MISC Bhd 2012 AR2
The report highlights MISC Berhad's financial recovery and strategic progress during the 2012 financial year, returning to profitability with a profit before tax of RM1.6 billion. Key achievements included the successful conversion and delivery of Malaysia's first two LNG Floating Storage Units (FSUs) for the Sungai Udang regasification project and entry into the shuttle tanker sector with two dynamic positioning (DP) shuttle tankers. The company also completed its exit from the container shipping business to contain losses and strengthen its balance sheet. In sustainability, MISC advanced its green initiatives, implementing fuel-saving technologies on its vessels and securing Green Award Certifications for several LNG and chemical tankers.
Company: MISC Bhd
Sector: Transport & logistics
Country: Malaysia
Year: 2012
Type: AR2
Pages: 319
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MISC Bhd
Annual Report
The report highlights MISC Berhad's financial recovery and strategic progress during the 2012 financial year, returning to profitability with a profit before tax of RM1.6 billion. Key achievements included the successful conversion and delivery of Malaysia's first two LNG Floating Storage Units (FSUs) for the Sungai Udang regasification project and entry into the shuttle tanker sector with two dynamic positioning (DP) shuttle tankers. The company also completed its exit from the container shipping business to contain losses and strengthen its balance sheet. In sustainability, MISC advanced its green initiatives, implementing fuel-saving technologies on its vessels and securing Green Award Certifications for several LNG and chemical tankers.
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Document Details
Report Year
2012
Reporting Period
Jan 1, 2012 - Dec 31, 2012
Fiscal Year
2012
Published
Jun 19, 2013
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women in Management
Employees