The Singapore Association of Shipbuilders and Repairers (SASAR) was formed in April with 10 members, who represented a third of the shipyards in operation.

The marine industry breached the $100 million mark in total revenue.

The first Very Large Crude Carrier (VLCC), ST Bulford, drydocked at Jurong Shipyard, propelling Singapore into the supertanker league.

Neptune Ruby, became the first ocean-going vessel bulit in Singapore. It was built by Jurong Shipbuilders.

The first five-year apprenticeship scheme was introduced by SASAR to meet industry's increasing need for skilled workers.

The marine industry doubled its total revenue to S$2 billion.

Singapore was established as the world's premier jack-up rig building centre.

Singapore established a first in Asia when FPSO II was converted from a tanker into a floating production storage and offloading (FPSO) facility by Keppel Shipyard.

Safety checklists for all trades were introduced for the industry by SASAR to instill safety consciousness among the rank-and-file.

Singapore became the largest shiprepair centre in the world in terms of capacity with an aggregate deadweight of 2.82 million tonnes.

Singapore became the largest shiprepair centre in the world.

Western Pacesetter IV, the largest semi-submersible built in the region, was completed by Far East Levingston and Jurong Shipyard.

The marine industry grossed over S$3 billion in total revenue.

Singapore chalked up another milestone in rigbuilding with delivery of Galaxy I, the world's first Universe-Class rig capable of working in harsh environment and deep waters.

The Safety Management Code was drawn up by ASMI to provide a framework for shipyards to implement a Safety Management System.

The Marine Group Local Industry Upgrading Programme (LIUP) was launched by the Economic Development Board and seven major shipyards, in a concerted effort to raise the standards of marine sub-contractors’ work-force.

Two supertanker drydocks, the Tuas Dock in Keppel Shipyard and No. 3 Drydock in Jurong Shipyard were built. The No. 3 Drydock at 500,000 dwt was the largest drydock in Asia.

Keppel FELS successfully developed and tested a new rack and pinion elevating unit. Working in tandem, 54 units of this elevating system are capable of lifting 35,000 tons, suitable for elevating decks of the world's largest existing jack-up rigs.

ASMI organised the first Safety Improvement Teams (SIT) Convention for Marine Industry to provide a platform for workers to share successful safety improvement projects with one another for mutual benefits.

ASMI launched the Certified Marine Supervisor (CMS) Award to encourage the upgrading of supervisory personnel and to give recognition to outstanding marine supervisors.

A Safety, Health and Environment Management Manual was produced by ASMI to assist companies to put in place safe work practices and management systems in order.

Keppel Singmarine completed the conversion of world’s largest floating gas diesel power plant, Haripur Commodore I, with a total output of 120 mega watts.

ASMI jointly organised the first major collective industry promotion and recruitment exercise - 'Marine Industry Fair 2001' with the Ministry of Manpower to attract more Singaporeans to join marine industry.

Jurong Shipyard delivered Sultana Del Este, the world's largest floating power plant to Wartsila NSD of Finland.

The marine industry generated a record-breaking total turnover of S$4.4 billion.

The marine industry achieved all-time best safety records with Accident Frequency Rate of 3.1 accidents per million man-hours worked and Accident Severity Rate of 394 man-days lost per million man-hours worked.

The ASMI Marine & Offshore Technology Scholarship was launched with Marine and Offshore Technology Division in the School of Engineering of Ngee Ann Polytechnic to students in the diploma course.

50 workers from shipyards and marine companies received the Model Worker Award presented by the National Trades Union Congress to recognise and reward the contribution of workers in key sectors of the economy.

ASMI produced a "Guide To Good Business Practice For The Marine Industry" to provide guidelines on good business conduct and practices for members' adoption to foster more congenial business relationships.

The Keppel Professorship in Ocean, Offshore and Marine Technology was set up at the National University of Singapore to establish Singapore as a centre of innovation and excellence providing new solutions, services and products for the maritime and offshore industry.

Singapore remained as the single most important jack-up rig construction and Floating Production Storage Offloading (FPSO) conversion centre in the world.

The Marine Group LIUP and ASMI jointly launched the Marine Innovation Competition to invite and encourage innovative solutions to current problems encountered within the marine industry.

Jurong Shipyard successfully executed a new rigbuilding technique to skid and mate the massive 14,000-ton upper hull over the lower hull of a new semi-submersible rig, and was awarded the Innovation of the Year Award by SPRING Singapore.

The Marine LIUP SME Affiliate Programme was launched by the Marine Group LIUP to strengthen entrepreneurship in the marine industry.

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A series of shipyard tours for secondary schools was organised by ASMI and Ngee Ann Polytechnic to raise awareness on marine industry and interest the young towards the industry as a career of choice.

The ASMI Marine Engineering Scholarship was launched for outstanding ‘O’ levels students selecting marine engineering as their first choice course of study at the Singapore Polytechnic.

ASMI launched the Marine and Offshore Undergraduate Scholarship scheme for final year Mechanical and Production Engineering students of Nanyang Technological University enrolled in the marine and offshore specialisation module.

ASMI collaborated with the Singapore Workforce Development Agency to launch a Marine Place and Train Programme to select and train displaced workers from other industries for tradesmen’s jobs in marine industry.

ASMI co-organised Singapore International Maritime Centre's participation at the Posidonia 2004 held in Piraeus, Greece, together with the Maritime and Port Authority of Singapore (MPA).

50 CEOs and senior management representatives reaffirm their commitment to creating a safe and healthy work environment in their shipyards in a safety pledge signing ceremony.

The marine industry hit an all time high of S$7.43 billion in total revenue.

ASMI and Republic of Singapore Navy launched the RSN-ASMI Career Transition Scheme to facilitate the transition of naval specialists completing their naval contracts into the marine industry.

ASMI organised the first Marine Learning Carnival for secondary schools together with Marine Group LIUP and Ngee Ann Polytechnic to generate awareness and interest in the marine industry.

The ASMI Super V Scheme was launched under the Marine Job Re-Creation Programme in collaboration with NTUC and WDA to make jobs in the marine industry more attractive for Singaporeans.

Jurong Shipyard delivered 2,646 TEU Wan Hai 311, the largest and most advanced container vessel container vessel designed and built by a Singapore Shipyard.

The marine industry reached a new record of S$9.8 billion in total revenue.

ASMI organised Singapore's participation in the premier international offshore oil and gas exhibition, Offshore Technology Conference 2006, for the first time in Houston, Texas, USA.

Keppel FELS secured its first drilling rig contract from Brazil.

Keppel FELS secured the first contract for its new KFELS N Class jack-up rig.

Keppel Shipyard undertook world's first LNG Floating Storage and Re-gasification Conversion with Golar LNG Limited.

ASMI collaborated with Keppel Corporation, MPA and Singapore Maritime Foundation (SMF) to commission a 21-part Madarin drama serial, ' The Peak', which was broadcasted over prime time television.