Malaysian Bulk Carriers Berhad () was incorporated on 19 November 1988. In 1995, it became the vehicle for a collaboration between Kuok Group and Global Maritime Ventures Berhad, a marine

venture capital Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies that have been deemed to have high growth potential or which ha ...

investment company funded by the

Malaysia Malaysia ( ; ) is a country in Southeast Asia. The federation, federal constitutional monarchy consists of States and federal territories of Malaysia, thirteen states and three federal territories, separated by the South China Sea into two r ...

n Government through Bank Industri & Teknologi Malaysia Berhad. On 2 December 2003, MBC was listed on the Main Board of

Bursa Malaysia Bursa Malaysia is the stock exchange of Malaysia. It is one of the largest bourses in ASEAN. It is based in Kuala Lumpur and was previously known as the Kuala Lumpur Stock Exchange (KLSE). It provides a full integration of transactions, offeri ...

. The MBC Group is one of the largest shipping enterprises in Malaysia and one of a handful of Malaysian shipping companies engaged in

international shipping Freight transport, also referred as ''Freight Forwarding'', is the physical process of transporting commodities and merchandise goods and cargo. The term shipping originally referred to transport by sea but in American English, it has been ext ...

using its own fleet of vessels. MBC presently owns and operates a fleet of vessels comprising dry

bulk carrier A bulk carrier or bulker is a merchant ship specially designed to transport unpackaged bulk cargo — such as grains, coal, ore, steel coils, and cement — in its cargo holds. Since the first specialized bulk carrier was built in 1852, econom ...

s and product tankers. Apart from shipowning and operation, MBC is also engaged in ship management and operates a container depot.

Subsidiaries

*Pacific Ship-Managers Sdn Bhd *PSM Perkapalan Sdn Bhd

External links

* 1988 establishments in Malaysia Companies listed on Bursa Malaysia Transport companies established in 1988 Malaysian companies established in 1988 {{malaysia-company-stub