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Malaysia investigates MISC for possible bribery

The Malaysian Anti-Corruption Commission started an investigation on MISC, regarding bribery allegations. The company said that it will cooperate with MACC in the investigation and will provide support as well. MISC officials are suspects for alleged corruption for about $28 million. MACC followed up on an information regarding alleged MISC officers making false payment claims.

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MISC receives fourth MOSS Type LNG carrier

MISC Group, a maritime solutions and services provider, received the "Seri Camar", the fourth in a series of five MOSS-Type Seri C Class LNG carriers. The 150,200 CBM LNG carrier has been built for MISC by Hyundai Heavy Industries. Seri Camar will joins its sister MOSS-Type newbuilds Seri Cenderawasih, Seri Camellia and Seri Cempaka on long-term charter to Petronas.

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Maersk Line and MISC Consolidate on Port of Tauranga

Tehy will both operate their Northern and Southern Star services through Tauranga Maersk Line, the world's largest container shipping line, operating in conjunction with Malaysia International Shipping Corporation Berhad (MISC), have announced plans to relocate their Southern Star service to Port of Tauranga (with the new port rotation: Tanjung Pelapas (Malaysia), Singapore, Tauranga, Lyttelton, Port Chalmers, Tanjung Pelapas).Port of Tauranga Chief Executive, Mark Cairns, said Maersk Line and MISC's announcement is great news. We have been working for some time to attract a new import ship call to Tauranga to better balance our MetroPort rail shuttle service to and from Auckland. We are very pleased to confirm the announcement by Maersk Line and MISC who will now operate both their Northern and Southern Star services through Tauranga on a weekly basis, with connections through to their South East Asian hubs.Maersk Line and MISC s new port rotation will commence on Saturday 10 December 2011 with the arrival of the vessel Euromax and will be reviewed again in June 2012, when MISC are withdrawing from container line shipping globallyPort of Tauranga is commencing a significant capital expenditure programme over the next few years to ensure that the Port continues to provide ...

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