Basic Info

SINGAPORE SHIPPING CORP LTD

Full Company Name :
SINGAPORE SHIPPING CORPORATION LIMITED
Incorporated in :
SINGAPORE
Incorporated on :
28 Apr 1988
ISIN Code :
SG1J24887775
Registered Office :
200 Cantonment Road #09-01
Southpoint
Singapore 089763
Telephone :
65 62204906
Fax :
65 62366252
Email :
biz@singaporeshipping.com.sg
Secretary :
Lin Moi Heyang, Tang Pei Chan
Goh Yong Sian Derek, Ang Lay Kheng
Link to Internet Website :
http://www.singaporeshipping.com.sg/
LISTING
Listed on 24 November 2000 on SGX Mainboard
LISTING BOARD
MAINBOARD
OTHER STOCK EXCHANGE LISTINGS
*SINGAPORE EXCHANGE LTD.
REGISTRARS / TRANSFER AGENTS & ADDRESS
BOARDROOM CORPORATE & ADVISORY SERVICES PTE. LTD.
1 Harbourfront Avenue, Keppel Bay Tower, #14-07, Singapore 098632
AUDITORS
ERNST & YOUNG LLP
Background
The Company was incorporated in Singapore on 28 April 1988 under the name of Ow Marine Holding Pte Ltd. On 13 January 2000, the Company's name was changed to Island Shipping Pte Ltd as part of a restructuring exercise in which the Company would acquire the shipping and logistics businesses from Hai Sun Group Ltd (HSH). On 19 October 2000, the name of the Company was changed to Singapore Shipping Corporation Pte Ltd. The name Singapore Shipping Corporation was then used by Singapore Shipping Corporation (Pte) Ltd (SSCPL), then a wholly-owned subsidiary of HSH, and which was proposed to be transferred from the HSH group of companies to the Company, in conjunction with the proposed restructuring of the shipping and logistics business of HSH under the Company. In conjunction with the change of name of the Company to Singapore Shipping Corporation Pte Ltd, SSCPL changed its name to Island Shipping (Pte) Ltd. The Company then decided to adopt the name Singapore Shipping Corporation as it believes that it is a well-established name in the shipping industry, forming part of the HSH group of companies prior to the Restructuring. On 21 November 2000, the Company was converted to a public company and its name was changed to Singapore Shipping Corporation Limited. The operations of the Group and associates are grouped under two divisions:- (a) ship-owning, ship management and chartering; and (b) warehousing, bunkering, agency and logistics services. The range of ship-owning, ship management and chartering services of the Group and associates encompasses the provision and management of crews for vessels, technical management of equipment aboard the vessel, operations and the marine transportation of cargo. A number of these activities are undertaken through joint ventures with its Japanese and European principals, many of whom are international shipping concerns. In ship management, the Company established a ship management joint venture company with Wallenius Lines in October 1998. At present, the Group, including associates manages a fleet of 34 vessels. The fleet is chartered to various principals on mainly long-term contracts. The Group and associates represent various principals, including international shipping lines such as Mitsui OSK Lines Ltd (MOL), Daiichi Chuo Kisen Kaisha, Metall Und Rohstoff, First Marine Service Co Ltd, Apollo Shipping Co Ltd, Asahi Tanker Ltd and Leonhardt & Blumberg. The Company has interests in joint venture companies which carry on agency, bunkering, transportation, warehousing and logistics-related businesses.