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 August 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Ship Repair & Conversion

Private Ship Repair Moves Dry Dock Timelines

A delay in private repairs to the hospital ship Africa Mercy has caused a two-and-a-half week adjustment of timelines for Transnet National Ports Authority’s R30

Exhaust Gas Scrubber Guide Updated

An updated version of the “Exhaust Gas Cleaning Systems Selection Guide” is now available, the U.S. Maritime Administration (MARAD) announced today.   Developed

Oman Drydock Company Expands Rapidly

Oman Drydock Company (ODC) is growing fast. In January, the yard hit an important milestone - its 300th drydocking. Harnessing the power of its new $1.8 billion, 1.

Environmental

Hurricane Fred Strengthens in Eastern Atlantic

Hurricane Fred strengthened early Monday in the eastern Atlantic as it approached the Cape Verde Islands, while the remnants of Tropical Storm Erika brought flooding to parts of South Carolina,

TOTE’s 2nd LNG Containership Launched

Shipping company TOTE and shipbuilder NASSCO on Saturday launched Perla del Caribe, the second of two Marlin Class ships – the first containerships in the world to be powered by natural gas.

HHI Orders Regasification Systems from Wärtsilä

South Korean shipyard Hyundai Heavy Industries (HHI) has ordered two seawater/propane based regasification modules from Wärtsilä. The systems are to be installed

 
 
Maritime Careers / Shipboard Positions Maritime Standards Naval Architecture Navigation Pipelines Port Authority Ship Electronics Ship Repair Ship Simulators 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: 0.3020 sec (3 req/sec)