ASL Marine Holdings

ASL Marine Holdings Ltd. is a vertically integrated marine services group principally engaged in shipbuilding, ship repair and conversion, ship chartering, engineering and other marine-related services, catering to customers mainly from Asia Pacific, South Asia, Europe, Australia and the Middle East. Headquartered in Singapore and listed on the Singapore Stock Exchange since 17 March 2003, it has over the years grown into one of the region’s key players in the marine services sector. The Group started operations as a trader of scrapped steel material in 1974 and subsequently rode on the 1980s construction sector boom by undertaking building construction works. Guided by its vision to be a leading player in the marine sector, the Group undertook ship-breaking activities in 1986 before venturing into shipbuilding and ship repair, constructing its first barge and tug in 1988 and 1990 respectively. In 1989, the Group extended its vertically integrated capabilities by providing charter of tugs and barges and other marine logistics services. ASL Marine owns and operates shipyards in Singapore and Batam (Indonesia), providing a comprehensive range of marine engineering services spanning many sectors and industries. The Group’s 300,000 dwt graving dry dock in Batam is one of the few docks in the region capable of repairing Capesize vessels. It has a young fleet of vessels comprising barges, towing tugs, anchor handling tugs, anchor handling towing/supply vessels, offshore support vessels and other vessels for its ship chartering operation.