HSL Set to Increase Productivity

Press Release
Thursday, February 21, 2013

The young Singapore marine and offshore engineering industry will soon get another boost of its market share and dominance in the region with HSL Constructor Pte Ltd’s (HSL) latest addition to its fleet of marine vessels.

 

The local marine civil engineering company has launched a new SGD 10 million piling barge - deemed to be Southeast Asia’s largest and the most technologically advanced - specifically to meet HSL’s core competency needs and to increase productivity levels, thus providing HSL with the competitive advantage to gain larger projects and expand its regional operations.  


Founded in 1994 as a small start-up company, HSL has grown rapidly to become a key regional player in the marine civil engineering sector. Abiding relentlessly by its guiding principles – innovative engineering solutions and construction excellence, the company has accomplished a trail of landmark projects across virtually every industry requiring foreshore structures and facilities. In sharing the company’s growth plans, HSL’s Managing Director Mr Lim Choo Leng said that “We expect (further) increase in demand for marine infrastructure projects in the region. In order to position ourselves to meet this demand, HSL has to proactively seek innovative ways to improve its Engineering and Construction capabilities. As such, having the new piling barge is a necessary investment for HSL to realise our vision to become a leading regional player in the marine civil engineering sector.”


HSL‘s Executive Director Mr Charles Quek who spearheaded the development of this project shared that “the piling barge superior technical capability and productivity will boost HSL's competitiveness and better our chances to secure larger projects in booming markets around the region.” With the new piling barge, HSL has set its sight on expanding its operations in the region; with a focus on the Malaysian, Indonesian and Myanmar markets.  


In order to continue its expansion plans and therefore further strengthen HSL’s foothold as Asia’s leading player in the marine civil engineering sector, HSL has entered into partnership agreements with a Chinese and an Indonesian company, that are also leading marine civil engineering players in their respective markets. The 3 partners will be mobilising in total more than 15 marine piling and construction equipment for this project. This SGD $70m worth partnership will also provide HSL with the equipment and manpower resources to undertake any-sized marine infrastructure projects in the region.


Explaining further the competitive and swift technological developments of the marine engineering industry, Mr Charles Quek added that “despite operating in an equipment-intensive sector, HSL  is able to be actively engaged in a wide spectrum of engineering disciplines at it is backed by dedicated teams of multi-skilled professionals who can confidently meet construction and maintenance needs both on land and sea,” thereby emphasizing the company’s strategic outlook in achieving success by balancing the sustainable effort of developing its workforce in tandem with its pursuit of technological advancements.


The launch event was graced by Guest of Honour, Chief Executive Officer of International Enterprise (IE) Singapore, Mr Teo Eng Cheong. The piling barge is scheduled to be deployed for its next project right after the launch event.

 

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

People & Company News

Russia Ships First Oil From Offshore Arctic Platform

President Vladimir Putin hailed Russia's first shipment of Arctic offshore oil on Friday, saying the platform decried by environmentalists will help Moscow expand its global energy markets share.

Shipping Turns From Banks to Equity Markets for Cash

Shipping companies are turning to equity markets to fill a growing funding gap, betting that investors hungry for decent returns will provide capital to a sector

Keel-Laid for Navy's 10th LCS at Austal Yard

The Navy and Austal USA held a keel-laying ceremony for the future 'USS Gabrielle Giffords', the Navy's 10th littoral combat ship (LCS), in Mobile, Ala., informs

Technology

When Will Deep Sea Mining Commence? The Robot is Ready

The world's first deep sea mining robot sits idle on a British factory floor, waiting to claw up high grade copper and gold from the seabed off Papua New Guinea

Havyard to Build Hybrid Battery Arctic PSV

Norway's Havyard says it has signed a contract for the construction of a Havyard 833 WE ICE platform supply vessel with Fafnir Offshore HF. The vessel is to be

Offshore Service Vessels Design Innovation

It could be argued that no other sector of the maritime market has experienced a design innovation revolution quite like the Offshore Service Vessel (OSV) market.

Shipbuilding

Reports: Brazilian Tycoon Batista Investigated For Financial Crimes

Brazils federal police have opened an investigation into former billionaire Eike Batista for financial crimes, including insider trading, manipulation of markets and money laundering,

Shipping Turns From Banks to Equity Markets for Cash

Shipping companies are turning to equity markets to fill a growing funding gap, betting that investors hungry for decent returns will provide capital to a sector

Keel-Laid for Navy's 10th LCS at Austal Yard

The Navy and Austal USA held a keel-laying ceremony for the future 'USS Gabrielle Giffords', the Navy's 10th littoral combat ship (LCS), in Mobile, Ala., informs

Ship Repair & Conversion

Crewman Claims Ferry Captain "Rushed Back To Bridge"

The captain of a South Korean ferry that capsized two days ago rushed back to the bridge after it started listing severely and tried in vain to right the vessel,

TEPNG Integrates AVEVA Engineering & Design

AVEVA announced that TOTAL E&P Nigeria Ltd. (TEPNG) has adopted AVEVA’s Engineering & Design solutions as part of an Integrated Engineering & Design approach. TEPNG

ClassNK Approves Fillet Welding Consumable

Classification society ClassNK announced that it has granted type approval for the new MX-200F welding consumable, developed by Kobe Steel Co., Ltd. (KOBELCO) to

Ship Sales

Kvichak-built Hovercraft for Sale

The 95’ BHT-150 hovercraft SUNAX, built by Kvichak Marine Industries and owned and operated by Aleutians East Borough, is for sale through public competitive bid.

Litigation Can Cost Shipbrokers an Arm & a Leg

A survey of London solicitors by specialist intermediaries insurer ITIC has highlighted the high cost of litigation for shipbrokers and others seeking judgment in the English courts,

Scorpio Tankers' Latest Sale & Purchase Deals

Scorpio Tankers says it recorded a gain of US$51-million from the sale of the 7 VLCC newbuilding contracts announced earlier. In March 2014, the Company received

Barges

When Will Deep Sea Mining Commence? The Robot is Ready

The world's first deep sea mining robot sits idle on a British factory floor, waiting to claw up high grade copper and gold from the seabed off Papua New Guinea

Shipbuilding: Vigor Industrial Grows Stronger

Vigor Industrial has ballooned from a modest shipyard in Portland, Oregon, to the largest shipbuilder in the Pacific Northwest and Alaska. Vigor increasingly thinks big and builds big.

Tug on the Rocks, Lake Pontchartrain, Three Rescued

US Coast Guard 8th District says that it has rescued 3 crewmembers aboard the (uninspected) tugboat 'UTV Todd Michael' after it grounded on the rocks near the Lakefront Airport on Lake Pontchartrain.

Vessels

Havyard to Build Hybrid Battery Arctic PSV

Norway's Havyard says it has signed a contract for the construction of a Havyard 833 WE ICE platform supply vessel with Fafnir Offshore HF. The vessel is to be

Rotterdam port's throughput almost stable

The Port of Rotterdam’s throughput in the first quarter of 2014, at 109 million tonnes, was 0.2% below the level for the corresponding period last year.Split up by goods type,

Divers struggle in search for ferry survivors

Rescuers struggled with strong waves and murky waters on Thursday as they searched for hundreds of people, most of them teenagers from the same school, still missing

 
 
Maritime Contracts Maritime Standards Navigation Offshore Oil Pipelines Ship Repair Ship Simulators 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: 0.2353 sec (4 req/sec)