Corporate Milestones

1978 Founding of Labroy Marine
1983 Commencement of Pan-United Marine operations in shipbuilding and ship repair
1991 Construction and delivery of Pan-United Marine’s 1st oil rig, "Teknik Berkat", for Sapura Kencana
1996 Listing of Labroy Marine on the Singapore Exchange
2004 Listing of Pan-United Marine on the Singapore Exchange
2007 Delisting of Pan-United Marine and Labroy Marine following their acquisition by Drydocks World

Formation of PaxOcean Engineering Zhuhai Co., Ltd by Kuok (Singapore) Limited
2009 Delivery of the world's largest multi-purpose Offshore Construction Vessel, the 180-metre DP3 OSA Goliath at Pertama yard
2011 Commissioning of PaxOcean Zhoushan yard, with first contract for dry-docking of Jack-Up JU COSL 942

Delivery of the 10th Jack-Up unit - JB117
2012 Acquisition of 67% of DDW SEA by the Kuok group, and renamed DDW-PaxOcean Asia

DDW-PaxOcean Singapore awarded British Safety Council’s Sword of Honour, for being "best of the best" in health and safety management
2013 PaxOcean Singapore yard awarded the British Safety Council Sword of Honour for the third time
2014 The six shipyards rebranded as the PaxOcean group, supported by central engineering, procurement, marketing and commercial functions

PaxOcean completed conversion of and delivered Semi-submersible Accommodation Vessel, POSH Xanadu