- YAYASAN SABAH SHIPPING SDN. BHD.
- SAFOND SHIPPING SDN. BHD.
- YAYASAN SABAH DUA SHIPPING SDN. BHD. INNOPRISE CAPITAL SDN. BHD.
The Yayasan Sabah Shipping Group of companies is actively involved in the international maritime trade, both in chemical products sector as well as in the offshore support vessels' services for the local oil and gas industry.
The wholly owned Yayasan Sabah Shipping Sdn. Bhd. (YSSSB) provides regular and efficient shipping services, including sourced-in tonnages to meet cargo demands. The company also provides technical management and marine consultancy services.
It was the first shipping company in Sabah to have been awarded the International Safety Management (ISM) Document of Compliance and Safety Management Certificate.
The company is committed to promoting high standards of customer satisfaction measurable by its quality of assets and its international certification of occupational health and safety affiliation. The certificate was accorded by the Marine Department of Malaysia and Lloyd's Register of Malaysia in June 2002. YSSSB also had the honour to be accorded the first Malaysian vessel by Lloyd's Register with the International Ship Security Certificate in 2004 by complying with the applicable requirements of the International Ship and Port Facility Security code.
Another wholly owned subsidiary, Safond Shipping Sdn. Bhd. is the state's exclusive agent in handling vessels involved in the carriage of logs for export from Sabah as well as handling all types of vessel calling Sabah and Labuan ports.
The Group is actively involved in the carriage of bulk liquid chemical products in the Asian region through the joint-venture companies of GS Tankers Sdn. Bhd., GS Tanker Dua Sdn. Bhd. and Formasi Cekal Sdn. Bhd. The tanker fleet comprises of MT Maliau, MT Mutiara Perak and MT Imbak.
Yayasan Sabah Dua Shipping Sdn. Bhd. is licensed with PETRONAS for the provision of the offshore support services, such as fast crew boat, anchor handling tug supply boat, accommodation barge, general purpose vessel, landing craft, straight supply vessel and floating production, storage and offloading. Currently, it has two fast crew boats, the M.V. Libaran and M.V. Padas on charter services to Shell and two landing craft tanks, the LCT Kota Belud as well as Wawasan 3 charter service to Petronas.
In line with the motto “The Way Forward”, the Group has a bold vision to venture further and diversify into other viable business activities related to the maritime and logistics sector, either on its own or through smart partnerships.