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Formerly | Malaysian Bulk Carriers Berhad |
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Company type | Public limited company |
MYX: 5077 | |
ISIN | MYL5077OO002 |
Industry | Shipping, logistics |
Founded | 19 November 1988 |
Headquarters | Level 17 & 18, PJ Tower, No 18, Jalan Persiaran Barat, Off Jalan Timur, 46050 Petaling Jaya, Selangor, Malaysia |
Key people | Hor Weng Yew (Chief Executive Officer) [1] |
Products | Dry bulk shipping, product tankers, ship management, storage systems |
Revenue | RM101.3 million (2023) [2] |
Subsidiaries | Pacific Ship-Managers Sdn Bhd PSM Perkapalan Sdn Bhd |
Website | www |
MayBulk Berhad (formerly Malaysian Bulk Carriers Berhad, trading as MYX : 5077) is a Malaysian public shipping company headquartered in Petaling Jaya, Selangor. It is primarily involved in owning, operating, and managing a fleet of dry bulk carriers and product tankers for international shipping. The company also provides ship management services and operates a container depot and a shelving & storage solutions business. [3]
The company was incorporated on 19 November 1988 and became the vehicle for a collaboration between the Kuok Group and Global Maritime Ventures Berhad, a marine venture capital investment company funded by the Malaysian government through Bank Industri & Teknologi Malaysia Berhad. [4]
On 2 December 2003, Malaysian Bulk Carriers Berhad was listed on the Main Board of Bursa Malaysia. [5]
In January 2024, the company officially changed its name to MayBulk Berhad. [6]
MayBulk operates a fleet of dry bulk carriers of various sizes including Handysize, Supramax, and Post-Panamax vessels, as well as several product tankers. It also provides ship management services and engages in the design and installation of industrial shelving and storage systems. [7]