Opening of new SGD 200M PaxOcean Shipyard

PaxOcean, a homegrown premier shipyard group and part of Kuok Maritime Group (KMG), has today officially opened a new SGD 200M shipyard at 5 Jalan Samulun (5JS). The opening of 5JS marks a significant investment by the Group and a milestone that reinforces Singapore’s position as a leading global hub for maritime engineering, innovation, and sustainability.

The opening ceremony was officiated by Mr Murali Pillai, Senior Minister of State, Ministry of Law and Ministry of Transport. The shipyard, situated in the Jurong Industrial Estate, spans 17.26 hectares and features two large graving docks, one floating dock, expanded quayside capacity, and dedicated, integrated workshops to support complex and high-value maritime and offshore assets. The build took two years and was jointly supported by JTC Corporation (JTC) and Singapore Economic Development Board (EDB).

5JS replaces PaxOcean’s previous location at 33 Tuas Crescent. The new yard occupies a significantly larger footprint, giving PaxOcean the ability to handle more complex projects with faster turnaround. Local and international customers can also benefit from PaxOcean’s customised engineering solutions for repairs and upgrades, as well as newbuilding and conversion projects. Overall, the yard will strengthen Singapore’s newbuilding, fabrication, conversion, and repair capabilities.

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