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Corporate Transformation Milestones of Major Singapore Shipyards


CORPORATE TRANSFORMATION MILESTONES OF MAJOR SINGAPORE SHIPYARDS
 

1800s

 

1859

Singapore's first dry dock, No. 1 Dock, was built at the New Harbour (the present Keppel Bay).

1960s

 

1963

Jurong Shipyard was set up as a joint venture with IHI Japan.

1965

The No. 1 Drydock, a 96,000 dwt dry dock in Jurong Shipyard was officially opened by then Minister for National Development Mr Lim Kim San.

1967

Far East Shipbuilding Industries was incorporated.

1968

Sembawang Shipyard was established when the British Naval Dockyard was handed over by the British garrison to the Singapore government for a token fee of S$1.

Keppel Shipyard was formed to take over the dockyard department of the Port of Singapore and managed by the Swan Hunter Group.

Singapore Shipbuilding and Engineering was incorporated.

1970

Hitachi Zosen Robin Dockyard was set-up.

Far East Shipbuilding Industries was renamed as Far East Livingston Shipbuilding Ltd.

1970s

  

1971

Keppel Shipyard acquired a stake in Far East Levingston Shipbuilding.

1972

Jurong Shipbuilders was officially opened by then Prime Minister Mr Lee Kuan Yew.

Keppel Shipyard came under local management.

No. 2 Drydock, a 300,000 dwt drydock, the largest in south Japan and east of Suez was built in Jurong Shipyard.

1973

Sembawang Shipyard was listed on the Singapore Stock Exchange.

1975

Keppel Shipyard expanded its operations overseas in the Philippines and Keppel Philippines Shipyard was operational in 1976.

A new 400,000 dwt drydock was built in Sembawang Shipyard at a cost of S$50 million and named Premier Dock by the then Prime Minister, Mr Lee Kuan Yew.

1976

Keppel Shipyard acquired Singmarine Shipyard.

Keppel Shipyard's S$90 million ship repair facilities in Tuas started operation.

1977

Keppel Shipyard's first graving dock, the S$90 million Temasek Dock, began operations.

1980

Keppel Shipyard was listed on the Singapore Stock Exchange.

1980s

 

1981

The new 150,000 dwt President Floating dock was acquired by Sembawang Shipyard as part of the shipyard's facilities expansion programme.

1982

Keppel Shipyard's second graving dock, the Raffles Dock, commenced operations.

1986

Keppel Corporation was incorporated with Keppel Shipyard as its major operating division.

1987

Jurong Shipyard was listed on the Singapore Stock Exchange.

Singmarine Shipyard was merged with Singapore Slipway and renamed Singmarine Industries.

1990

Singapore Shipbuilding and Engineering was listed in the Singapore Stock Exchange as Singapore Technologies Marine.

Sembawang Shipyard's 60,000 dwt floating dock, Republic Dock was named and commissioned by then Prime Minister, Mr Goh Chok Tong.

Far East Levingston Shipbuilding (FELS) acquired AMFELS, a shipyard in Brownsville, Texas and renamed it Keppel AmFELS.

1990s

 

1994

FELS set up Offshore Technology Development Pte Ltd to undertake research and development for jack-up rigs and critical equipment.

Jurong Shipyard took up shares in Atlantis Shipyard Pte Ltd.

ST Marine started Tuas Yard operations.

1995

Sembawang Shipyard set up Bohai Sembawang Shipyard (Tianjin) Co. Ltd in Tianjin, China.

1996

Keppel Shipyard's third graving dock, Tuas Dock, began operations.

Singapore Technologies Marine's second shipyard facilities in Tuas was officially opened.

No. 3 Drydocks, an Ultra Large Crude Carrier (ULCC) dock, commenced operation in Jurong Shipyard.

1997

FELS was renamed Keppel FELS.

Sembawang Shipyard and the Salim Group of Indonesia set up PT Karimun Sembawang Shipyard in Karimum, Indonesia.

The first merger exercise between industry majors Jurong Shipyard and Sembawang Shipyard, saw the formation of SembCorp Marine Ltd.

Singapore Technologies Marine Ltd became the marine arm of Singapore Technologies Engineering.

1999

Second merger between industry majors, Keppel Shipyard and Hitachi Zosen Singapore, resulted in the establishment of Keppel Hitachi Zosen Ltd.

Jurong Shipyard acquired SML Shipyard Pte Ltd.

2000

Keppel FELS formed joint venture with a Brazilian company to serve the offshore oil and gas markets of Brazil and west coast of Africa.

Sembawang Shipyard Pte Ltd and Jurong Shipyard Pte Ltd became fully owned subsidiaries of SembCorp Marine Ltd.

2000s

 

2001

Keppel FELS was privatised by Keppel Corporation and became its wholly-owned subsidiary.

SembCorp Marine acquired a 50% equity stake in PPL Shipyard Pte Ltd.

SembCorp Marine acquired 20% stake in Dalian COSCO Marine Engineering Co. Ltd.

Jurong Shipyard acquired a 35% per cent equity stake in Mauá Jurong, Brazil.

2002

Keppel FELS and Keppel Hitachi Zosen were integrated to form Keppel Offshore & Marine Ltd, a wholly-owned division of Keppel Corporation.

Keppel Offshore & Marine set up two other research and development units, Deepwater Technology Group and Marine Technology Development for designing semi-submersibles and ships.

Keppel Offshore & Marine (USA) Inc was established in Houston as a technology foresight and business development unit. 

Keppel Offshore & Marine acquired Verolme Botlek in the Netherlands and renamed it Keppel Verolme BV.

Singapore Technologies Marine acquired Friede Goldman Halter Marine in the United States and set up VT Halter Marine, Inc.

2003

Keppel Offshore & Marine set up Keppel Kazakhstan LLP facility to complement CSC in serving the offshore marker in the Caspian Sea.

SembCorp Marine acquired another 35% equity stake in PPL Shipyard Pte Ltd.

Jurong Shipyard achieved a successful execution of its proprietary world’s first “Load-out & Mating-In-Dock” technique to skid and mate a 5th generation dynamic positioning ultra-deepwater semi-submersible.

2004

Sembawang Shipyard became the first major Singapore shipyard to be presented with the Provisonal Statement of Compliance of a Port Facility for meeting the IMO’s International Code for the Security of Ships and Port Facilities (ISPS code).

SembCorp Marine acquired 30% equity stake in COSCO Shipyard Group.

2005

Keppel FELS’ joint venture with Brazil Company, PEM Setal Group became a wholly owned subsidiary of Keppel and was renamed Keppel FELS Brasil S.A.

Keppel Offshore and Marine set up Keppel Nantong Shipyard, China, a wholly-owned subsidiary.

PPL Shipyard completed acquisition of Sabine Shipyard located at Sabine Pass, Texas, USA and renamed it SembCorp-Sabine Shipyard, Inc.

2006

Keppel FELS set up a joint venture fabrication plant in Bintan called Bintan Offshore.

SembCorp Marine acquired additional 50% stake in Jurong Marine Services Pte Ltd, which became a wholly-owned subsidiary.

SembCorp Marine acquired SMOE Pte Ltd.

2007

Keppel Offshore & Marine won inaugural Offshore & Marine Engineering Award at the 4th Singapore International Maritime Awards.

Keppel Offshore & Marine established Keppel Offshore & Marine Technology Centre to spearhead quantum leap in technology.

SembCorp Marine set up R&D Centre, SembCorp Marine Technology Pte Ltd, to sharpen competitive edge in marine and offshore technology.

SembCorp Marine partnered with WTorre Empreendimentos Imobiliários SA to form joint-venture company to own and operate the largest and the first purpose-built facility in Southern Brazilian city of Rio Grande.

SembCorp Marine fostered partnership in India through a 3.31% stake investment in Pipavav Shipyard Limited.

SembCorp Marine partnered with Nasser Mohammed Al-Mukairish and Partners Company in Saudi Arabia to form SembMarine (Middle East) Pte Ltd (SMME), with a 60% share in SMME.

Jurong Shipyard acquired a 70% equity stake in Shanghai Jurong Marine Engineering & Technology Co. Ltd.

Jurong Shipyard won Innovation Excellence Award presented by SPRING Singapore for its strong innovation culture.

SMOE acquired 35% equity stake in Shenzhen Chiwan Offshore Petroleum Equipment Repair & Manufacture Co. Ltd.

Pan-United Marine Ltd was renamed Drydocks World-Singapore Pte Ltd, following its acquisition by Dubai Drydocks World LLC.

2008

ST Marine sets up wholly-owned subsidiary in China to focus on environmental engineering.

2009

Keppel FELS received the Institute of Engineers, Singapore’s Prestigious Engineering Achievement Awards 2009 for its environmentally-friendly offshore rig design KFELS Semi-submersible Drilling Tender and KFELS B Class jackup.

Sembcorp Marine announced groundbreaking for construction of an Integrated New Yard Facility in Tuas View Extension.

Sembawang Shipyard and Kakinada Seaports Limited signed JV agreement to set up marine and offshore facility, Sembmarine Kakinada Ltd, in India.

2010

Jurong Shipyard built new shipyard Estaleiro Jurong Aracruz in Aracruz, Brazil.

Keppel Offshore & Marine acquired the Estaleiro TWB shipyard in Navegantes, Santa Catarina, Brazil.

Keppel FELS built first multi-purpose self-elevating platform vessel in partnership with the Seafox Group.

Keppel Offshore & Marine and Qatar Gas Transport Company launched joint shipyard facility Nakilat-Keppel Offshore & Marine in Qatar.

2010s

 

2011

Keppel Offshore & Marine acquired 27.8% stake in Dyna-Mac Holdings Ltd to strengthen its capabilities as a core solutions provider in floating production systems including FPSO vessels.

2012

Keppel Offshore & Marine Technology Centre and ConocoPhillips jointly designed first-of-its-kind ice-worthy jackup rig to operate in the Arctic Sea.

Sembcorp Marine announced acquisition of a 34.5-hectare site at Tuas View South extension for Phase II development of its Integrated New Yard Facility.

Drydocks World-SEA was renamed DDW-PaxOcean Asia Pte. Ltd, following a 67% acquisition of Drydocks World-SEA by Pacific Carriers Limited, parent company of PaxOcean and subsidiary of Kuok Group. 

2013

Keppel Offshore & Marine, State Oil Company of Azerbaijan Republic and Azerbaijan Investment Company announced opening of 62-hectare Baku Shipyard LLC in Baku, Azerbaijan.

Keppel Corporation and National University of Singapore set up Keppel-NUS Corporate Laboratory, a S$75 million research laboratory, in collaboration with National Research Foundation. 

Sembcorp Marine collaborated with Nanyang Technological University to set up a S$20 million research facility Sembcorp Marine Lab @ NTU.

Sembcorp Marine announced the official opening of Phase I of its integrated new yard facility, Sembmarine Integrated Yard @ Tuas.

Sembcorp Marine signs Memorandum of Understanding with Saudi Aramco and National Shipping Company of Saudi Arabia to conduct a feasibility assessment of developing a world class maritime yard in the Kingdom of Saudi Arabia.

 




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