Malaysia International Ship Registry (MISR) is a body for the registering of international ships. The MISR has been established to encourage individual and foreign shipping companies to register their ships in Malaysia without having to comply with the requirement of Malaysian majority shareholder. The MISR would enable the placing Malaysia on the international maritime map.
Under the ship registry, foreigners are allowed to hold 100 per cent equity in line with the government’s effort to encourage foreign investments in the country. With the registration of international ships, it would help increase the ships registry capacity and that to be able to handle the country’s transportation trade.
Shipping operations include the transportation of passengers or cargo by sea or the letting or charter of ships on a voyage or time charter basis.
Eligibility of ship owner:
Ship eligibility and survey requirements: