After 25 Years, Smit International Keeps Evolving

Monday, October 02, 2000
Although Smit International graced the marine industry with its presence in 1975, the company actually began in the mid-18th century as a shipbuilder, which would eventually evolve into its current state as a diversified marine service provider. Known as Smit International Singapore, the company is a wholly owned subsidiary of Smit International BV — a Dutch company listed on the Amsterdam stock exchange.

Celebrating its 25th anniversary this year, Smit formed a regional office in Singapore as a strategic move for expansion in the Far East. It was quick planning on the part of the company as it noted the region's ever-growing significance, as well as its large potential as a maritime hub at that time.

The company was initially established in Singapore as Smit International South East Asia (Pte.) Limited, at which time, the company's first-ever managing director, the late Gert Niemann, together with his staff, worked out of his home. This was the case because Smit's offices were not ready for occupation during the early weeks of operation. There was even one particular occurrence when Smit's staff and salvage crew were accommodated for a brief time onboard floating crane Typhoon Salvor — prior to the readying of the new office.

Sweeping changes soon occurred and the Smit International staff was finally able to move to its permanent home, with its 43 employees quickly making a name for their company by securing a major salvage contract within the first year of operation. The project involved a vessel named Kritisun worth $5 million, which was a significant job at that time.

Smit's toddler years of operation focused on its involvement within various marine services in the Port of Singapore and the region surrounding it. The company today has achieved this with the formation of Keppel Smit Towage Private Limited; Asian Lift Pte Ltd and Keppel Smit Transpacific in the Philippines.

Initially beginning with a pair of salvage barges, a crane barge, two tugs and a diving tender, Smit has since evolved into a company worth more than $200 million with a staff of 700. In fact, on its 25th anniversary the company recognized eight of the 43 original staff members who have been with Smit since its inception.

Presently, the company's activities encompass salvage, ocean, port and coastal towage, pipeline installation, horizontal directional drilling and offshore support.

Smit can be credited to the following projects, which include installation of tunnel elements for the Tuas Tunnel; the Tuas pipeline project from Jurong Island to Tuas Power Plant; the container and gantry cranes in the port of Singapore; and all cranes at Port Klang and Kuantan Port.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter April 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Ship Repair & Conversion

Conquest Installs 850t Crane on Allseas Solitaire

Conquest Offshore was contracted by Allseas to remove a 300-ton crane and transport and install a 850-ton Huisman crane on board of one of the largest pipe-lay vessels in the world, Allseas Solitaire.

Canadian Navy Frigate Refit Program Completed

Seaspan joined Harjit S. Sajjan, Canada’s Minister of National Defense, at an official ceremony today to celebrate the completion of the Halifax-Class Modernization/Frigate

How France Sank Japan's Sub Dream

Ousting of Japan ally PM Abbott opened door to rivals; Tokyo slow to respond to new competitive process. In 2014, a blossoming friendship between Australian

Environmental

Italian Ship Rescues 26 Migrants off Libya

An Italian merchant ship rescued 26 migrants off the coast of Libya in rough seas and others were feared missing, the Coast Guard said on Saturday. The Coast

Symphony Sun’ Launched in Leer

On Friday the 29th of April, Nb. 420 was launched in Leer. She was christened ‘Symphony Sun’ and is the fourth vessel in a series of 6 that will be delivered to Symphony Shipping.

Great Lakes Inks M.E., N.C. Coastal Protection Project Deals

Great Lakes Announces $55 Million in Subcontract Work in the Middle East and Award of $38 Million for a Domestic Coastal Protection Project Great Lakes Dredge

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Navigation Offshore Oil Pipelines Salvage Ship Electronics Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0732 sec (14 req/sec)