MISC stock: MISC secures five LNG charters. Five vessels shape MISC stock's 2030 outlook

Published on 10/24/2026 at 01:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

MISC secured five LNG charters in October. MISC stock reported MYR 4.79 billion in second-quarter 2026 revenue, up 76.00 percent year over year.

Contract timing and earnings

MISC secured five LNG carrier charters on October 8, 2026, with operations expected in 2030.
Second-quarter 2026 revenue reached MYR 4.79 billion, up 76.00 percent year over year.
MISC stock was last quoted at MYR 8.30 on Bursa Malaysia on October 23, 2026.
MISC is scheduled to release third-quarter 2026 earnings on November 26, 2026.

MISC, MYL3816OO005, Illustration mit AI erstellt.

MISC Berhad (ISIN MYL3816OO005) secured five additional liquefied natural gas carrier charters that are expected to start in 2030, extending its contracted shipping pipeline. Baird Maritime reported on October 20, 2026 that MISC had exercised options for the vessels at Hudong-Zhonghua Shipbuilding.

Five charters, 20-year terms

The latest five ships are tied to firm 20-year charters, with each vessel expected to enter service from 2030. The project expands MISC's LNG carrier program while keeping future deployment linked to PETRONAS LNG demand. The Edge Malaysia reported that the agreement was signed on October 7, 2026 and that the contract value was not disclosed.

What does the timing mean?

The earnings effect is back-loaded because operations begin in 2030, while construction and financing costs arrive earlier. The Star said on October 12, 2026 that Kenanga Research estimated the five vessels could contribute RM162 million to its fiscal year 2026 forecast earnings base, or 6.00 percent. The same report cited potential additional annual revenue of at least RM600 million, alongside a possible two to three percentage point expansion in the division's earnings before interest and tax margin.

Three dated milestones

On August 27, 2026, MISC reported second-quarter revenue of MYR 4.79 billion, up 76.00 percent year over year, according to MarketScreener. On October 8, 2026, MISC disclosed the five 20-year LNG charters through a Bursa Malaysia filing, as reported by The Edge Malaysia. On October 20, 2026, the company exercised options for five additional carriers, according to Baird Maritime.

The next reporting date

MarketScreener lists November 26, 2026 as the scheduled release date for MISC's third-quarter 2026 earnings. That report should show whether current tanker conditions and the LNG pipeline are translating into nearer-term earnings momentum.

Contracted growth arrives later

MISC's dated milestones point to a business mix in which long-term charter coverage supports visibility, but the five new vessels do not begin operations until 2030. MISC was last quoted at MYR 8.30 on Bursa Malaysia on October 23, 2026.