Vice President's Key Message

Dear Valued Readers, 

As we enter 2026, I would like to extend my warmest wishes to all our stakeholders. I hope this year will be a year of continued progress, resilience and shared success as we navigate the evolving global energy landscape together.

Looking back, 2025 was a meaningful year for MISC, marked by consistent delivery and steady execution across our LNG shipping, floating solutions and newbuild programmes. These outcomes were made possible through the collective efforts of our people and the continued trust and collaboration of our partners and stakeholders.

A key highlight was the continued expansion of our LNG fleet. In 2025, we delivered eight LNG carriers under the QatarEnergy Tranche 1 programme, namely Al Tuwar, Al Mas'habiyyah, Al Zuwair, Fat'h Al Khair, Mihzem, Idd Al Shargi, Sharq and Shra’ouh. These deliveries further strengthened our long-standing partnership with the world’s largest LNG supplier. Notably, Mihzem and Idd Al Shargi became the first vessels under the programme to be managed by MISC Marine Services, reflecting the confidence in our operational and asset management capabilities.

We also advanced our floating solutions portfolio with the successful sailaway and commencement of operations of FSU Puteri Delima Satu. As Malaysia’s largest FSU, this milestone enhances the nation’s LNG storage capacity and demonstrates our ability to deliver practical and reliable solutions that support critical energy infrastructure.

Beyond LNG, we continued to diversify our portfolio to support long-term value creation. In 2025, MISC secured long-term contracts for two Very Large Ethane Carriers with PTT Public Company Limited, reinforcing our focus on revenue resilience through future-ready solutions.

Throughout the year, our newbuild programmes progressed steadily at leading shipyards, supported by close collaboration with our partners to meet growing and diverse energy demand. More importantly, 2025 reaffirmed the strength of our partnerships, built on trust, shared accountability and a long-term perspective.

As we look ahead to 2026, we remain focused on strengthening our resilient core, deepening collaboration and #deliveringProgress through operational excellence, sustainability and disciplined growth. Thank you for your continued trust and support. I look forward to building on this momentum together in the year ahead.

Hazrin Hasan

Vice President, Gas Assets & Solutions