Charting a new course with lighter, greener vessels
Pinnacle Marine’s new shipyard lets it scale up shipbuilding and provide new services to customers
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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.
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