Kim Heng Ltd. (5G2)

Overview

Kim Heng Limited, previously known as Kim Heng Offshore & Marine Holdings Limited until its name change in May 2021, is a comprehensive provider of offshore and marine services. Founded in 1968 and with headquarters in Singapore, the company operates across diverse regions including Southeast Asia, Australasia, the Middle East, and Europe. Kim Heng Limited is structured into two principal segments: Offshore Rig Services and Supply Chain Management; and Vessel Sales and Newbuild. The company plays a vital role in the marine industry by offering a wide range of services and products designed to meet the challenges of the offshore rig, marine construction, and renewable energy markets.

Products and Services

• Chartering, Freight, Servicing, and Repair of Vessels: Kim Heng Limited provides comprehensive chartering services, which include freight transport, servicing, and the repair of various maritime vessels. Their offerings cater to the logistical needs and maintenance of ships within the industry.
• Marine Engineers, Consultants, Sub-Contractors, and Labour Supply: The company is also involved in supplying professional marine engineers, consultants, and labor forces. This also includes handling the provision of services by subcontractors, thereby supporting vast aspects of maritime operations.
• Fabrication Services: Engaged in the fabrication of maritime components and structures, Kim Heng Limited offers tailored services designed to meet the specific requirements of its clients in the marine and offshore industries.
• Trading in Drill Pipes and Related Drilling Materials: Specializing in the trading of drill pipes and materials related to drilling processes, the company supports offshore oil and gas exploration and production activities.
• Services and Rental of Marine Equipment and Cranes: Providing a fleet of marine equipment and cranes for rental or sale, Kim Heng Limited caters to various operational needs including lifting, construction, and offshore support.
• Trading of Vessels and Newbuild: The company trades in a variety of vessels and is also involved in the new building of maritime structures, facilitating the expansion or modernization of client fleets.
• Offshore Rig Repair, Maintenance and Refurbishment, and Vessel Newbuilding: They offer specialized services in offshore rig repair, regular maintenance, refurbishment, and the construction of new vessels, ensuring operational efficiency and compliance with industry standards.
• Afloat Repairs: Kim Heng Limited provides essential afloat repair services, allowing vessels to receive necessary maintenance without the need for dry docking, thus minimizing operational downtime.
• Rental and Sale of Heavy Equipment: The company also deals in the rental and sale of heavy lifting and other significant equipment necessary for marine and offshore operations.
• Marine Construction and Renewable Energy Support Services: Expanding its portfolio to support evolving market demands, Kim Heng Limited engages in marine construction and offers services catering to the renewable energy sector, marking its presence as a versatile player in the industry.