1.
Maritime Offshore Market Snapshot
Singapore

2.
The Singapore Maritime industry
INDEX
1. Singapore Maritime Industry
2. Major shipyards, vessel types, business potential
3. Some of the leading brand names in the Singapore maritime industry
4. Main ship design & engineering companies, concept design companies EPC’s
5. Major marine engine, propulsion and machinery manufacturers, major machine
workshops
6. Major marine/offshore Equipment & Supplies
7. Big Turn Key Contractors
8. Shipbuilding Associations
9. Shipowners
10. Oil and Gas companies
11. Big Projects
5/4/2016 © Finpro2

3.
Singapore Marine Industry
Divided into 4 sectors.
1. Ship Repair and Conversion
2. Shipbuilding
3. Rigging and Offshore Engineering
4. Marine Supporting Industries
Industry employed 107,000 workers
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Size Based on Turnover (%)
Ship Repair
Ship Building
Offshore

4.
Singapore is home to home to 2 dominating
yard groups
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• The two main shipyard groups are:
• Keppel Offshore & Marine Ltd comprising of
- Keppel FELS Limited. Designer and builder of
mobile offshore rig solutions
- Keppel Shipyard Limited . Repair, conversion and
upgrading of a diverse range of vessels
- Keppel Singmarine Pte Ltd. Specialised offshore
support vessels including ice breaking vessels.
• Sembcorp Marine Ltd comprising of
- Jurong Shipyard . Ship repair, shipbuilding and
ship conversion, rig construction and offshore
engineering
- Sembawang Shipyard . Ship repair and offshore
conversion
- SMOE Pte Ltd. Engineering and construction of
integrated decks
- PPL Shipyard. Construction of mobile offshore
jack-up drilling rigs
- Jurong SML. Repairs, refit, upgrading, conversion
and construction of small to medium size vessels

5.
The industry have experienced a strong
growth the last decade
MARINE INDUSTRY'S TURNOVER (S$Billion)
S$Billion
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0
2
4
6
8
10
12
14
16
18
20
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Turnover

6.
MARINE INDUSTRY'S TURNOVER BY SECTOR
– Ship Repair 2005 TO 2014 (S$Billion)
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0
1
2
3
4
5
6
7
8
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Turnover

7.
MARINE INDUSTRY'S TURNOVER BY SECTOR,
2005 TO 2014 - Shipbuilding (S$Billion)
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0
0,5
1
1,5
2
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Turnover

8.
MARINE INDUSTRY'S TURNOVER BY SECTOR,
- Offshore 2005 TO 2014 (S$Billion)
0
2
4
6
8
10
12
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Turnover
5/4/2016 © Finpro8

9.
Oil Prices
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10.
Rig Orders
5/4/2016 © Finpro10

11.
Consequences – Reactions from the industry
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•Bloodbath across the industry is far from over. Currently poor rig demand, rig
oversupply, order cancellations and payment risks.
•Oil drillers have stopped or put aside plans for exploration and production.
•Competition among offshore and marine firms have become stiffer.
•Customers has requested for delivery deferments and in some case, contract
termination. In some cases, legal action has been taken for failing to take
delivery
•Keppel Offshore & Marine and Sembcorp Marine, the world’s leaders in rig
building have racked up sizeable declines in earnings.
•Smaller companies which made up 98% of the industry have not been spared
from the collateral damage
•Charter rates has dropped by as much as half and customer are taking a longer
time to close a deal because they are constantly comparing prices and asking
for more things.
•Petrobas (of Brazil) corruption scandal and its rig-building firm Sete Brasil has
added to the crisis as their network of suppliers includes players from
Singapore.

12.
Prospects For the industry
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•Marine business is cyclical. Oil prices will eventually reach a sustainable level.
•Companies are venturing into geographical areas they didn’t go to previously.
E.g Middle East region
• Companies trying to retain core capabilities so that they would be prepared to
take on new orders when the market recovers.
•Some companies still investing money on developing new, cutting edge
product designs for its customers as an edge over its competitors.
•Half of the rig fleet at current is >30 years' old and should gradually be retired.
•If there is a sharp recovery in oil prices, it might raise demand for
newbuild rigs especially drillships and harsh-environment jackups
• Singapore continues investing in R&D to address the challenges of offshore oil
& gas exploration & production.

13.
5/4/2016 © Finpro13
The Singapore main shipyard’s order
book – Keppel Corporation

14.
5/4/2016 © Finpro14
The Singapore shipyard’s order book
– Keppel Corporation

15.
5/4/2016 © Finpro15
The Singapore shipyard’s order book
– Sembcorp Marine

16.
5/4/2016 © Finpro16
The Singapore shipyard’s order book
– Sembcorp Marine

17.
2. Major Shipyards – Keppel Fels Limited
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Web-site www.keppelfels.com
Address 50 Gul Road Singapore 629351
Ownership Keppel Offshore & Marine Lid
Company
information
Operates from 5 yards:
Main yard (80,000sq m)
Pioneer yard (280,000 sq m)
Pioneer yard II (140,000 sq m)
Pioneer yard III (16,000 sq m)
Crescent yard (93,000 sq m)
Contact
information
Marketing@keppelfels.com
Activities/Business
Potential
Builder of mobile offshore rigs

18.
2.1 Major Shipyards – Keppel Shipyard
Limited
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Web-site www.keppelshipyard.com
Address 51 Pioneer Sector 1 Singapore 628437
Ownership Keppel Offshore & Marine Ltd
Company
information
World leader in FPSO, FSO, FSRU.
Yard size (443,423 sq m)
Drydocks:
Tuas dock (360,000 dwt)
Raffles dock (400,000 dwt)
Temasek dock (150,000 dwt)
Contact
information
ks@keppelshipyard.com
Activities/Business
Potential
Ship Building, Ship repair, ship design, ship conversions,
equipments

19.
2.2 Major Shipyards – Keppel Singmarine
Pte Ltd
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Web-site Keppelsingmarine.com
Address 15 Benoi Road Singapore 629888
Ownership Keppel Offshore & Marine Ltd
Company
information
Specialised shipbuilding division of Keppel Offshore
& marine
Contact
information
singmarine@keppelsingmarine.com
Activities/Busi
ness Potential
Specialised offshore support vessels
Including rock dumpling fall pipe vessels, pipelay
Construction vessels, ice breaking vessels, diving
support vessels, platform supply vessels
Harbour and ocean going tugs

20.
2.3 Major Shipyards – PaxOcean Group
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Web-site www.paxocean.com
Address
1 Kim Seng Promenade #07-02 Great World City
Singapore 237994
Ownership Kuok Singapore Limited
Company
information
The Paxocean Group comprises of 6 shipyards
located in Singapore, China and Batam,
Indonesia
Contact
information
Marketing@paxocean.com
Activities/Busi
ness Potential
Ship building, ship repair, ship conversion,
Offshore & Engineering, Rig building and
refurbishment, offshore platforms facility
fabrication.

21.
2.4 Major Shipyards – Jurong Shipyard
Pte Ltd
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Web-site www.jspl.com.sg
Address
29 Tanjong Kling Road Singapore
628054
Ownership Sembcorp Marine Ltd
Company
information
Proven track record in the conversion
of FSSOs/FSOs/FPUs/FRSUs, marine
and offshore repairs
Contact
information
Commercial.jspl@sembmarine.com
Activities/Busi
ness Potential
Ship building, ship repair, equipment,
ship conversion, rig construction &
offshore engineering

22.
2.5 Major Shipyards – Sembmarine
Integrated Yard
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Web-site www.sembmarine.com/index.php?page=Tuas
Address
80 Tuas South Boulevard, Singapore 637051
Tel: (65) 68378728
Fax: (65) 67103182
Ownership Sembcorp Marine Ltd
Company
information
Equipped with 4 VLCC drydocks totalling 1.55
million dwt. Capable of serving 18,000 TEU
mega-containerships and ultra-waterdeep rigs.
Contact
information
Commercial.jsp@sembmarine.com
Activities/Busi
ness Potential
Ship building, ship repair, Topside fabrication to
offshore engineering & construction, ship
conversion

23.
2.6 Major Shipyards – Sembawang Shipyard
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Web-site www.sembship.com
Address
Admiralty Road West Singapore
759956
Ownership Sembcorp Marine Ltd
Company
information
Largest interated ship repair &
conversion facilities in South East
Asia
Contact
information
Sembship.sspl@sembmarine.com
Activities/Busi
ness Potential
FPSO/FSO conversions offshore
vessels, Ship building, ship
conversions/refurbishments,
chemical tankers, LNG carriers,
offshore rigs, navy ship repairs
Asia’s premiere shipyard for cruise ship
refits, refurbishments and conversions.

24.
2.7 Major Shipyards – SMOE Pte Ltd
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Web-site www.smoe.com
Address
60 Admiralty Road West #02-01
Singapore 759947
Ownership Sembcorp Marine Ltd
Company
information
EPCIC service provider with a 25 ha
yard
Contact
information
feedback@smoe.com
Activities/Busin
ess Potential
Serving global upstream oil & gas
industry

25.
2.8 Major Shipyards – PPL Shipyard
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Web-site www.ppl.com.sg
Address 21 Pandan Road Singapore 609273
Ownership Sembcorp Marine Ltd
Company
information
Strong expertise in construction of prototype
designs: namely semi-submersibles under
the ExD, Express, Sedco 600 series and
JU2000 series of jack-ups. One stop solutions
from deisgn to procurement, construction,
testing and commissioning of the whole rig
including drilling systems
Contact
information
corporate@ppl.com.sg
Activities/Busin
ess Potential
Construction of mobile offshore
Jack-up drilling rigs, semi-submersible drilling
rigs,
Offshore construction and support vessels,
afloat repair
conversions

26.
2.9 Major Shipyards – Jurong SML
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Web-site www.jsml.com.sg
Address 57 Shipyard Road Singapore 628142
Ownership Sembcorp Marine Ltd
Company
information
Specialises in repairs, refit, upgrading,
conversion and construction of small to
medium size vessels, including building of fast
crafts, tugs, containerships, tankers, floating
platforms, modification of research & survey
vessels, pipe-laying equipment, dredgers, jack-
up platforms, drillships and heavy life cranes
Contact
information
Marketing.jsml@sembmarine.com
Activities/Busin
ess Potential
Repairs, refit, upgrading, conversion and
construction of small to medium size vessels

27.
3. Main ship design & engineering
companies, concept design companies EPC’s
• Hiap Seng Engineering Ltd (www.hiapseng.com)
- service provider in projects and maintenance services in the oil & gas and the
process industries.
• ABB (www.abb.com)
- full range of integrated services for EPC plants including: project management,
process engineering, multi-disciplinary detailed engineering
• Aibel Pte. Ltd. (www.aibel.com)
- They undertake all types of studies, detailed planning, procurement services and
project management for both onshore and offshore projects EPC
• Rotary Engineering Limited (www.rotaryeng.com.sg)
- integrated engineering design, procurement, and construction (EPC) services to
the oil and gas, petroleum, petrochemical and pharmaceutical industries
• Antara Koh Pte Ltd (www.antarakoh.com.sg)
- Specialist Contractor in Land and Marine Piling, Civil Engineering and Marine
Structure Construction such as Jetty, Bridges and Harbour
• Seagull Pte Ltd (www.seagullgroup.com.sg)
- Offshore / Subsea EPC Contractors
5/4/2016 © Finpro27

28.
3. Main ship design & engineering
companies, concept design companies EPC’s
• Lion Global Offshore Pte Ltd (www.lionglobal.com.sg)
- turnkey engineering, procurement, construction, and commissioning (EPC)
solutions for the offshore energy industry
• GB Marine Pte Ltd (http://www.gbmarine.com)
- design engineering company providing services in the fields of naval architecture,
marine consulting, structural and offshore engineering
• Jurong Engineering Limited https://www.jel.com.sg/Home/Contact
- EPC company capable of turnkey contracts mainly for small to medium size
projects
• Wartsila Ship Design Singapore Pte Ltd (www.wartsila.com)
- Designs for merchant, offshore and special vessels
• McPec Marine & Offshore Engineering Pte Ltd (www.mcpec.com)
- EPC contractor specializing in onshore and offshore modular structures.
•Szu Engineering Pte Ltd (www.szu-engineering.com)
- steel fabrication and design services, serving clients in a diversified range of
industries such as F&B, specialty chemicals, process chemicals and offshore
5/4/2016 © Finpro28

29.
4. Major marine engine, propulsion and
machinery manufacturers, major
machine workshops
• Power Diesel Engineering Pte Ltd (www.powerdiesel.com.sg)
- Provides a wide range of diesel engine services including engine overhaul, parts
suply & replacement, schedule & emergency engine repair and mainteance
•Powersource International Pte Ltd (www.pwsource.com.sg)
- Distributor for John Deere and Isuzu engines (sales, parts and aftersales). Master
service center for fire protection diesel engine.
• Wartsila Singapore Pte Ltd (www.wartsila.com)
- power solutions for the marine and energy markets.
• Cheong Lee Leong Seng Co Ltd (www.clls.com.sg)
- Sales, marketing and distribution of marine engines
• Cummins Sales & Service (S) Pte Ltd (www.marine.cummins.com)
- Manufacturer of marine engines
• Toyo Marine & Industrial (S) Pte Ltd (www.toyomarine.com.sg)
- Distributor of marine enginers
5/4/2016 © Finpro29

30.
4. Major marine engine, propulsion and
machinery manufacturers, major
machine workshops
• Asia Masima Pte Ltd (www.masima.com.sg)
- specialization in CNC Machine Tools, Sheet-Metal Working Machines And PC-
Based CNC Controller
• Hup Hoe Engineering Pte Ltd (www.huphoe.com.sg)
- Overhauling and repair of diesel marine and industrial engines, gearboxes, pumps,
winches, air compressors and hydraulic assembly
• Sekai Marine Ptd Ltd (www.sekaimarine.com)
- specializes in manufacturing mechanical parts that cannot be bought off the
shelves for the marine and offshore oil & gas industries
• UNI-Drive Systems Pte Ltd (www.uni-drive.com)
- distribution of Mechanical Power Transmission Products and related hardware
product
• Wearnes Engineering & Distribution Pte Lte (www.wealco.com.sg)
- Dealer in Hamiltonjet waterjet propulsion system
5/4/2016 © Finpro30

31.
5. Major marine/offshore Equipment &
Supplies
•Jotron Asia Pte Ltd (www.jotron.com)
- Safety communication equipments for maritime applications
•M-Tek Marine Pte Ltd (www.mtekmarine.com)
- Firefighting and lifesaving equipments in the marine & offshore industry
•OceanMaster Engineering Pte Ltd (www.oceanmaster.com.sg)
- Maintenance, Repair , Ouverhauling (MRO) services such as emergency afloat
repairs, rding squad serviceswharf-side, dry docking and offshore repairs for
marine industry
• Rapid Offshore & Marine Pte Ltd (www.rapidoffshoremarine.com)
- Turnkey HVAC & R solutions to offshore and marine applications
•Jebsen & Jessen (www.jjsea.com)
- leading engineer and manufacturer of offshore lifting and pulling equipment
• Pacific Radiance Ltd (http://www.pacificradiance.com)
- owner and operator of offshore vessels and a provider of subsea services,
shipyard services, marine equipment as well as project logistics to the global
oil and gas industry.
•Gardyon Pte Ltd(http://www.gardyon.com/
- Specialist in fire protection technology for the Oil & Gas industry5/4/2016 © Finpro31

32.
5. Major marine/offshore Equipment &
Supplies
• Beng Hui Marine Electrical Pte Ltd (www.benghui.com)
- marine and offshore electrical supplier to the shipbuilding, Ship Repair, On-
and-Offshore, Oil & Gas industries.
• Chee Fatt Co Pte Ltd (www.cheefatt.com.sg)
- Marine & Offshore, Mining, Oil & Gas and Ship Building & Repair.
• Epim Engineering International Pte Ltd (www.epim.com.sg)
-specializes in the design, fabrication and refurbishment of Marine, Oil and Gas
Equipment used on Jack-Up Rigs, Semi-Submersible Platforms, Floating
Production, Storage and Offloading (FPSO) vessels and Sub-Sea installations
• Global Hydraulics Pte Ltd (www.globalhydraulics.com.sg)
- Hydraulic, pheumatic, electrical and mechanical needs for marine, offshore
deck, industrial hydraulic equipments
• Index-Cool Marine & Industry Pte Ltd (www.index-cool.com.sg)
- Refigeration & HVAC systems for marine, offshore and industrial applications
• Chevon International (S) Pte Ltd. (www.chevon.com.sg)
- Heat exchangers, plate heat exchangers, water & oil coolers, pressure vessels,
radiators, axial & ventilation fan
5/4/2016 © Finpro32

33.
6. Major Turn Key Contractors
• Ipco International Holding Pte Ltd (www.ipco.com.sg)
- turnkey contractor and investor in oil & gas, power, transportation, water &
environment and industrial infrastructure projects worldwide.
• Global Offshore & Marine Pte Ltd (www.globalone.com.sg)
- turnkey project Specialist providing integrated services to the offshore and
marine industry
• Excel Marco (www.excelco.com)
- Offshore Oil & Gas Production Platforms , Jack-up and Semi-Submersible Drilling
Rigs FPSO/FSO (Floating Production Storage Offloading/ Floating Storage
Offloading vessels)
- Onshore Petrochemical Plants/Refineries Marine Automation Equipment
• Omega Integration Pte Ltd (www.omega-in.com)
- Turnkey solutions for the integration of multiplatform systems
• Dyna-Mac Holdings Ltd. (www.dyna-mac.com)
- Marine FPSO Topside Modules Construction related to Oil and Gas Industry,
Sub-Sea Products, Semi-Submersibles, Repair of Oil Rigs, Pharmaceutical Process
Packages and Power Generation Facilities.
5/4/2016 © Finpro33

34.
6. Major Turn Key Contractors
• Rapid Offshore & Marine Pte Ltd (www.rapidoffshoremarine.com)
- provide full turnkey solutions for HVAC/R requirements, for Marine or Offshore
application.
• Primeair HVAC Pte Ltd (www.primeairhvac.com)
– provide full turnkey solutions for HVAC/R requirements, for Marine or Offshore
application.
• Halcyon Offshore Pte Ltd (www.halcyonoffshore.com)
- Integrated engineering and construction group engaged in the offshore oil and gas
industry
• Alliance Marine Engineering (alliancemarine.sg)
- Accommodation Outfit Constrction for Jack-Up Rigs, Semi-Submersible,Tender Rigs
and FPSO/FSO/MOPU; including technical, design, and construction services
• LY Accom Marine Pte Ltd (www.lyam.com.sg)
- more than 15 years hand on experience in Marine Industries servicing the needs of
Hull Fittings across South East Asia.
• Seaquest Enterprise Pte Ltd (www.seaquestent.com.sg)
- major service provider in the installation of turnkey accommodation and
architectural fit-outs for the marine and offshore industry
5/4/2016 © Finpro34

35.
7. Shipbuilding Associations
Association of Singapore Marine Industries
30 Tuas Avenue 10
#07-01 Freight Links E-Logistics Technopark
Singapore 639150
Tel: (65) 6863 3038
Fax: (65) 6863 2881
Email address: admin@asmi.com
www.asmi.com
The Association of Singapore Marine Industries (ASMI) is a non-profit trade association formed in
1968 to promote the interests of the marine industry in Singapore. ASMI represents a wide
cross-section of the Singapore ship repair, shipbuilding and rig building industry. The major
shiprepair yards, rig builders and shipbuilders in Singapore as well as most of the established
local and foreign manufacturers and suppliers of marine and offshore components, and major
marine and offshore engineering companies are among its members. It also represents marine
and offshore engineering contractors and companies whose activities are directly related to the
industry including classification societies and marine consultants.
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36.
7. Shipbuilding Associations
Singapore Shipping Association
59 Tras Street, Singapore 078998
T: +65 6305 2260
F: +65 6222 5527
Email: ssa.admin@ssa.org.sg
www.ssa.org.sg
• SSA is an amalgamation of five previous shipping associations, namely
• The Singapore National Shipowners' Association
• The Singapore Shipping Association
• The Shipping Agents' and Brokers' Association of Singapore
• The Singapore Barges and Tugs Association
• The Singapore Shipowners' Association
It is to promote and protect the interests of its Members, who are basically shipowners and
operators, shipmanagers, ship agents and shipbrokers, and to enhance the competitiveness of
Singapore as an international maritime center.
5/4/2016 © Finpro36

37.
8. Shipowners
• Swissco Holdings Limited (www.swissco.net)
• FSL Trust Management Pte Ltd (www.fsltrust.com)
• Winning International Group Pte Ltd (www.winninggroup.com.sg)
• B&H Equimar Singapore Pte Ltd (www.bhocean.com)
• Hangli Shipping & Trading Pte Ltd (www.hangliship.com)
• Oldendorff Carriers Singapore office (www.prisco.com.sg)
• BW Maritime Pte Ltd (www.bwshipping.com)
• Credo Shipping Pte Ltd (www.credoshipping.com)
• Kumiai Navigation Pte Ltd (www.kn.sg)
• LITA Ocean Pte Ltd (www.litaocean.com)
• Mediterranean Shipping Co (Switzerland) Asia Regional Office Pte Ltd
(www.mcsingapore.com)
• Pacific Carriers Ltd (www.pcisg.com)
• Pacific Radiance Ltd (www.pacificradiance.com)
• Parakou Ship Management Pte Ltd (www.parakougroup.com)
• Sanko Kisen (S) Pte Ltd (www.sankoline.co.jp)
5/4/2016 © Finpro37

38.
8. Shipowners
• SE Shipping Lines Pte Ltd(www.seshipping.com)
• Universal Navigation Pte Ltd (www.uninavigation.com)
• Teras Cargo Transport Pte Ltd (www.terasamerica.com)
• Pacific World Shipping Pte Ltd (www.pw-shipping.com)
• Villa Shipping (S) Pte Ltd (www.villa.com.sg)
• Berhard Schulte (s) Holdings Pte Ltd (www.schultegroup.com)
• Odfjell (S) Pte Ltd (www. odfjell.com)
• OMC Shipping Pte Ltd (www.omcs.com.sg)
•Oskar Wehr Asia Pte Ltd (www.wehrship.de)
•Pacmar Shipping Pte Ltd (www.pacmar.com.sg)
• Petredec Services (Asia) Pte Ltd (www.petredec.com)
•Regional Container Lines Pte Ltd (www.rclgroup.com)
•Samudera Shipping Line Ltd (www1.samudera.com)
•Sandigan Ship Management Pte Ltd (www.sandiganship.com.sg)
• Siva Ships International Pte Ltd (www.sivashipping.com)
5/4/2016 © Finpro38

39.
9. Oil & Gas Companies
•GlobalTech Systems Engineering Pte Ltd (www.gsepl.com)
- provider of engineering consultancy services, project management, fabrication
and the supply of customised process package equipment for the oil and gas,
petrochemical, refinery power generation and marine industries.
• Asiatec Industries Pte Ltd (www.asiatec.sg)
- Supply of explosion proof products and industrial products.
• Equip Offshore Pte Ltd (equipoffshore.sg)
- Deepwater mooring systems for the offshore and oil and gas industry
• Raytech Engineering Services Pte Ltd (www.raytech.com.sg)
- design and supply of custom built mechanical and process system equipment
for the Oil & Gas, Petrochemical, Refinery, Power Generation and Marine
industries
• KS Engergy Ltd (www.ksenergy.com.sg)
- one-stop energy services provider to the global oil and gas (”O&G”), marine and
petrochemical industries.
• Eng Tek Pte Ltd (www.engtek.com.sg)
- engineering solutions to the oil & gas industry
5/4/2016 © Finpro39

40.
9. Oil & Gas Companies
• Jordanns Engineering Supply Pte. Ltd (www.jordanns.com )
- Product marketing distribution company in Oil and Gas, Marine industries.
Provide solutions to Oil Rigs, FPSO and offshore vessels.
• KTL Offshore Pte Ltd (ktlgroup.com)
- Provide products to offshore Oil & Gas and related industries.
• Gates Engineering & Services Pte Ltd (www.gatesae.com)
- stockist and supplier of hydraulic, industrial and oil field hose solutions to the oil
& gas, marine
• CSI Oil & Gas Pte Ltd (www.csi-pl.com)
- Supplying standard design and manufacture engineering equipments to the Oil
& Gas, Petrochemical, Refinery, Power Generation and Marine Industries
• LoadCell Services Pte Ltd (www.gasoilservices.com)
- Specialized drilling rig solutions, calibration, certification, commissioning,
compliance, consultancy, design, integration, products, repair, supply and testing
• Flow Equipment Sales & Service Pte Ltd (www.flowequipment.com.sg)
- Sales & Service of liquid handling equipment for oil & gas, chemical industries.
5/4/2016 © Finpro40

41.
10. Big Projects – Tuas Mega Port
• Singapore is building a new mega port located at Tuas to
free up prime land in Tanjong Pagar and Pasir Panjang for
future residential and mixed-use developments.
• The Maritime and Port Authority of Singapore (MPA) on
Thursday (Apr 23, 2015) signed a S$2.42 billion agreement
with Dredging International Asia Pacific-Daelim Joint
Venture for works on Tuas Terminal Phase 1.
• Under the agreement, the contractors will dredge the
waters, construct the wharves and reclaim 294 hectares of
land.
• It is expected to be completed by Dec 27, 2020. When
completed, the Tuas Terminal will have the capacity to
handle 65 million twenty-foot equivalent units (TEUs) per
annum. Its key features include making use of automated
machinery and green energy systems to improve
productivity and be environmentally sustainable.
• MPA has Maritime Innovation and Technology (MINT) Fund
for potential research and test-bedding of technology
solutions
5/4/2016 © Finpro41

42.
Comments and questions can be sent to:
Mr Lim Hock Chye
Finnbiz Consultany
Country Representative
Finpro Singapore
hock.chye@finpro.fi