MILESTONES | Kim Heng Ltd

2020

Kim Heng’s ownership of AHT & AHTS vessels expansion to a fleet size of 11
Incorporation of a wholly-owned subsidiary in Singapore named Zale Offshore Response Pte Ltd
Joint venture between Kim Heng Marine & Oilfield Pte Ltd and 蓮豪有限公司, a Taiwan-incorporated company
Incorporated a 49%-owned subsidiary in Taiwan named Bridgewater Marine (Taiwan) Limited
Setting up a branch in Taiwan named Thaitan International Pte Ltd (Taiwan Branch) formerly known as Mazu Land and Marine Works Pte Ltd (Taiwan Branch)
Award of Horizontal Directional Drilling work for submarine cable installation contract from Hung Hua Construction Co. Ltd. Embarked on the Offshore Wind Farm Project in Taiwan

Incorporation of wholly-owned subsidiary in East Malaysia named Kim Heng Marine Labuan Limited
Incorporation of a joint venture company, Bridgewater Offshore Pte. Ltd. between Kim Heng Offshore & Marine Pte. Ltd., Phillip Enterprise Fund Limited and Phillip Ventures Enterprise Fund 5 Ltd

Joint venture between KH Mazu Offshore & Marine Sdn. Bhd. and Ruhm Marine Sdn. Bhd. Incorporation of subsidiary in Malaysia called Ruhm Mazu Sdn. Bhd.
Incorporation of wholly-owned subsidiary in Singapore named Mazu Land & Marine Works Pte. Ltd.
Embarked on the first Marine and Horizontal Directional Drilling works contract
Owner and Operator of a fleet of Offshore Support Vessels

Completion of Kim Heng‘s headquarters of a 4-storey office cum warehouse building at 48 Penjuru Road Singapore

Incorporation of Kim Heng Heavy Equipment Pte Ltd to expand into sale, rental, leasing, repair and maintenance of industrial machinery and equipment
Incorporation of KH Mazu Offshore & Marine Sdn. Bhd. in Malaysia to undertake repair and docking of vessels, supply chain and crew management and heavy-lift equipment rental

Listed on the Catalist Board of the Singapore Exchange Securities Trading Limited
Planned expansion of yard facilities, vessel fleet and business & service offerings

Completed first re-activation and refurbishment of a jack-up rig, Randoplh Yost at Pandan Crescent Yard

Constructed and delivered the second accommodation and pipelay barge McDermott LB32

Addition of Kim Heng Shipbuilding & Engineering Pte Ltd to undertake shipbuilding projects
Increased rig fabrication activities by fabricating blocks for the construction of semi-submersible rigs, jack-up rigs and drilling rigs

Acquired “Darwin Offshore Logistics Base Pty Ltd (“DOLB”) in Darwin, Australia to provide marine transportation and offshore management and support services for oil and gas exploration, development and production activities in the Australian market.
Sold DOLB in 2015

Incorporation of Kim Heng Tubulars Pte Ltd to expand into the rental and trading of oil field equipment and specialty steel tubular products to offshore O&G customers

Embarked on rig fabrication activities with a project awarded by Transocean for fabrication and modification works to be carried out on a semi-submersible rig

Changed name to Kim Heng Marine & Oilfield Pte Ltd to better reflect the offshore O&G and marine industries that it serves

Ventured into repair and maintenance activities for offshore oil rigs at anchorage, including fabrication, installation and painting of steel structures and the provision of specialised oil field equipment

Engaged in supply base management, carried out loading and unloading activities for offshore vessels, rig agency work and storage and maintenance of equipment related to oil and gas activities

Kim Heng Maritime Pte Ltd was set up to provide offshore maritime transportation services

Our Group corporatized itself through the incorporation of Kim Heng Marine Pte Ltd