Line). Together, we are building a future of safe and sustainable energy transport.

Quick fact! Why this matters to our stakeholders?

Energy Security – Expands global LNG shipping capacity, ensuring stable and reliable energy transportation.
Sustainability Commitment – Integrates cleaner technology to reduce emissions and accelerate the global transition to Net Zero.
Economic Growth – Strengthens Malaysia’s presence in the global LNG value chain, unlocking long-term opportunities and stakeholder value

MISC STRENGTHENS PARTNERSHIPS AT THE SEVENTH GROUP APPRECIATION RECEPTION IN TOKYO

MISC proudly hosted the seventh MISC Group Appreciation Reception on 26 September 2025 at Ho-ou, Hotel New Otani, Tokyo, welcoming nearly 200 distinguished stakeholders from Japan’s maritime and energy industries.

Since its introduction in 2017, the MISC Group Appreciation Reception has become a cherished tradition. More than a celebration, it is a reflection of trust, collaboration and shared ambition. This year’s event in Tokyo reaffirmed more than four decades of strong partnership between MISC and Japan.

In his address, Mr. Zahid Osman, President and Group CEO of MISC, reflected on the journey that has seen MISC deliver more than 4,700 LNG cargoes, amounting to nearly 500 million tonnes, to Japan. He also celebrated key milestones including the 400^th cargo delivery to Shimizu Terminal, the completion of FSU Puteri Delima Satu and the successful delivery of four LNG carriers under the QatarEnergy programme.

Looking to the future, Mr. Zahid emphasised the opportunities presented by the global energy transition. He outlined MISC’s focus on expanding LNG, ethane and FPSO portfolios, advancing carbon capture and storage with partners such as MOL and PETRONAS through the Jules Nautica joint venture, and investing in new technologies to deliver more energy with fewer emissions. He also reinforced the importance of the Care and Comply culture as the foundation of safety and sustainability in every partnership.

Global energy demand is projected to rise by 18 percent by 2050, with natural gas demand growing by 32 percent. These trends reinforce LNG’s critical role as a transition fuel and highlight the importance of strong, reliable partnerships with Japan.

Quick fact! Why this matters to our stakeholders?

Partnership Strengthening - Builds on more than 42 years of collaboration with Japan’s maritime and energy leaders.
Energy Security - Demonstrates MISC’s role in ensuring reliable LNG supply to Japan.
Proven Track Record - 4,796 safe LNG deliveries to Japan demonstrate operational excellence and long-standing reliability.