Corporate Milestones
2002
Moved into subsea inspection,
repair and maintenance (IRM)
business with two newly delivered
diving support vessels (DSVs), to
build new recurrent income stream.
Expanded into Indonesia – another
cabotage-protected market that
is Asia’s fastest-growing E&P
market – by acquiring 49% each in
two established local ship-owning
and chartering companies, PT
Jawa Tirtamarin and PT Logindo
Samudramakmur Tbk.
2011
Moved into high-growth Brazil
market through wholly owned
Radiance Offshore Navegacao
(Alagoas), which will spearhead
drive to grow its presence in
South America.
Owner and operator of 124 wholly
and jointly owned offshore vessels.
2012
Successfully listed on Mainboard
of the Singapore Exchange.
Indonesian subsidiary, PT Logindo,
was also successfully listed on the
Indonesia Stock Exchange.
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building on 15 Pandan Road, where
its ship-repair yard is currently
under construction.
2013
Entered into Mexico – a high-
growth and cabotage-protected
market – through joint ventures with
local players.
Included in widely followed MSCI
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and jointly owned offshore vessels
at the end of 2014.
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time and enhance service reliability,
by establishing Titan Offshore
Equipment and investing in
Fleetwinch Control.
2009
Invested in Malaysia – a cabotage-
protected market with the largest
offshore exploration & production
(E&P) spending in Asia – through a
49%-owned JV with Alam Maritim
Resources Bhd in Alam Radiance (L).
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vessels from 16 in 2007.
2010
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programme to facilitate its long-
term growth plans.
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Ltd. to advance its offshore
support services business.
Ended the year as the owner and
operator of nine vessels.
Entered into project logistics with a
minority stake in Consolidated Pipe
Carriers, which boosted its ability
to provide logistics services for
project cargo.
2005
2006
2007
Birth of the Group as it
entered into provision of ship
chartering services.
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02
