Charting a new course with lighter, greener vessels

FROM supplying ships with provisions, Pinnacle Marine now builds its own. The home-grown maritime group’s S$6 million acquisition of a shipyard has given a boost to its dream of being Singapore’s fastest aluminium shipbuilder.

The shipyard allows Pinnacle Marine to serve as a “one-stop” integrated services provider, with everything – from shipbuilding and repairs to custom fabrication – carried out there, said chief executive Fabian Lim.

“Initially, we did not even have a shipyard to call our own; now everything is under one roof,” he explained.