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 Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Ship Repair & Conversion

Two Navy Contracts for GD Bath Iron Works

Included in the latest listing of contracts awarded by the US Department of Defense, Navy, are two contracts with General Dynamics Bath Iron Works, Bath, Maine.

Fred. Olsen Rig Upgrade Delayed; Costs Eyed

Rig to cost $195 mln to upgrade vs earlier $125 mln; upgrade to be completed in June vs earlier view April. Firm's down 5.6 percent. Norwegian rig firm Fred.

Grounded Navy Ship Repaired, Returns to Fleet

The Oliver Hazard Perry-class frigate USS Taylor (FFG 50), homeported in Mayport, Fla., successfully completed post-repair sea trials, April 21, the U.S. Navy reported.

Environmental

Ill-Considered Energy Policies Threaten US Navy: Report

The United States government has pursued energy policies based on “the mistaken belief in the unproven science that claims carbon dioxide (CO2) emissions from burning

NCL Spotlights Eco-Smart Cruising Program

On Earth Day, Norwegian Cruise Line NCL) celebrated key achievements from the past year that, as a part of its Eco-Smart Cruising program, help preserve the world's oceans.

BP Gulf Spill Trial Set For January

The high-stakes penalty phase of BP's trial over its role in the 2010 U.S. Gulf of Mexico oil spill will start next January, court officials said on Tuesday,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Port Authority Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar
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: 0.1080 sec (9 req/sec)