Untitled - Swissco Holdings Limited
Untitled - Swissco Holdings Limited
Untitled - Swissco Holdings Limited
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CORPORATE MILESTONES<br />
1970 Sea Well Industrial and Ship Supply Company was founded and located in a rented office at<br />
Cantonment Road, Singapore.<br />
1973 Acquired our first Out Port Limit (OPL) boat for better control of delivery of ship supplies.<br />
1975 <strong>Swissco</strong> Offshore (Pte) Ltd was incorporated to assume the growing business in OPL marine logistics.<br />
The company moved to its own office at International Plaza, Singapore.<br />
1980’s The Company emerged as one of the leading operators of OPL boat and marine logistics services.<br />
Discontinued our ship supply business.<br />
1990 Acquired our first offshore support vessel to expand our services into the regional oil and gas industry.<br />
Acquired our first barge to meet increasing demand for our services.<br />
1995 Relocated to our own waterfront yard and office at 9 Pandan Road, Singapore; this served as a base<br />
for our increasing fleet, our fabrication and warehousing facilities.<br />
1996 Founded PT Swisko Berjaya in Indonesia together with partners to serve the country’s oil and gas industry,<br />
marine infrastructure and mining industry.<br />
1997 Acquired 2 new tugs to support our growing operations.<br />
1998 Started our first offshore fleet renewal with the delivery of 2 new vessels.<br />
Ventured into the ship repair business by acquiring our repair facility at 60 Penjuru Lane, Singapore with<br />
its 3,000 DWT dry dock, the facilities being operated by Singapore Marine Logistics Pte Ltd.<br />
2000 Expanded our ship repair and maintenance capability by acquiring 58 Penjuru Lane, Singapore. With<br />
2 slipways, these enabled us to offer more efficient operations and customers’ flexibility.<br />
<strong>Swissco</strong> Offshore Ltd was incorporated to hold our foreign-flagged vessels.<br />
2002 Regional Marine Supply Pte Ltd was incorporated to engage in the business of supplying ships with<br />
spares, stores and other provisions.<br />
2003 Swisko Marine (Malaysia) Sdn Bhd and Asia Pacific Marine Ltd were incorporated in Malaysia with partners<br />
to cater to its growing Oil and Gas industry.<br />
2004 <strong>Swissco</strong> International <strong>Limited</strong> was incorporated; and was admitted to the Singapore Exchange Securities<br />
Trading <strong>Limited</strong> Dealing in Automated Quotation System (“SGX-SESDAQ”), bringing the Group forward<br />
to the next level of growth.<br />
2005 Signed a S$6.9 million contract with a Chinese shipyard to build one unit of 48m anchor handling tug,<br />
our first biggest offshore vessel todate.