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August 31, 2015 12:29 PM ET

Transportation Infrastructure

Company Overview of DDW-PaxOcean Asia Pte. Ltd.

Company Overview

DDW-PaxOcean Asia Pte. Ltd. operates shipyards that build and repair vessels. The company specializes in rig building and ship building, as well as ship repair and conversion services. It serves owners and management companies worldwide. The company was formerly known as Drydocks World-Southeast Asia Pte. Limited and changed its name to DDW-PaxOcean Asia Pte. Ltd. in October 2012. DDW-PaxOcean Asia Pte. Ltd. was founded in 2008 and is based in Singapore. It has shipyards in Singapore; and Graha, Nanindah, and Pertama, Indonesia. As of September 30, 2012, DDW-PaxOcean Asia Pte. Ltd. operates as a subsidiary of Pacific Carriers Ltd.

33 Tuas Crescent

Singapore,  638722

Singapore

Founded in 2008

Phone:

65 6862 1188

Fax:

65 6861 2452

Key Executives for DDW-PaxOcean Asia Pte. Ltd.

Chief Executive Officer
Chief Operating Officer
Age: 57
Executive Director of Singapore Yard
Age: 58
General Manager of Yard Operations - Nanindah
General Manager of Shipping
Compensation as of Fiscal Year 2015.

DDW-PaxOcean Asia Pte. Ltd. Key Developments

Q Group Signs Agreement with Drydocks World to Deliver Great Britain Island on the World

Q Group signed an agreement with Drydocks World to provide a complete range of offshore marine and operational management solutions for the developer’s Great Britain island destination on The World project in Dubai. Providing high-end technical and operational support to the development of the Great Britain island’s five-star resort and residential destination, Drydocks World will design, engineer and build total marine-based solutions including the utility solutions.

The Public Transport Agency at Roads and Transport Authority Awards Maintenance Contract to Drydocks World

The Public Transport Agency at Roads and Transport Authority (RTA) has awarded a 3-year contract to Drydocks World, covering the maintenance of marine transit modes, namely the Dubai Ferry, Water Bus, and the Water Taxi with the aim of realizing RTA's strategic goals through providing better services and maintenance capable of improving performance and sustainability of assets.

Drydocks World Signs $730 Million North Sea Rig Deal

Drydocks World announced it will build a large rig for the North Sea in a deal worth an estimated $730 million, boosting the UAE's ambition to be a high-end industrial manufacturer. It follows other announcements attracting high-end industrial manufacturing to the UAE, including agreements between the Abu Dhabi government-owned Mubadala and the likes of Boeing, Rolls-Royce and GE. Khamis Juma Bu Amim, chairman of Drydocks World, signed the deal with Drill One Capital to engineer, procure and construct a CJ-80 jack-up rig for the North Sea, based on a design by offshore engineering firm Gusto MCS. It is scheduled to be delivered by 2017.

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