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Milestones
Wins maiden surf installation contract in Arabian Gulf; Extending its subsea construction capabilities into the region.
Divested Taiwan-based POSH Kerry Renewables Joint Venture to sharpen renewables focus into fast-growing floating wind markets.
Incorporated POSH Kerry Renewables, a joint venture with Kerry TJ Logistics dedicated to serving the offshore renewables market in Taiwan
Established POSH Subsea as the Group’s specialist arm for subsea support
Established a joint venture with Saudi Arabia’s Hamood Al-Khalaf Group to expand presence in the Middle East
Awarded public licence by the Maritime and Port Authority of Singapore for the provision of harbour towage services in Singapore
Acquired PSA Marine’s offshore businesses comprising SEMCO Pte. Ltd., a leading FPSO towage operator; Maritime Pte. Ltd., a leading transportation and installation operator; and various ship-owning entities
Company renamed PACC Offshore Services Holdings Pte. Ltd. (POSH)
Company incorporated as PACC Offshore Pte. Ltd.