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Thursday, 26/2/2026 | 13:01 GMT+7

Pax Ocean opens USD 157 million shipyard in Singapore

Kuok Maritime Group announced that its subsidiary, Pax Ocean, has commissioned a new shipyard valued at SGD 200 million (approximately USD 157 million), capable of accommodating Suezmax-sized vessels.

The new facility, located at 5 Jalan Samulan, Singapore, replaces an older yard in Tuas Crescent. Spanning 17,26 hectares, it features two dry docks and one floating dock, capable of receiving large vessels, along with three berths totaling 1,250 m in length.

The inauguration ceremony took place on 7/2, with Murali Pillai, Senior Minister of State for Law and Transport of Singapore, in attendance.

Inauguration of Pax Ocean's new shipyard. Photo: Pax Ocean

Inauguration of Pax Ocean's new shipyard. Photo: Pax Ocean

According to Pax Ocean, the 5 Jalan Samulan shipyard is designed for new construction, structural fabrication, conversion, and vessel repair. This facility also includes an innovation center aimed at connecting maritime experts, technology partners, and young talent.

Tan Thai Yong, Chief Executive Officer of Pax Ocean, stated that this investment reflects the company's long-term commitment to strengthening Singapore's position as a leading global maritime and offshore hub.

The new Singapore shipyard is one of Pax Ocean's five facilities operating across Singapore, China, and Indonesia. The company is also developing an additional maintenance, repair, and operations (MRO) facility in Saudi Arabia.

Pax Ocean, a shipbuilding and repair company under Kuok Maritime Group (Singapore), specializes in new builds, conversions, structural fabrication, and maintenance for marine vessels, drilling rigs, and offshore structures. The company operates a network of yards in Singapore, China, and Indonesia, serving clients in the shipping, oil and gas, and offshore energy sectors. Pax Ocean aims to develop modern technical facilities that integrate innovation centers to enhance technological capabilities, safety, and operational efficiency throughout the maritime value chain.

The Dan (Seatrade Maritime News)

By VnExpress: https://vnexpress.net/pax-ocean-mo-xuong-dong-tau-157-trieu-usd-tai-singapore-5040285.html
Tags: Kuok Maritime Group shipyard Pax Ocean

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