MISC Annual Report 2019

MISC’s LNG Asset Solutions segment possesses more than three decades of distinguished reputation as a global industry leader in safe and efficient transportation of LNG. With a proven track record of operational excellence, reliability, safety and on-time cargo deliveries, we are well-positioned to capitalise on emerging opportunities including non-conventional LNG solutions by leveraging on our in-house technical and ship management capabilities as well as the expertise in project management for newbuildings and refurbishment projects. KEY HIGHLIGHTS L N G A S S E T S O L U T I O N S FINANCIAL PERFORMANCE RM2,582 million Revenue RM1,190 million Operating Profit Further details on LNG Asset Solutions https://www.misc.com.my/solutions/lng-shipping Over 35 years of proven experience & operational excellence One of the world’s largest single owner and operators of LNG carriers Able to call at more than 80 LNG receiving terminals and over 30 LNG liquefaction terminals worldwide Transported 7% of the world’s LNG Owns and operates 29 vessels and 2 floating storage units (FSUs) that services Malaysia’s first regasification terminal offshore Sungai Udang, Melaka The first shipowner in the world to have operational experience with floating LNG unit (FLNG) Cumulatively made more than 9,800 voyages carrying more than 500 million tonnes of LNG management discussion & analysis 89 88 OUR BUSINESS PERFORMANCE MISC BERHAD PEOPLE. PASSION. POSSIBILITIES ANNUAL REPORT 2019