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Swiber secures lease to expand Singapore shipyardSwiber secures lease to expand Singapore shipyard

Swiber Holdings has secured a lease to expand its shipyard in Singapore.

Marcus Hand, Editor

February 12, 2014

1 Min Read
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Swiber subsidiary Newcruz Shipbuilding & Engineering has secured the lease till 2021 from Jurong Town Corporation.

The Singapore-listed company said the 3.6 hectare piece of land with 220 m of waterfront was next to its existing yard and would be a form a comprehensive marine support base for its offshore construction activities.

“This additional lease secured by Newcruz will provide the necessary infrastructure to meet the increased demands for in‐house auxiliary shipyard services; achieving seamless vertical integration for the group and creating the competitive advantage for Swiber in the offshore oil and gas industry,” said Francis Wong, ceo and president of Swiber.

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About the Author

Marcus Hand

Editor

Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with over two decades of experience covering the shipping industry in Asia.

Marcus is also an experienced industry commentator and has chaired many conferences and round tables. Before joining Seatrade at the beginning of 2010, Marcus worked for the shipping industry journal Lloyd's List for a decade and before that the Singapore Business Times covering shipping and aviation.

In November 2022, Marcus was announced as a member of the Board of Advisors to the Singapore Journal of Maritime Talent and Technology (SJMTT) to help bring together thought leadership around the key areas of talent and technology.

Marcus is the founder of the Seatrade Maritime Podcast that delivers commentary, opinions and conversations on shipping's most important topics.

Conferences & Webinars

Marcus Hand regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars.

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